A consultant hired by the company you work for must deal with the theft of merchandise at the company. His job is to make recommendations to the problem, as part of his research he presents a table that follows based on the alleged thefts of merchandise estimated at $ 400 thousand a year and a salary for the guards of W = $ 25 per hour. Complete the table.
# of security guards |
Cost of Merchandise stolen |
Marginal Benefit |
Total Variable Cost |
Marginal cost |
0 | 400 | - | - | - |
1 | 300 | 100 | 25 | 25 |
2 | 250 | 50 | 50 | 25 |
3 | 225 | 25 | 75 | 25 |
4 | 205 | 20 | 100 | 25 |
Fill this blanks***
_______________ must be recruited since _______________ and _________________ are the same at that point. It is noted that the company would have ____________ worth __________ thousand per stolen merchandise, but this ___________________ is the best decision. I would be willing to pay ___________ dollars because it is the equivalent of _____________________,
Get Answers For Free
Most questions answered within 1 hours.