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ella [17]
3 years ago
15

A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equival

ent to 1.29 hamburgers and chicken sandwiches as 0.80 hamburger. Current employment is four full-time employees who work a 40-hour week.
a.
If the restaurant sold 700 hamburgers, 900 cheeseburgers, and 500 chicken sandwiches in one week, what is its productivity? (Round your answer to 2 decimal places.)



Productivity


b.
What would its productivity have been if it had sold the same number of sandwiches (2,160), but the mix was 720 of each type? (Round your answer to 2 decimal places.)
Business
1 answer:
konstantin123 [22]3 years ago
3 0

Answer:

a. 14.13 Hamburger per week b. 13.78 Hamburger per week

Explanation:

a. First of all we can convert all the items on the menu to a same unit.

1 Cheese Burger = 1.29 Hamburger

1 Chicken Sandwich = 0.8 Hamburger

So in the first week total output of the restaurant is

Output = 700 Hamburger + 900 Cheeseburger + 500 Chicken Sandwich

or

Output = 700 Hamburger + 900*1.29 Hamburger + 500*0.8 Hamburger

Output = 2261 Hamburger

And as there are 4 workers so total input is

Input = 4*40 = 160 hours

The productivity is given by

Productivity = Output/Input

So

Productivity = 2261 Hamburgers/160 Hours

Productivity = 14.13 Hamburger per week

b. If the restaurant sold 720 of each sandwich, then total output would be given by

Output = 720 Hamburger + 720 Cheeseburger + 720 Chicken Sandwich

Output = 720 Hamburger + 720*1.29 Hamburger + 720*0.8 Hamburger

Output = 2204.8 Hamburger

So the productivity would have been

Productivity = 2204.8 Hamburgers/160 Hours

Productivity = 13.78 Hamburger per week

Which would have been lower as that of in the first case.

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Answer:

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Explanation:

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A production function: shows the output that is most highly valued by consumers. shows the most desired production method for a
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Answer:

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Explanation:

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As an example, if a economy produces only popcorn, a production function would be an expression that shows hou much popcorn that economy can produce with different combinations of corn and sugar, with a given technology.

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The sampling distribution of the mean describes the pattern that ____________ tend to follow when randomly drawn from a populati
Andreas93 [3]

Answer:

B) sample averages

Explanation:

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Suppose a typical consumer buys 20 units of food and 10 units of clothes in the year 2307, when the price per unit of food is 10
LenaWriter [7]

Answer:

Inflation= 3.3%

Explanation:

Giving the following information:

Suppose a typical consumer buys 20 units of food and 10 units of clothes in the year 2307, when the price per unit of food is 100 and the price per unit of clothes is 200. In 2308, when the typical consumer buys 20 units of food and 20 units of clothes, the price of food is 110, while the price per unit of clothes remains at 200.

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If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?
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Answer:

c. $4.68 trillion

Explanation:

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The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.

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