Druk, Inc. is a consulting firm with 10 employees. Each new client generates $10,000 in revenue. If the company hires another employee who brings in five new clients and all other factors of production are constant, which of the following statements is true?
A. Druk will break even if it hires a 12th employee for a wage of $50,000.
B. Druk will break even if it hires a 13th employee for a wage of $10,000.
C. Druk needs to pay $10,000 as wage to the 11th employee to break even.
D. Druk needs to pay $50,000 as wage to the 11th employee to break even.
Answer: D
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Answer the following statement true (T) or false (F)
The administrative body that regulates the sale of securities is the ____________________
Fill in the blank(s) with correct word
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What will be an ideal response?