Answer:
For each hour of work 2.81 loaves are produced.
Explanation:
current production: 1,800 per month
utility cost 800
ingredient cost: 0.40
productivity per labor hour: output / labor hours
It is the total goods produced over a base.
In this case, labor hour.
1,800/640 = 2.8125
For each hour of work 2.81 loaves are produced.
Answer:
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
Explanation:
<em>hope this helps</em>
B. the number of similar yet supposedly different products,
Like toilet paper, though people come up with new designs, there truely is no new product, its just different
Select the items that describe what most likely happens when the Federal Reserve increases the money supply (and people are confident in the economy).
Consumption increases and interest rates fall.
If there is more money in the economy, then there is an increase in the money supplied and consumed. Due to more being available to 'claim' more people are working and buying items they may not have otherwise and the interest rates start to fall because people aren't borrowing as much.
