Question: You must decide whether to hire another secretary , whose output is easily measured, or merely to install Voice Processor, which is a new and

You must decide whether to hire another secretary, whose output is easily measured, or merely to install Voice Processor, which is a new and extremely reliable voice recognition software, and employ existing secretaries. A secretary costs $800 per month and Voice Processor, which can only be rented, costs $500 per month. Voice Processor yields 6,000 pages of output per year. The firm is only planning to be in business for one more year. If a new secretary produces twice as much output (correctly typed pages) as Voice Processor, should the firm
None of the above
Rent Voice Processor
Indifferent between (a) and (b)
Hire the secretary
 You must decide whether to hire another secretary, whose output is

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