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valina [46]
3 years ago
10

A nonbottleneck worker currently has an idle time of 20 seconds per unit. Because of the large demand, the company improves the

process by adding more capacity to the bottleneck. How does this impact the idle time of the worker?
Business
1 answer:
Sergeu [11.5K]3 years ago
5 0

Answer:

Idle time will decrease

Explanation:

If the company improve there process by adding more capacity, it will decrease the idle time hour.

In the case of a non-bottleneck worker, if bottleneck worker increases their efficiency and produces more units, it will directly impact on non-bottleneck worker's idle time.

One efficient worker will reduce other worker's idle time.

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Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percen
Dahasolnce [82]

The government would set its targeted interest at 6.5%

Based on the Taylor's rule

R = π + A + 0.5(A-A*) + 0.5

This is the formula that helps to get the output gap

<u>Definition of terms</u>

R is the nominal federal funds rate

π is the real rate of federal funds = 2%

A is the rate of inflation

A* is the target of of inflation = 2%

Rate of unemployment = 3%

The government has a target of full employment that is at 4 percent.

When we enter the values into the formula

R = 2% + 3% + 0.5(3%-2%) + 0.5%(2%)

= 5% + 0.5% + 1%

= 6.5%

Therefore the government would set its targeted interest at 6.5%

Read more on brainly.com/question/14466278?referrer=searchResults

5 0
2 years ago
If demand increased by 100 units at each price level, and the government set a price ceiling of $40, then there will be
mel-nik [20]

Answer:

no surplus or shortage

Explanation:

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

If demamd increases by 100, new equilibrium is 40

Thus, ceiling price equal equilibrium

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

It leads to shortages

it leads to the development of black markets

it prevents producers from raising price beyond a certain price

It lowers the price consumers pay for a product. This increases consumer surplus

4 0
2 years ago
A company has sales of $752,800 and cost of goods sold of $301,800. its gross profit equals:
Elena-2011 [213]
Revenue = $752,800
Cost of goods sold = $301,800

To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000

The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had. 
7 0
3 years ago
A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?
Karo-lina-s [1.5K]

Answer:

<h2><em><u>$</u></em><em><u>250</u></em><em><u>0</u></em></h2>

Explanation:

<h3><em><u>Given</u></em><em><u>,</u></em></h3>

No. of peoples living in a country = <em>20,000</em>

GDP of the country is = 50 million dollars or<em> $50,000,000</em>

<h3><em><u>As</u></em><em><u> </u></em><em><u>we</u></em><em><u> </u></em><em><u>know</u></em><em><u>,</u></em></h3>

per \: capita \: gdp \:  =  \frac{country's \: total \: GDP }{country's \: total \: population}

<h3><em><u>Therefore</u></em><em><u>,</u></em><em><u> </u></em></h3>

The per capita GDP of the given country will be

= \frac{country's \: total \: GDP }{country's \: total \: population}

=  \frac{50,000,000}{20,000}

= $2500

<h3><em><u>Henceforth</u></em><em><u>,</u></em><em><u> </u></em></h3>

<em><u>The</u></em><em><u> </u></em><em><u>per</u></em><em><u> </u></em><em><u>capita</u></em><em><u> </u></em><em><u>GDP</u></em><em><u> </u></em><em><u>of</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>given</u></em><em><u> </u></em><em><u>country</u></em><em><u> </u></em><em><u>is</u></em><em><u> </u></em><em><u>$</u></em><em><u>250</u></em><em><u>0</u></em><em><u> </u></em><em><u>(</u></em><em><u>Ans</u></em><em><u>)</u></em>

3 0
1 year ago
You want to have $5 million when you retire in 40 years. you believe you can earn 9 percent per year on your investment. how muc
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You sure invest 150.00 every two weeks out of your pay check
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