Flagstaff Company has budgeted production units of 9,000 for July and 9,200 for August. The direct labor requirement per unit is
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Answer: f. Supply of manufactured houses shifts leftward and manufactured houses increase in price
Explanation:
All else being equal, when the price of an input into the production process increases, it makes producing the goods in question more expensive and so producers will respond by reducing production levels to maintain Profitability.
As the price of cement rises, making manufactured houses becomes more expensive and so the makers of manufactured houses will reduce the number of manufactured houses they make. This will reduce Supply thereby shifting the Supply Curve to the left. The new Equilibrium level will indicate a higher Equilibrium price as shown in the attached graph.
Answer:
Answer for the question:
A hospital conducted a study of the waiting time in its emergency room. The hospital has a main campus and three satellite locations. Management had a business objective of reducing waiting time for emergency room cases that did not require immediate attention. To study this, a random sample of 15 emergency room cases that did not require immediate attention were selected at each location on a particular day, and the waiting times were collected and stored – see dataset ERWaiting (the same dataset in both 13th and 14th edition, use either one). a) At the 0.05 level of significance, is there an evidence of a difference in the mean waiting times in the four locations? b) If appropriate, determine which pairs of locations differ in mean waiting time. c) At the 0.05 level of significance, is there an evidence of a difference in the variation in waiting times among the four locations
is explained in the attachment.
Explanation:
