The answer is 3 most definitely three lol 1+1=3 yup you bet lol
Answer: 1 widget per dollar
Explanation:
The weekly productivity level for this operation will be calculated thus:
Output = 8000 widgets per week.
Input = Labor Cost + Material Cost
= (5 × 40 × $15) + (100 × $50)
= $3000 + $5000
= $8000
Productivity = Output / Input
= $8000 / $8000
= 1 widget per dollar
Answer:
Monopolistic
Explanation:
The type of competition that occurs in a competitive market without identical producers is a monopolistic one.
Answer:
c. 2.00.
Explanation:
The computation of the partial operating activity is given below:
The cost of material H is
= 360 × $2.50
= $900
Now the partial productivity of material H is
= 1,800 ÷ 900
= 2
Hence, the correct option is c.
Answer:
increase his consumption of product Y and decrease his consumption of product X
Explanation:
Base on the scenario been described in the question, Oscar make purchase of a X product which he already has, which after consuming has a 10 utils costing him $5, he also purchase another product Y he which after consuming has 8 until costing, this suggest that Oscar reduce his consumption on X and increase his consumption on Y according to the equal marginal principle.
The equal marginal principle talks about the behavior of a consumer in sharing his available income within various goods and services. This law states that how a consumer distributes his money income within various goods to be able obtain maximum satisfaction.
