User Account

All Pages

Premium for overtime and productivity

Assignment Help Macroeconomics
Reference no: EM131373019

An assembly line can produce 60 units per hour. The line's hourly cost is $3600 on straight time (the first 8 hours). Workers are guranteed a minimum of 6 hours. There is a 50% premium for overtime and productivity for overtime drops by 5%. What are the average and marginal costs per unit for the following daily quantities?

a) 300

b) 400

c) 500

d) 600

Reference no: EM131373019

Questions Cloud

Determining the production costs : You are the owner of a fast-food restaurant. Given a new item that you recently advertised, you experience additional demand for your business that you do not want to ignore. Identify your fixed and variable costs at your fast-food restaurant, and..
Draw the production possibility curve : a. Draw the production possibility curve b. Who enjoys the absolute advantage of producing both? c. Who has higher opportunity cost of making T-shirts?
Advise felicity of the cgt implications of the sale : Felicity acquired 1,000 shares in J Co for $12 each in March 2004. In January this year J Co returned $8 of capital to its shareholders in respect of each share they held. The following month Felicity sold all her shares in X Co for $21 each. Req..
Discuss the model or economic theory : Provide a brief overview / synopsis of the issue and discuss the model or economic theory that relates to the issue presented in the news article.
Premium for overtime and productivity : An assembly line can produce 60 units per hour. The line's hourly cost is $3600 on straight time (the first 8 hours). Workers are guranteed a minimum of 6 hours. There is a 50% premium for overtime and productivity for overtime drops by 5%. What a..
Mutual fund that pays per month : In order to have an accumulation of $100,000 twelve years from today, how much does John Dean need to invest in a mutual fund that pays ¾% per month?
How many samples are taken over twenty meter travel distance : ECET 380- Assuming that samples are taken at intervals of 1/4 the Coherence time to ensure correlation of consecutive samples, how many samples are taken over a 20 m travel distance?
Determine the interest rate gene paid : Gene Milton borrowed a sum of $5,000 from his uncle Ben and after three years paid a sum of $5,000 and paid another $1000 after 4 years to pay off the loan. Determine the interest rate Gene paid if the payments were based on yearly compounding.
Justify the effects of detecting organizational gaps : Analyze key elements using ADDIE (analyze, design, develop, implement and evaluate) of training and development geared toward improving the performance of the specific small business for which you are consulting.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Government purchases on investment

Suppose that consumption depends on the interest rate. How, if at all, does this alter the conclusions reached in the chapter about the impact of an increase in government purchases on investment, consumption, national saving, and the interest rat..

  Explain how has technology impacted globalization process

Explain how has technology impacted the globalization process. Is this positive or negative in the short run? What about in the long run.

  The bramwell corporation has estimated its demand function

An oligopolist, the Bramwell Corporation has estimated its demand function and total cost functions to be as follows: Q=25-0.05p TC+700+200Q

  Will resources flow toward or away from the bakery good

With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 7 units of land, 2 units of capital, and 1 unit of entre..

  Explain why do think the european union countries

Explain why do think the European Union countries decide to have a single central bank and a single currency, instead of just agreeing to maintain fixed exchange rates among their currencies.

  Select a nation that has a low per capita income and

select a nation that has a low per capita income and discuss how the catch-up effect would work for that country.

  Each demand curve must eventually hit the quantity

Each demand curve must eventually hit the quantity axis because with limited incomes there is always a price so high that there is no demand for the good.

  What do you notice about the relationship between the real

Suppose a worker receives a wage of $20 per hour. Compute the real wage (money wage deflated by the price index) corresponding to each of the following possible price levels: 85, 95, 100, 110, 120.

  Complete the following to gain a better idea of the various

Taxes greatly influence U.S. economy. Because of this influence, it is good to know the effects they have in the economy and on a personal level. Complete the following to gain a better idea of the various types of taxes, their influences, and how th..

  Method used in investigations

Write a detailed report on forensic validity as a method used in investigations. Your paper should not be less than 1000 words and should be in APA format.

  Estimating the european call option

A stock price is currently $55. The stock price is expected to increase by 20% or decrease by 15% every year. The risk-free rate is 7% per annum with continuous compounding. Using the two-step binomial tree, find the price of its two-year European..

  What is the debt to gdp ratio

The autonomous expenditure is (C0 + I0) is 600 and government expenditure is 400. What is the debt to GDP ratio?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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