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Just Bikes, Inc., sells tricycles, in partially-assembled and fully assembled forms. Parents who assemble their own tricycles benefit from the lower price of $45 per tricycle. "Full-service" customers enjoy the luxury of an assembled tricycle, but pay a higher price of $60 per tricycle. Both partially and fully assembled tricycle prices are stable. The company has observed the following relation between the number of assembly workers employed per day and assembled tricycle output:Number of Workers Per Day Finished Tricycles
0 01 72 133 174 205 21
A) Construct a table showing the net marginal revenue product derived from assembly worker employment.
B) How many assemblers would Just Bikes employ at a daily wage rate of $100?
C) What is the highest daily wage rate Just Bikes would pay to hire three assemblers per day?
The estimated demand for the harness is 5,000 units a month. Both suppliers will incur some cost to retool for this particular harness. the harnesses wil be prepackaged in 24x 12x 6 inch carton. Each package weighs 10 pounds. Calculate the total cost..
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Fitness Mania is a small technology start- up company that specializes in personal fitness mobile apps. The three founders have been working hard on the company for the past two years since they founded Fitness Mania. What is (are) the ethical issue(..
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