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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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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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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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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Individual Exercise 3 (10 points) 1. A shoe manufacturer’s data show that the distribution of shoe size is normal with a mean of 11inches and SD 1.5 inches. * A manger of the company claims that 70% of the times shoe size will be between 8 and 12 inches. What do you think? In your deliverables‚ write a few lines about what you think of the manager’s claim and what would you advise him to do. (1 point) * How would you modify the manager’s claim if the distribution of shoe size was not
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policies by determining if an applicant is eligible for insurance coverage. A. Task Dimension: Analysis KSAOs Importance to Tasks (1-5 Rating) 1. Knowledge of underwriting operations. 4.9 2. Knowledge of underwriting and state-specific practices. 4.1 3. Ability to match policy rating with office guidelines. 4.0 4. Ability to read and interpret laws and guidelines. 5.0 5. Skill in determining acceptable and non-acceptable risks. 5.0 6. Ability to interpret and implement loss-control guidelines. 4.4
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Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
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assuming they are classified as available-for-sale. (e) Prepare the journal entry(ies) related to the available-for-sale bonds for 2013. (f) Prepare the journal entry(ies) related to the available-for-sale bonds for 2015. P17-3. (Available-for-Sale Investments) 2 3 Cardinal Paz Corp. carries an account in its general ledger called Investments‚ which contained debits for investment purchases‚ and no credits‚ with the following descriptions. Feb. 1‚ 2014 Sharapova Company common stock‚ $100
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