1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leto [7]
3 years ago
10

AnthonyAnthony​'s Chair Factory currently employs 100100 ​workers, who produce 800800 chairs. If AnthonyAnthony hires a 101101st

​worker, output will rise to 925925. What is the average product of the 101101st ​worker
Business
1 answer:
Nostrana [21]3 years ago
6 0

Answer:

average product = 9.16

Explanation:

given data

currently employs =  100 worker

produce = 800 chair

hire = 101 worker

output = to 925

to find out

average product of the 101 worker

solution

we get here average product that is express as

average product = \frac{output}{input}   ..................1

here output is 925 and input is 101 worker so put here value we get

average product = \frac{925}{101}

average product = 9.16

You might be interested in
The asset's book value is $70,000 on June 1, Year 3. On that date, management determines that the asset's salvage value should b
aniked [119]

Answer:

The correct answer is C that is $4,062.50

Explanation:

The depreciation expense is computed as:

Depreciation expense = Book Value of asset - Salvage Value / Number of years × 6/ 12

where

Book value is $70,000

Salvage value is $5,000

Number of years is 8 because it is Year 3

Number of months is 6 months

= $70,000 - $5,000/ 8 × 6/ 12

= $65,000 / 8 × 6/ 12

= $8,125 × 6/ 12

= $4,062.50

5 0
3 years ago
Consumers decisions are primarily affected by preference and ________
Nady [450]

Answer:

price

Explanation:

5 0
3 years ago
Read 2 more answers
Managers need to understand how information flows within the organization, how their organization interacts with other organizat
Alexus [3.1K]
The answer to this question is False:)
8 0
3 years ago
If a 30% change in the price of grape soda leads to a 45% change in quantity demanded, then what is the price elasticity of dema
Kaylis [27]
2 grape sodas the price of it is 10 dollars
5 0
3 years ago
The production decisions of perfectly competitive firms follow one of the Ten Principles of Economics, which states that rationa
GaryK [48]

Answer: d) think at the margin.

Explanation:

A rational person is defined as some who makes decision with the intelligent thinking rather being emotional .This result usually results in sensible outcomes.

According to the Ten principles of Economics,it is supposed that a rational person tends to think intelligently and would prefer to make minute changes in the resources while taking decision so that optimal rate can be maintained and additional action can be further thought.

Other option are incorrect because purchasing items from smaller organization, sunk rate and average cost product equalizing with the price is not the decision ability of a rational person

7 0
3 years ago
Other questions:
  • Recommend and describe three (3) different ideas to advertise the office to the general public for Healthcare Community Office.
    13·2 answers
  • Credit card refinancing vs debt consolidation
    14·2 answers
  • At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them. True
    8·1 answer
  • 4. In centralized decision making, authority is
    15·1 answer
  • Coates Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T
    11·1 answer
  • A recent study shows the benefits of using public transportation. Government officials have hired your consulting firm to increa
    14·1 answer
  • Common stock valuelong dashVariable growth Lawrence​ Industries' most recent annual dividend was ​$1.80 per share ​(D0equals$ 1.
    15·1 answer
  • The resources owned by firms that shut down in the process of creative destruction:
    6·1 answer
  • In Fontainebleau Hotel v. Eden Roc, the Eden Roc Hotel sued the Fontainebleau Hotel when Fontainebleau began erecting a 14-story
    12·1 answer
  • The MC = P rule applies
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!