A Manager in Charge of New Product Development Can Hire

question 90

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 contributions of engineers and market researchers are: Based on the above information,how should the manager with an annual budget of $160,000,allocate this budget in order to maximize the number of new products developed?

• A)Hire 2 engineers and 1 market researcher.
• B)Hire 3 engineers and 2 market researchers.
• C)Hire 4 engineers and 3 market researchers.
• D)Hire 4 engineers and 1 market researcher.

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Definitions:

Veterinary Health Care

Medical practices and treatments provided to animals by veterinarians, including preventative care, diagnosis, and surgery.

Human Health Care

A service system devoted to the maintenance and improvement of physical and mental health in humans through the provision of medical services.

Integrative Medicine

A holistic approach to care that combines conventional medical treatments with alternative therapies to treat the whole patient, not just the symptoms.

Advantages

The beneficial aspects or superiority of something, often compared to other options or scenarios.