Answer:
3 workers
Explanation:
At optimal point, wage = Price * Marginal Product of Labour (MPL)
When 3 workers are employed,
Since wage is given = 25
And price = 4
When 3 workers are hired, wage is close to price * MPL because wage = 25 and p*MPL = 24
OR
salary paid = $25*3 = $75
Revenue generated = 24*$4= $96
This combination provides the best profit margin which is 96 - 75 = $21.
If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United States may work through WTO in removing preset trade barriers so that the small country can more easily purchase the aircraft.
Explanation:
The World Trade Organisation (WTO) is the only international organisation that follows global trade law. It primarily ensures trading is as easy, consistent and free as possible.
World countries meet in the WTO to discuss whether trade restrictions, such as tariffs, should be reduced. WTO talks are conducted in "rounds" where every nation negotiates a trade development agreement, takes a year or two off again and starts negotiations for a new deal.
Answer:
c. volume of goods or services moved to or from location i
Explanation:
we know as per Rectilinear Distance formula
Wi = Ci × Qi .........................1
here Wi is the transportation cost of carry load for the customer “i”
we can say it is weighted load values so volume of goods or services moved to or from location
so correct option is c. volume of goods or services moved to or from location i
An example of real-world cases where Histogram, Pareto Analysis and others mentioned tools in the question can be used is A Report from Microsoft which states that " that of 80% Crashes that occurs in Windows is due to the 0.4 part of the detected bugs in the whole system .
<h3>What are the usefulness of the tools like
Histogram, Pareto Analysis?</h3>
Pareto analysis serves as one that stand on the premised that to achieve the benefit worth 80% of a project, one would need to do at least the 20% of the work.
Histogram on the other hand is a graphing tool which is s tool like impact matrix and can be used to give the summary of a data.
Hence, with the above tools , some of real word problems can be analyzed.
Learn more about Pareto Analysis on:
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<span>Meredith should first try to log in to Airport Wi-Fi if she has the credentials as this Wi-Fi would be more secure and therefore more desirable for paying bills as this is a sensitive transaction that may expose her personal information to identity theft. However, most regular passengers at the airport may not have the credentials t log into the airport Wi-Fi and this is why the airport makes a free Wi-Fi service available to customers. However, Meredith should be aware that anyone will have access to the free Wi-Fi and therefore signing on to that Wi-Fi can put her personal data at risk.</span>