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A Local Business Owner Is Considering Adding Another Employee to His

question 185

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A local business owner is considering adding another employee to his staff in an effort to increase the number of hours that the store is open per day. If the employee will cost the owner $4,000 per month and the store takes in $50/hour in revenue with variable costs of $15/hour, how many hours must the new employee work for the owner to break even?


Definitions:

Antagonist

In pharmacology, a substance that acts against and blocks an action by attaching to and inhibiting the function of receptors in the body. In literature, a character who opposes the protagonist.

Agonist

A substance that fully activates the receptor that it binds to, producing a biological response.

Endorphins

Naturally occurring peptides in the brain that act as neurotransmitters, known to relieve pain and induce feelings of pleasure or euphoria.

Heroin Use

The act of consuming heroin, an illegal opioid drug, which can lead to severe physical and psychological dependence and health issues.

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