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3 years ago

Because of its effect on the amount of capital per worker, in the short term an increase in the working population is likely to

Business

1 answer:

Tamiku [17]3 years ago

3 0

Answer:

The correct answer is letter "B": reduce productivity. Other things the same, this decrease will be larger in a poor country.

Explanation:

Labor productivity measures the units a worker can produce per hour. Capital, technology, and human development influence the labor productivity employees could have. Poor countries are characterized by having low investments. If the labor force increases but the capital remains stagnant, the level of productivity is likely to fall since there is a surplus in labor hand.

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A circuit board manufacturer estimates the yearly demand to be 1,000,000. It costs $400 to set up the 3D printer for the circuit

EleoNora [17]

Answer:

The manufacturer have to produce 20,000 circuit boards per run with 50 production runs

Explanation:

Let x = number of circuit boards to be produced

An average of x/2 circuit boards are stored throughout the year at a cost of $2 each;

so annual storage cost = x/2*2 = x

Note: it costs $10 each to produce x circuit boards and $400 to set up

Therefore, The cost per run = 10x + 400

The 1,000,000 circuit boards at x circuit board per run would require 1000000/x runs.

Therefore, production costs = cost per run * production run

production costs = (10x + 400)*(1000000/x) = 10,000,000 + 400,000,000/x

Total cost C = storage cost + production cost

C = x + 10,000,000 + 400,000,000/x

Set c to zero and differentiate c with respect to x

0=1+0-400,000,000/x²

Therefore x = 20,000

Number of circuit boards that should be produced to minimize cost is 20,000

While the production runs needed = 1,000,000/x = 1,000,000/20,000= 50

The manufacturer have to produce 20,000 circuit boards per run with 50 production runs

4 0

3 years ago

Read 2 more answers

HELP!!! Marketing

Harrizon [31]

Answer:

1. ANSWER: 20,000

2. ANSWER: $400,000

3. ANSWER: $28.45

Explanation:

1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.

2. The planned market share in dollars is 10% * $4 million = $400,000

3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.

Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 = $28.45

5 0

3 years ago

Based on the following information, what is the Order Point? Lead Time = 3 Weeks Demand/Week = 200 Units Safety Stock = 1 Weeks’

4vir4ik [10]

I don't know by what you meant

4 0

3 years ago

Southern Rim Parts estimates its manufacturing overhead to be $495,000 and its direct labor costs to be $900,000 for year 1. The

Zarrin [17]

Answer:

Job 301 $ 11,000

Job 302 $ 16,500

Job 303 $ 22,000

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

To calculate the overhead rate we divide the estimated overhead cost by the estimated cost driver:

$\frac{495,000}{900,000}= Overhead \:Rate$

0.55 overhead rate

Job 301 $20,000 labor cost x 0.55 overhead rate

11,000

Job 302 $30,000 labor cost x 0.55 overhead rate

16,500

Job 303 $40,000 labor cost x 0.55 overhead rate

22,000

8 0

3 years ago

Which environment is not an important dimension of a business organization's external environment?

timofeeve [1]

Answer: d. the corporate culture envrionment

Explanation:

5 0

3 years ago