Note: This Problem Requires Excel

question 11

Multiple Choice

Note: This problem requires Excel.
You have noticed that paying higher wages attracts more productive employees. However, you are concerned that there may be a limit to this relationship. Some experimentation has convinced you that the relationship between daily wages paid (x) and profits can be modelled by the equation Profit = 50x − 0.5x2 + .001x3 + 200. The range of wages you are willing to consider is from $0 to $500 per day. Use the Evolutionary Solver tool to determine the level of wages that will maximize profits.

• A) 200
• B) 300
• C) 400
• D) 500
• E) Cannot be determined

---

Definitions:

Women

Adult human females.

Personality Disorders

A category of mental health disorders characterized by enduring patterns of thinking, feeling, and behaving that significantly deviate from cultural expectations and cause distress or impaired functioning.

Genetic Predispositions

The genetic makeup that makes an individual more likely to develop certain traits or diseases.

Environmental Factors

Aspects of the surroundings, both natural and man-made, that can influence living organisms and ecosystems.