A Manager in Charge of New Product Development Can Hire

question 40

Multiple Choice

A manager in charge of new product development can hire engineers and market researchers.The annual salary of an engineer is $40,000 while a market researcher receives $20,000.The marginal contribution of engineers and market researchers are: Based on the above information,if the manager has an annual budget of $140,000 and currently is hiring two engineers and three market researchers,then

• A)the last dollar spent on an engineer yielded more new products than the last dollar spent on a market researcher.
• B)the last dollar spent on a market researcher yielded more new products than the last dollar spent on an engineer.
• C)he is making the correct decision because engineers make more than market researchers.
• D)he is making the correct decision because the last market researcher hired was more productive than the last engineer hired.