User Account

All Pages

Minimum charge for appliance repair

Assignment Help Business Management
Reference no: EM131313511

Joe Fixit has an appliance repair business. He has more business than he can handle and wants to hire another repair person. Joe estimates that three appliances can be repaired each hour by a qualified person. Joe bills out labor at $45 per hour, but he stipulates that the minimum charge for appliance repair estimates is $30 plus parts. What is the marginal revenue product of a qualified repair person? What is the maximum hourly wage that he would pay an employee?

Reference no: EM131313511

Questions Cloud

Defined benefit pension plan and defined contribution plan : List two advantages, from the investor point of view, of an exchange traded fund, vis-a-vis a closed-end fund? Distinguish between a defined benefit pension plan and a defined contribution plan?
Stage of the systems development life cycle : After reading about the systems development life cycle, you decide that you want to learn more about it. Conduct additional research, using at least 2 additional, credible resources other than your textbook, and answer the following questions:
Different trends in the area of csr and ecology : In your review you need to distinguish between different trends in the area of CSR and Ecology and discuss their strength and weaknesses, as well as the consideration of the application to organisations.
Create an array of 1,000 integers sorted : Create an array of 1,000 integers sorted in reverse numerical order. Write a program that runs each sorting algorithm with this array, timing each algorithm, and compare the times.
Minimum charge for appliance repair : Joe Fixit has an appliance repair business. He has more business than he can handle and wants to hire another repair person. Joe estimates that three appliances can be repaired each hour by a qualified person. Joe bills out labor at $45 per hour, ..
Discuss the types of assessment tools the psychologist use : Discuss the types of assessment tools the psychologist might use in his or her evaluation and how these tools would help in guiding diagnosis and treatment.
Demonstrate your ability to provide reasoning for response : Please note that this is an MBA course so you must show and demonstrate your ability to provide reasoning for your response to discussion questions.
Different internationalization paths : In the motor industry, companies have followed different internationalization paths. Toyota expanded organically, establishing subsidiaries in overseas markets. Ford went on an acquisition spree, buying Volvo, Jaguar, Land Rover, and Mazda. Which..
Transfer of wealth as efficiently as possible : How may a small-business owner plan for the use, conservation, and transfer of wealth as efficiently as possible?

Reviews

Write a Review

Business Management Questions & Answers

  Differentiate among business operation

Differentiate among business operation, operation management and product management ?

  Unprofitable and dysfunctional division

A new company has just hired you to turn-around an unprofitable and dysfunctional division. Outline the first series of steps you would take to develop an understanding of the operations.

  Volunteer motivations for hr to develop a program

what ways could understanding motivations to volunteer assist human resource managers develop volunteer programs?

  Relationship between efficiency and innovation

Given this concept, what is the relationship between efficiency and innovation? Use real-world examples to illustrate your response. Can companies innovate and operate efficiently at the same time? Why or why not? Use real-world examples to illust..

  One legal system creates an unfair advantage

Document your findings on their similarities and differences between the 2 systems and what are some of the challenges that United States-based companies would face when conducting business internationally?

  End of a range in an array

Write a function that takes three arguments; a pointer to the first element of a range in a array, a pointer to the element following the end of a range in an array, and an int value. Have the function set each element of the array to the int valu..

  What ethical issues does this incident raise

What ethical issues does this incident raise? - Should you be involved in this issue at all, or is this a job for another part of your organization?

  President of a health care system

You have recently become president of a health care system, Comprehensive Health Systems, Inc. You believe that quality care should be organized as a continuum of care. Your system owns some, but not all, of the services of a continuum.

  Problem-based learning-scenario-autoedge

AutoEdge is a leading national automotive supply company located in Detroit, Michigan. Founded by Jonathan McAlister in 1976, the company specializes in engines and transmission parts and has been supplying products to the three largest U.S.-based..

  Monitoring project finances and variances

Describe (80 to 100 words) the process of monitoring project finances and variances.

  Write a paper on the new enterprise

Write a paper on the new enterprise that addresses at least the following seven sections: Company & Product and Description

  What data would you want to find out and how would you move

What data would you want to find out? How would you move forward. To be successful in this assignment, I want to see that you have thoughtfully considered an approach for this special internal consulting situation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd