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ICE Princess25 [194]
3 years ago
15

To manufacture 3,000 pairs of sandals in a week, a firm can use 3,600 workers and 135 machines or 270 machines and 3,300 workers

. Which method is more technically efficient? Both are equally efficient Neither could be considered efficient 270 machines and 3.300 workers 3,300 workers and 270 machines is considered economically efficient as well as technically efficient 3,600 workers and 135 machines
Business
1 answer:
Goryan [66]3 years ago
3 0

Answer:

3,600 workers and 135 machines is more technically efficient.

Explanation:

a. For 3,600 workers and 135 machines

Worker technical efficiency = 3,600/3,000 = $120%

Machine technical efficiency = 135 / 3,000 = 4.50%

Average technical efficiency = (120% + 4.5%) / 2 = 62.25%

b. For 270 machines and 3,300 workers.

Worker technical efficiency = 270/3,000 = $9%

Machine technical efficiency = 3,300 / 3,000 = 110%

Average technical efficiency = (9% + 110%) / 2 = 59.50%

Conclusion

Since the average technical efficiency of 62.25% is higher than 59.50%, 3,600 workers and 135 machines is more technically efficient.

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cestrela7 [59]

Answer:

  • Someone who combines the factors of production into a business
  • -Someone willing to risk loss and failure for profit.

Explanation:

An entrepreneur is a person who starts and sets up their business.

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2 years ago
The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.
babymother [125]

Answer:

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Explanation:

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6 0
3 years ago
Robert has taken up cycling as a hobby and as a way to maintain his physical fitness. He wants to buy a hydration system since h
LuckyWell [14K]

Answer: B

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Explanation:

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6 0
3 years ago
Changes in net operating working capital should not be reflected in a capital budgeting cash flow analysis because capital budge
Ede4ka [16]

Answer:

The correct answer is False.

Explanation:

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6 0
3 years ago
Last week, a gift shop’s employees heard their longtime store manager announce that she is leaving. Now they’ve read an announce
MissTica

Answer: Uncertainty

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Hence from the above we can conclude that the above case demonstrates uncertainty.

               

6 0
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