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:

Cycle of Violence

A pattern where acts of violence or abuse occur in repetitive cycles, often escalating and followed by periods of calm or reconciliation.

Honeymoon Phase

A period of time during which a couple experiences an intense and often idealized emotional connection, commonly at the beginning of a relationship.

Acute Battering

A severe form of physical violence or abuse in a domestic setting, typically leading to immediate physical and emotional trauma.

Nursing Diagnosis

A clinical judgment about individual, family, or community responses to actual or potential health problems, forming the basis for selecting nursing interventions.