Answered
A firm wishes to shut down an office and fire 100 employees.The company will save $3000 per month per employee.It is estimated that each employee contributes $4,100 to the company.The firm rents office space for this group of employees at $1500.What should the company do?
A) Fire the employees and save $1500 on rent
B) Not fire the employees keeping them generates a profit of $1100 per employee
C) Not fire the employees since keeping them generates a profit of $1085 per employee
D) None of the above
On Sep 22, 2024