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ExtremeBDS [4]
3 years ago
6

Gourmet Pretzels bakes soft pretzels on an assembly line. It currently bakes 800 pretzels each 8-hour shift. If the production i

s increased to 1,200 pretzels each shift, then productivity will have increased by:___________.
A. 50%
B. 33%
C. 25%
D. 67%
Business
1 answer:
insens350 [35]3 years ago
7 0

The correct option is A - 50%

<u>Explanation:</u>

<u>Given data: </u>

Number of pretzels baked = 800

Time taken = 8 hours

New production = 1200 pretzels

<u>Thus, in order to calculate the productivity the following will be used: </u>

In 8 hours, number of pretzels baked = 800

SO hourly production = 100

If production is increased to 1200,

hourly production = 1200/8 = 150

So, change in productivity = (150-100) / 100 * 100 \%

= 50%

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8 0
2 years ago
If a CobbDouglas production function has alpha​ = 0.34 and beta​ = 0.42, then a​ 1% increase in inputs results in a​ ________ ch
vampirchik [111]

Answer:

0.76%

Explanation:

Firstly we write out the production function to be

Y = K^0.34L^0.42.

So if we have inputs that are increased by 1%, we will now have a new production function which is

Y = (K + 0.01 of K)^0.34 (L + 0.01 of L)^0.42

We write this in terms of growth rate

The Growth rate of Y = 0.34 x the growth rate of K + 0.42 x the growth rate of L

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6 0
2 years ago
Ruff Wear expects sales of $560, $650, $670, and $610 for the months of May through August, respectively. The firm collects 20 p
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Answer:

$643

Explanation:

Collection in the month of August is made up of

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Answer:

d. Milton Friedman

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6 0
3 years ago
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Control+Shift+Enter

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