workers appears to be most efficient in terms of pizza product per worker? Six workers produce an average of 190 pizzas. c What number of workers appears to minimize the marginal cost of pizza production assuming that each pizza worker is paid $500 per week? Again‚ six workers. The rate for each is the same‚ so minimal cost per pizza is the same as production per worker. d Why would marginal productivity decline when you hire more workers in the short run after a certain level? Training time needed
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Job Description Paper Alicia Jones BUS/303 Bobbie Pippin December 9‚ 2014 Within every job or organization‚ there are jobs and tasks that are assigned to all employees‚ whether it is from the top‚ such as the president of a company‚ on down to the employees that actually run the operation. In those tasks‚ there are also documents that are called job descriptions that are set in place for the employees to follow. In the following paragraphs we will discuss about how important job descriptions are
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Team Week Three Reflection Put names here RES/351 Date teacher Team Week Three Reflection This week Learning Team was tasked with understanding three objectives. Those objectives were as follows: 2.1 State the purpose of the business research. 2.1 Develop appropriate research questions and hypotheses. 2.3 Identify dependent and independent variables in business research. Our learning team discovered that business research is designed to increase your understanding a given
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Week Three Learning Team Reflection ECO/372 Week Three Learning Team Reflection Week three topics included the Multiplier Model‚ The Financial Sector and the Economy‚ and Monetary policy. Most of our team was comfortable with the financial sector and the economy‚ especially with understanding how the interest rates work. Learning how the Federal Reserve works and controls the money supply and interest rates in our economy was an interesting point for many of us as well. Appendix A. contributes
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produce $10‚000 of net income in addition to the savings on the rental of storage space. What decision should now be made? (5 marks) (c) What nonfinancial factors should be considered in the decision? (7 marks) Question 3 (8 marks) (26-5B) Betty Dillman is an accounting major at a Midwestern state university located approximately 60 miles from a major city. Many of the students attending the university are from the metropolitan area and visit their homes regularly
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Wimberg Week 1 Assignment 1.2 Below we list several variables. Which of these are quantitative and which are qualitative? Explain Quantitative is a number it represents the quantity‚ qualitative are the variables. a. The dollar amount on an accounts receivable invoice = quantitative b. The net profit for a company in 2009. = quantitative c. The stock exchange on which a company’s stock is traded. = qualitative d. The national debt of the US in 2009. = quantitative e. The advertising
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b Here m = -3 The negative reciprocal right now is equal to 0. m = 1/3 Find the equation of the line by using the point – slope formula Use the ordered pair (-1‚ 5) m = 1/3 Use equation of a line formula: y = mx + b Put the value of m into the equation: y = 1/3x + b Put the value of x into the equation: y = 1/3 * -1 + b Put the value of y into the equation: 5 = 1/3* -1 + b Place b on the left-side of the equation: 1/3 * -1 + b = 5 Multiply 1/3 by -1 to get -1/3 -1/3 + b = 5 Reorder
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BUS630 WEEK 1 Ashford University MANAGERIAL ACCOUNTING: This week students will: 1. Explain the primary ethical responsibilities of the management accountant. 2. Illustrate the key principles of managerial accounting including cost concepts. 3. Distinguish between the behavior of variable and fixed cost. 4. Explain the significance of cost behavior to decision making and control. 5. Determine the necessary sales in unit and dollars to break-even or attain desired profit
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1. Question : (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? Student Answer: When there is an increase in the price of labor for making bicycles the supply would decrease because it would cost more to make the bikes and the supply curve would shift to the left. There would be no change in the demand for the bicycles. Instructor Explanation: Since a change in costs to produce the
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Conceptualizing a Business Christine Rudersdorf Bus/475 HOMICIDE CLEANUP My business is defined as a cleaning business‚ but not in the sense of your regular house cleaners. My company Homicide Cleanup‚ deals with the cleanup after death‚ whether it be in the house and or outside. The services my company provides is the cleanup after any type of death has occurred. It is our mission to cleanup the scene of a death and or homicide as quickly as possible so the
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