Answer:
(a) 3.9 units/hour; 3.5 units/hour
(b) 11.43%
Explanation:
(a) Current period productivity:
= Current output ÷ Current labor hours
= 156 units ÷ 40 hours
= 3.9 units per hour
Previous week's productivity:
= Previous week's output ÷ Previous week's labor hours
= 105 units ÷ 30 hours
= 3.5 units per hour
(b) Percentage change in worker's productivity:
= (Change in productivity ÷ Previous week's productivity) × 100
= [(3.9 - 3.5) ÷ 3.5] × 100
= 11.43%
Therefore, the worker's productivity increases by 11.43%.
Answer:
85.3%
Explanation:
since profits = 20% of total revenue, so total revenue = $15,000 / 20% = $75,000
That means that total revenue must grow from $1,000 to $75,000 in just 7 years. We can use the future value formula to determine the growth rate:
future value = present value x (1 + r)ⁿ
$75,000 = $1,000 x (1 + r)⁷
(1 + r)⁷ = $75,000 / $1,000 = 75
⁷√(1 + r)⁷ = ⁷√75
1 + r = 1.853
r = 1.853 - 1 = 0.853 = 85.3%
Answer:
Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.
Explanation:
Can I please get on the brainlist
Answer:
C, none of the choices
Explanation:
from the qeustion, it can be seen that Uri was offered a test ride of the car but he clearly refused. For him to have bought that car without a test drive and later realise the car has a faulty suspenion, he cannot rescind the contract on any of the bases because if he had agreed to the test drive, he would have found out about the faukty suspension and woudn't have bought that car.
It is clearly Uri's fault that he ended up with a car that has a faulty susppension. this isn't a case of fraud or mistake on the part of Stan, neither did Stan unduely influence him to buy the car according to the question.
Cheers.