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A Manager in Charge of New Product Development Can Hire

question 56

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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: 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,how should a manager with an annual budget of $240,000,allocate this budget in order to maximize the number of new products developed? A) Hire three engineers and four market researchers. B) Hire three engineers and five market researchers. C) Hire five engineers and two market researchers. D) Hire four engineers and four market researchers. Based on the above information,how should a manager with an annual budget of $240,000,allocate this budget in order to maximize the number of new products developed?


Definitions:

Lens

A curved piece of glass or other transparent materials used in optical devices to converge or diverge light.

Visual Field

The total area in which objects can be seen in the peripheral vision while the eye is focused on a central point.

Cones

In the retina, specific cells called photoreceptors facilitate color vision and are most efficient in conditions of ample light.

Peripheral Areas

Regions or zones that are outside or on the edge of a central area, often implying a distance from a main or core location.

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