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 4 engineers and 1 market researcher.
B. Hire 4 engineers and 3 market researchers.
C. Hire 2 engineers and 1 market researcher.
D. Hire 3 engineers and 2 market researchers.
Answer: D
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A. inflation. B. deflation. C. core inflation. D. core deflation.
Which of the following is true of the federal funds rate?
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How do automatic stabilizers, on both the expenditure and revenue sides of the budget, respond during a recession?
What will be an ideal response?