The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll. Worker Number of Additional Customers Served High School Degree Bachelor's Degree 1st 80 90 2nd 60 80 3rd 50 60
The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll.
Worker Number of Additional Customers Served
High School Degree Bachelor's Degree
1st 80 90
2nd 60 80
3rd 50 60
4th 40 40
5th 35 35
6th 30 25
Given the information in the table, if the manager currently has three HS and three B, what must be true?
Multiple Choice
More customers could be served if the manager hires fewer HS and more B.
More customers could be served if the manager hires more HS and fewer B.
The manager is making the correct decision because the marginal contributions are proportionate.
The manager is not making the correct decision because bachelor’s degree holders are more productive at all levels of customer served.
Please elaborate with math and not just reasoning
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