Answer:
A. 4; 3.83 units per hour
B. Increases by 4.44%.
Explanation:
Given that,
Current period:
Output = 160 units
Input = 40 hours
Previous period:
Output = 138 units
Input = 36 hours
A. Current period productivity:
= Current period output ÷ Current period input
= 160 units ÷ 40 hours
= 4 units per hour
Previous period productivity:
= Previous period output ÷ Previous period input
= 138 units ÷ 36 hours
= 3.83 units per hour
B. Percentage change in worker's productivity:
= [(change in productivity) ÷ Previous period productivity] × 100
= [(4 - 3.83) ÷ 3.83] × 100
= (0.17 ÷ 3.83) × 100
= 0.0444 × 100
= 4.44%
Therefore, the worker's productivity increases by 4.44%.
Answer:
Quantity demanded for balloons will increase.
Explanation:
According to the law of demand, there is an inverse relationship between the price of the commodity and the quantity demanded for that commodity.
This means that if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand if there is a fall in the price of a good then as a result the quantity demanded for that good increases.
Therefore,
Fall in the price of balloons will lead to increase the quantity demanded for balloons.
Answer:
i think FV(10) is 110,000.
Explanation:
Suppose today is 1/1/2000, two years from now, ur mom will get the first payment in 2002, and then the second is 2003, and the last is in 2004. U can calculate those number to bring it back to 2000, so u can calculate PV= 46,446 .Then, from 2004, ur mom plans to retire six years later from 2004, which means,2010 (she will begin retire in 2010, last day of 2009, 31/12/2009). Then u will calculate the FV= PV.(1+9%)^10= 110,000
Im pretty sure its 2) Fixtures
Sorry if its wrong
