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The standard time for a manual material-handling work cycle is 3.26 min per piece. The PFD allowance factor used to set the standard was 16%. During a particular 8-hour shift of interest, it is known that the worker lost a total of 32 min due to personal time, rest breaks, and delays. On that same day. the worker completed 190 work units. Determine (a) the number of standard hours accomplished, (b) worker efficiency, and (c) the worker's performance level expressed as a percentage
Explain in words and in diagrams how a tax on high-skilled labor burdens low- skilled workers. Which of the following taxes do you think would cause the larger excess burden? In one or two sentences explain why?
Elucidate why does sex discrimination seem to persist on Wall Street in spite of the negative publicity of lawsuits and monetary costs of settlement.
The publisher of a new book figures fixed cost at $92,000 and variable cost at $2.10 for each book produced. If the book is sold to distributors for $15 each, how many must be sold for the publisher to break even?
Consider the following supply and demand equations for labor in a given industry: If a minimum wage of $8 is applied to this market, how many people will lose their jobs because of minimum wage? How many will be added to the unemployment rolls?
Personal values often represent individual characteristics and beliefs that determine people's behavior in various environments. Personal values and ethical standards are developed throughout life.
Illustrate that the tax be acceptable in spite of the deadweight loss. What tax revenue will be generated.
What is the present discounted value of receiving $100 right now, $200 in one year, and $500 in five years? Show your work, and assume r=10%. What is the present discounted value of receiving $100 right now, $500 in one year, and $300 in two years? S..
Initially, the Republic of Gorgonzola has no commercial banking system. Then, the government directs the central bank of Gorgonzola to put into circulation a million identical paper notes, called guilders. The central bank prints the guilders and dis..
Using the demand curve shifters (PYNTE), explain whether each of the following will increase or decrease demand for cell phones. Tell whether the demand curve shifts to the right or to the left.
DeAngelo Corp.'s projected net income is $150.0 million, its target capital structure is 25% debt and 75% equity, and its target payout ratio is 65%. DeAngelo has more positive NPV projects than it can finance without issuing new stock.
Suppose an industry facing an inverse demand equation equal to P = 120-4Q faces a new pollution control law that shifts its constant marginal cost of production from C1 = 50 to C2 = 68. Compute the social costs of regulation in this industry.
Identify and discuss other factors, including structural and social, that have contributed to increased income inequality and indicate the approximate percentage of income inequality for the top two or three causal factors as related by Lindsey.
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