A Local Business Owner Is Considering Adding Another Employee to His

question 185

Short Answer

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?

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Definitions:

Psychopharmacology

The study of the effects of drugs on mind and behavior.

Drugs Affect

The impact substances have on the body's systems, altering mood, consciousness, perception, or physical state.

Fish Oil

Oil derived from the tissues of oily fish, containing omega-3 fatty acids which have various health benefits.

Brain Functioning

Refers to how different parts of the brain operate and interact to support thoughts, behaviors, and physiological processes.