Would you recommend they buy another copier or hire another

Assignment Help Business Economics
Reference no: EM13152515

A copy company wants to expand production. It currently has 20 workers who shareeight copiers. Two months ago, the firm added two copers, and output increased by 100,000 pages per day. One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they buy another copier or hire another worker?

Reference no: EM13152515

Questions Cloud

What volume does the gas occupy : at 710. mm hg a sample of nitrogen gas occupies 625 ml what volume does the gas occupy if the temperature constant and the pressure increases to 760. mm hg
Recognizing the exchange : a. How much gain does Kyle recognize on his exchange? What is the basis to Kyle of his 1,000 shares? b. How much gain does Bob recognize on his exchange? What is the basis to Bob of his 100 shares?
Represent as tree if pv is tree before observing evidence : If PV is a tree before observing the evidence, then we would like PV PV |A= a to be also represented as a tree. Is this always possible?
Vacation home and tax consequences of classification : Explain the rules for determining whether a home is considered a rental property or a vacation home and the tax consequences of this classification.
Would you recommend they buy another copier or hire another : One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they buy another copier or hire another worker?
How high power shows more detail then low power : Total magnification of a miscrosope is determined by adding the eyepiece-lens magnification to the objective-lens magnification?
Determine the mass of co_2 produced : Determine the mass of CO_2 produced by burning enough carbon (in the form of charcoal) to produce 490 kJ of heat.
Future of technology and implications for business : I have to write a 2,000 to a 3,000 word paper on the future of technology and its implications for a business. I have to apply my findings to a specific industry or types of business. I also have to address the followings
What is the association constant for the peptide : The following kon and koff rates for the interaction of antibody (IgG) and a 40 amino acid peptide were determined via surface plasmon resonance (a Biacore machine) to be: kon = 210 nM-1·sec-1, koff=11,000 sec-1.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

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