Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A manufacturing firm is trying to decide if it should purchase an automated assembly line. The firm currently has employees completing the assembly portion of its production process. The workers are very efficient; a single worker can produce 5 assembled products per hour. An average worker earns $42.50 per eight hour day. The automated assembly line can produce 1600 assembled products in eight hours. The company estimates that the capital costs associated with the automated assembly line total $250 per hour.
a. Should the company use the automated assembly line? Why or why not?
b. Labor negotiations are beginning next month with the employees union. What would you as a negotiator propose as a maximum average wage per hour under a new contract? (In other words, at what hourly rate would it become more efficient to use the automated assembly line?)
Assume that you were ready to buy a custom tailored dress (or men’s suit) and you are prepared to pay up to $200 for it. Also assume that the tailor is prepared to sell that item of clothing for as little as $100. Discuss how this scenario relates to..
Find the equilibrium price also quantity, then find elasticity of demand. Which should the federal government consider when evaluating the rising cost of college.
In a paper, analyze the impact of changes in the federal minimum wage on employment, the individual, family and household incomes, and the future of employment wages. Provide specific examples to support your findings and justify your ideas.
Briefly summarize Portney's overall assessment of the 1990 Clean Air Act Amendments, and discuss the major implications of these findings for society.
______An organization's shared values, beliefs, traditions, philosophies, rules, and role models for behavior represent its
You begin putting $500 a month into a savings account that pays 3% compounded monthly. A) How long until you have enough for a down payment? B) What is the present value of your account?
Economists have devoted a lot of effort to estimating the natural rate of unemployment in particular countries at particular times. Is this a useless academic exercise, or are there good reasons to want to know this number? Explain.
Some firms with monopoly power are more focused on market share, size and influence in the economy. This is particularly true if there is a tendency for ownership (stockholders) and control (managers) to be separated.
Draw the demand curve and show the values of the price and quantity intercepts using the linear equation for Qx=28,000,000-Px divided by 1000.
Explain how fiscal policy (making changes to government spending and taxes) would affect aggregate demand (AD).
Why Is government intervention needed for our economy to run well. If Xavier keeps the tutor until his grade actually begins to fall, his marginal utility will be.
Provide healthcare examples of the following market failure:
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd