The market price for wallets is $20. Your technology is such that at your most efficient production point, the average total cost of producing a wallet is $2.50. Your manager runs into your office and shouts, "Boss Average costs are rising!!" To make a profit-maximizing decision, you should:

By asking the manager about the marginal cost.

Explanation:

When a business wants to  make profit it decides the production level that gives maximum revenue at lowest cost. that is, the business maximize profit and maximize revenue at a  lower cost.

The manager should ask for the marginal cost of production, since t there will be  a rise in average cost

A marginal cost can be defined as  the extra cost incurred for producing an extra unit of a product.

To achieve maximize profit the manager needs to get a production level at which marginal cost is lowest at highest revenue,

Maximum profit = marginal cost (lowest at highest revenue)

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!