A manager in charge of new product development can hire engineers and market researchers.The annual salary of an engineer is $30,000 and that of a market researcher is $20,000.The marginal contribution of engineers and market researchers are Given the above information,if the manager currently has two engineers and one market researcher,what must be true?
A)He is making the correct decision because $$M P _ { E } = M P _ { R }$$ .
B)He is not making the correct decision because $$M P _ { E } / P _ { E } M P _ { R } / P _ { R }$$ .
C)Fewer new products will be developed if he hires fewer engineers and more market researchers.
D)More new products will be developed if he hires fewer engineers and more market researchers.

Question

A manager in charge of new product development can hire engineers and market researchers.The annual salary of an engineer is $30,000 and that of a market researcher is $20,000.The marginal contribution of engineers and market researchers are  Given the above information,if the manager currently has two engineers and one market researcher,what must be true?
A)He is making the correct decision because $$M P _ { E } = M P _ { R }$$ . 
B)He is not making the correct decision because $$M P _ { E } / P _ { E } > M P _ { R } / P _ { R }$$ . 
C)Fewer new products will be developed if he hires fewer engineers and more market researchers. 
D)More new products will be developed if he hires fewer engineers and more market researchers.

Quizplus · Accepted Answer

The Answer of A manager in charge of new product development can hire engineers and market researchers.The annual salary of an engineer is $30,000 and that of a market researcher is $20,000.The marginal contribution of engineers and market researchers are  Given the above information,if the manager currently has two engineers and one market researcher,what must be true?
A)He is making the correct decision because $$M P _ { E } = M P _ { R }$$ . 
B)He is not making the correct decision because $$M P _ { E } / P _ { E } > M P _ { R } / P _ { R }$$ . 
C)Fewer new products will be developed if he hires fewer engineers and more market researchers. 
D)More new products will be developed if he hires fewer engineers and more market researchers.

A Manager in Charge of New Product Development Can Hire MPE=MPRM P _ { E } = M P _ { R }MPE​=MPR​

A Manager in Charge of New Product Development Can Hire $M P _ { E } = M P _ { R }$