Answer:
7 workers will be required
Explanation:
We will define actual time required to do a job
= Standard time required for producing each unit x Worker efficiency (%)/100
= 11.65 x 115/100
= 13.3975 minutes
Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes
Therefore ,
Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975
Number of units to be produced = 1000 units
Therefore,
Number of workers required
= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days
= 1000 x ( 13.3975 /1920)
= 6.977 ( 7 rounded to nearest whole number )
Alasia often deals with customers by traveling to their homes to install energy sources. She can also fix any issues the customer may have. Alasia is most likely an Electrician, If Alasia can fix almost any issue, it means it doesn´t need to be about the energy source, it may be about other technical electric problems, making Alasia an electrician.
Answer:
Equal Employment Opportunity Commission
Explanation:
The entity that would be involved in this case is the the EEOC. That is the equal employment opportunity commission. The violation that has occurred here is that both the man and the woman are equally qualified for this job but the owner wants to pay the woman a smaller salary compared to what he wants to pay the man. The EEOC handles such matters of discrimination to employees and workers based on gender, race, religion etc.
Answer:
The correct answer is option a.
Explanation:
Pizzas and burgers are substitutes. This implies that they are used in place of each other. If the price of pizza increases, its quantity demanded will decrease. This will be indicated by an upward movement to the left on the same demand curve.
The consumers will prefer a cheaper substitute, as a result, the demand for burgers will increase. This will be indicated by a rightward shift in the demand curve for burgers.
Answer:
a) The PV of the quarterback's contract is 13.91 million
b) The PV of the receiver's contract is 14.42 million
.
c) The Receiver is better paid
Explanation:
a)
PV of quarterback
= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6
= 3.1/0.09*(1 - (1/1.09)^6)
= 13.91 million
Therefore, The PV of the quarterback's contract is 13.91 million
.
b)
PV of receiver's contract
= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6
= 5 + 2.1/0.09*(1 - (1/1.09)^6)
= 14.42 million
Therefore, The PV of the receiver's contract is 14.42 million
.
c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.
