The dean of your college is considering hiring another economics professor.If the additional revenue that the college can earn from employing the professor exceeds the additional cost, the college should
A)do nothing
B)continue to study the issue
C)hire the professor
D)stop offering economics classes
E)not hire the professor and lay off a professor already on the faculty

Question

Quizplus · Accepted Answer

If the additional revenue from employing the professor exceeds the additional cost, then hiring the professor would be financially beneficial for the college. It would also potentially improve the economics department and the education of the students in that area. Choosing any of the other options would not be as financially sound or beneficial for the college.

The Dean of Your College Is Considering Hiring Another Economics