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A punch press stamps 2050 brackets during an 8 hour shift. 2 operators run the machine during the shift. 80 parts were scrapped after testing. Hourly Rate for each operator is overhead is 1.5 times the hourly rate wage. Material cost is $1.5 per part. Calculate the manufacture productivity.
Which of the following is a list of nonrival private goods only? Economic theory suggests that college graduates receive higher wages than those with only a high school education because:
What are some of the characteristics of CSS modulation which make it suitable for military applications?
Final Project Scenario You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and opera..
What is unique about perfect competition as a market structure that sets it apart from the other three market structures? How does it affect the diagrams that we use to analyze firm behavior? What are the implications of the assumption of easy entry ..
Jim sees commuting by bus and T as perfect substitutes (U = T + B), that is, he would exchange one commute by bus for one commute by T. The price of a bus ticket is $1.50 and the price of a T ticket is $2.00. Jim has $6.00 to spend on commuting. (a) ..
Government wants to change its spending in order to avoid a recession. If crowding-out effect is always half as strong as multiplier effect and if MPC equals 0.9, by Explain how much does government purchases have to change.
Assuming that labor is the only variable input, why does the marginal cost curve slope upward? Marginal cost may decrease at low levels of output, but we assume that it eventually begins to increase, and continues to increase as output increases. Why..
what is the size of the bank's actual reserves. Required reserves are 10 percent of transactions deposits under the assumptions of the simple multiplier formula, then eventually the money supply will increase by.
The coconut oil demand function is Q=1,200-9.5PC+16.2Pp+0.2M where Q is the quantity of coconut oil demanded in thousands of metric tons per year, PC is the price of coconut oil in cents per pound, Pp is the price of palm oil in cents per pound, and ..
Let's say you live in a rural area where every house is on 1-5 acres of land so no one is very close. What security protections, if any, would you
Analyze a well-designed risk management plan to determine how it can prevent risk and control residual risk.
Can you please proofread my marketing report? Feel free to make corrections you deem necessary! Please make it more concise in length since
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