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Games4U makes video games on CDs at its Old Town plant. The plant produces 800 games each day, and employs 100 workers that work 8 hours each day. They use the following resources daily
• 1200 CD blanks that cost $0.50 each
• Labour costs average $20/hour
• All other daily costs: $3,400
a. Compute the plant's productivity in terms of output per labour-hour
b. Compute the plant's productivity in terms of output per dollar
c. How many more hours of overtime would each worker need to work to increase daily production by 200 games?
Describe three major important roles of entrepreneurship in the American economy.
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