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1.The ABC Company has a large order for special uniforms to be used in an urgent operation. Working the normal two shifts of 40 hours each per week, the ABC production process usually produces 2, 500 uniforms per week at a standard cost of $120 each. Seventy employers work the first shift and 30 the second. The contract price is $200 per uniform. Because of the urgent need, ABC is authorized to sue around-the-clock production, six days per week. When each of the two shifts work 72 hours per week, production increases to 4,000 uniforms per week but at a cost of $144 each.
i. Did the multifactor productivity ratio increase, decrease, or remain the same? If it changed, by what percentage did it change?
ii. Did the labor productivity ratio increase, decrease, or remain the same? If it changed, by what percentage did it change?
iii. Did weekly profits increase, decrease, or remain the same?
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Outline the specific steps that you would take to complete this audit. Make certain that you tailor the steps to the type of steel manufacturing facility that CSI is-that is the key to this assignment.
Thus, low income people and people with bad credit histories will be able to obtain credit on more favorable terms." Do you agree with this argument? Explain.
Find the total revenue of the monopolist when it sells 6 units of the commodity without practicing any form of price discrimination. What is the value of the consumers' surplus?
The overall framework for carrying out an economic efficiency analysis on the basis of benefit and cost considerations is illustrated as Figure 8.4 of text book Transport and Decision Making (Principles of Project Evaluation and Programming) by Sinha..
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Managerial economics test- the managerial economics test for please solve everything and show all work for your work please
Examine one real-world event or recent news story from the last 12 months that you believe demonstrates the topics covered in this course. Predict how this event ties to the new learning in the course. Formulate an opinion and defend your position ab..
Despite having some market power, Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the manager to raise prices, so that profitability can be improved. The manager is unsure of this strategy as recent data points ..
Define demand-side and supply side policies. Sometimes it is said that Keynesian s advocate demand side policies and monetarists advocate supply side policies. Is there any accuracy in this statement?
Superior Metals Corporation has seen its sales volume decline over past few years as the result of rising foreign imports. In order to raise sales, the company is planning a price reduction on luranium
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