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5. A manager in charge of new consulting service can hire economists and accountants. The annual salary of an economist is $20,000 while an accountant

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5. A manager in charge of new consulting service can hire economists and accountants. The annual salary of an economist is $20,000 while an accountant receives $10,000. The marginal contribution of economists and accountants are: Economists Accountants 1st 2nd 3rd 4th 5th Marginal Benefit (Additional new products) 120 100 80 50 20 Ist 2nd 3rd 4th Marginal Benefits (Additional new products) 40 35 30 25 20 5th Based on the above information, how should a manager with an annual budget of $70,000, allocate this budget in order to maximize the number of new products developed

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