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Bumek [7]
3 years ago
15

A company that makes fireplace mantles uses computer modeling in order to ensure that the process used makes the most efficient

use of resources and effective design of their products. the company is equipped with ________ technology.
Business
1 answer:
lisov135 [29]3 years ago
8 0
<span>Your answer will be CAD/CAM hope this helped:)</span>
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Suppose that a monopoly firm finds that its MR is $60 for the first unit sold each day, $59 for the second unit sold each day, $
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A. MRP = Change in revenue / Change in Labor

For first worker = 60 + 59 + 58 + 57 + 56 = 290/1 = $290

Since he produces 5 units.

Second Worker = 55 + 54 + 53 + 52 = 216/1 = $174

Since he produces 4.

Similarly,

Third worker = 51 + 50 + 49 = $150

Fourth worker = 48 + 47 = $95

Fifth worker = $46

B. Now all units are charged at $50

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C. If the wage is $210 it will demand workers until the MRP decreases below 210 and that happens for worker 2 here.

Since he can produce only $200 for $210 wage, he should not be hired. Hence only one worker will be hired here

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