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Leokris [45]
3 years ago
11

An economy consists of three workers, Larry, Moe, and Curly. Each works ten hours a day and can produce two services: mowing law

ns and washing cars. In an hour, Larry can either mow one lawn or wash one car; Moe can either mow one lawn or wash two cars; and Curly can either mow two lawns or wash one car.Scenario 1: All three spend all their time mowing lawns. Then lawns will be mowed and cars will be washed.Scenario 2: All three spend all their time washing cars. Then lawns will be mowed and cars will be washedScenario 3: All three spend half their time on each activity. Then lawns will be mowed and cars will be washed.Scenario 4: Larry spends half his time on each activity, while Moe only washes cars and Curly only mows lawns. Then lawns will be mowed and cars will be washed.Exactly one of the scenarios above is inefficient. That is Scenario:_________
Business
1 answer:
pantera1 [17]3 years ago
7 0

Answer:

Larry spends half his time on each activity, while Moe only washes cars and Curly only mows lawns. Then lawns will be mowed and cars will be washed

Explanation:

In a hour :

Larry can ; wash 1 car or mow 1 lawn

Moe can ; mow 1 lawn or wash 2 cars

Curly can ; mow 2 lawns or wash 1 car

The inefficient scenario is  Larry spends half his time on each activity, while Moe only washes cars and Curly only mows lawns. Then lawns will be mowed and cars will be washed. this is because Larry can either wash 1 car or mow 1 lawn every hour and if Moe only washes cars and Curly only mows Lawns there will still be Cars and Lawns left to be washed and Mowed since Larry does not work at full capacity like Moe and Curly who could wash 2 cars or mow 2 lawns every hour

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The exponential smoothing forecasting technique slowly responds to changes in the mean level of demand when A. a small alpha val
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Answer:

a small alpha value is used.

Explanation:

The exponential smoothing forecasting technique is used for forecasting a time series when there is no trend or seasonal pattern, but the mean of the time series is slowly changing over time.

The choice of the smoothing constant α (alpha) is important in determining the operating characteristics of exponential smoothing. The smaller the value of α (alpha), the slower the response. Therefore when a small alpha value is used the exponential smoothing forecasting technique slowly responds to changes in the mean level of demand.

When the values of α (alpha) are larger this makes the smoothed value to react quickly – not only to real changes but also random fluctuations.

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3 years ago
"this process of continuous alteration was applied not only to newspapers, but to books, periodicals, pamphlets, posters, leafle
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<span>Answer: This passage refers to the process of changing the past, which is Winston's job. By controlling the past, the Party is able to manipulate the minds of Party members.</span>
7 0
3 years ago
A U.S. business sells milk to consumers in France. Which situation would most likely cause demand for milk to rise in France?
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A situation that would most likely cause demand for milk to rise in France is French consumers expect the price of milk to increase in the future.

<h3>What causes an increase in the demand for a product?</h3>

The demand for a product is affected by:

  • future expectations
  • change in the price of other goods
  • Change in the income of consumers

When it is expected that the price of a product would increase in the future. Consumers would want to buy the product now when it is cheaper so as to save money.

For more information about the change in demand, please check: brainly.com/question/25871620

6 0
2 years ago
Selected data from the Florida Fruit Company are presented below: Total assets $1,500,000 Average total assets 1,850,000 Net inc
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Answer:

13.5%

Explanation:

Relevant data provided for computing the profit margin which is here below:-

Net Income = $175,000

Net Sales = $1,300,000

The computation of profit margin is shown below:-

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Therefore for computing the profit margin we simply applied the above formula.

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3 years ago
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The Federal Reserve Act helped to reduce loans to private banks and created a new type of paper currency.

With the passing of the Federal Reserve Act of December 23, 1919, signed by President Woodrow Wilson, the government initiated with the Federal Reserve system that acted as the Central Bank of the United States. It had twelve regional banks that supplied all the money for the country. Its headquarters are located in Washington D.C., and the commonly known as the Fed supervises the financial and economic situation in the country, the monetary supply, and tries to control inflation.

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