Answer:
average hours = 200
average hours = 166.67
Explanation:
given data
vans produced = 7,200
labor productivity = 0.10 vans per labor hour
Laborers = 360
to find out
How many hours average laborer work that month and If productivity can be increased to 0.12 then How many hours average laborer work
solution
average laborer work that month is express as
Laborers × average hours × labor productivity = vans produced
put here value
360 × average hours × 0.1 = 7200
so
average hours = 200
and
Laborers × average hours × labor productivity = vans produced
put here increase productivity
360 × average hours × 0.12 = 7200
so average hours = 166.67
Answer:
c. Government must provide adequate physical infrastructure.
And
a. Private property rights must be established by law and enforced by police
Explanation:
Answer:
total cost of producing 100 units is $4700
Explanation:
given,
Fixed cost = $200
Total cost = $4,000
The total cost of n units = total cost of (n-1) units +marginal cost of nth unit
The total cost of 100 units= total cost of 99 units+marginal cost of 100th unit
The total cost of 100 units = $4000 + $700
=4000+700
=$4700
the total cost of producing 100 units is $4700
