Question
Hello, Please help with: Thebelow table shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of
Hello,
Please help with:
Thebelow table shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities.
Number of Employees Total Donations Average Donations Total Labor Costs Average Labor Costs
1 $30,000 $8,000
2 $42,426 $17,000
3 $17,321 $27,000
4 $60,000 $9,500
5 $13,416 $50,000
Calculate the total value of donations raised by three employees, and explain the method you used to make this calculation - Explanation:
Calculate the total labor cost with 4 employees, and explain the method you used to make this calculation - Explanation:
Analyze the relationship between average benefits and average costs by filling in the blanks in the following statement: If the President of State U decides to hire fundraising employees as long as their average benefit exceeds their average cost. This results in ________ employees being hired and a net benefit (total donations minus total labor costs) of ________ - Explanation:
Evaluate the marginal benefit (in terms of extra donations) of the 2nd employee - Explanation:
Explain how will the marginal cost of the 4th employee increase the total labor cost - Explanation:
Determine when the net benefit of hiring fundraisers is largest - Explanation:
Thank you!
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