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jeka94
3 years ago
12

In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per 5-day week

. what is the labor productivity of this operation?
a. 90 chairs/worker/day
b. 20 chairs/worker/day
c. 15 chairs/worker/day
d. 75 chairs/worker/day
e. none of the above
Business
2 answers:
BaLLatris [955]3 years ago
7 0
I believe the answer would be C.
 Because you are dividing the dining chairs by the number of workers... That would give you the total amount of chairs that each worker assembled. Then you divide that by the 5 days and you would get the number of chairs that each worker assembled each day.

So, the answer would be C

  
Gemiola [76]3 years ago
6 0

Answer:

c. 15 chairs/worker/day

Explanation:

Given the following information,

Number of employees = 6

Average number of chairs assembled = 450

Number of days = 5

The average number of chars assembled by per worker per day

= 450/(6 × 5)

= 450/30

= 15

It means that 1 worker would assemble an average of 15 chairs per day.

Option c. 15 chairs/worker/day is right.

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Time lags associated with policy decision making and implementation suggest that______.a.increases in spending to fight a recess
arlik [135]

Answer:

B) increases in spending to fight a recessionary gap may occur too late.

Explanation:

Time lags refers to the time that passes between making a decision and implementing the decision. For example, the FED announces its intention to increase or decrease their interest rate with a lot of anticipation, and sometimes it would be better if they just did it.

Politicians are famous for talking a lot and doing very little, and that happens in every country in the world. During recessions words aren't needed, actions are needed. The problem is that many times words are abundant and actions are scarce. A small problem that is not dealt swiftly and properly can become a huge problem.

5 0
4 years ago
The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive fi
Georgia [21]

Monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

<h3>What is a monopoly?</h3>
  • A monopoly occurs when there is a single seller in the market.
  • The monopoly case is considered the polar opposite of perfect competition in conventional economic theory.
  • The demand curve facing the monopolist is, by definition, the industry demand curve, which is downward sloping.
<h3>What is oligopoly?</h3>
  • Oligopolistic markets are characterized by a small number of suppliers.
  • They can be found in all nations and in a wide range of industries.
  • Some oligopoly markets are very competitive, whereas others are substantially less so, or appear to be.

Monopolistically competitive enterprises, unlike monopolies and oligopolies, cannot influence market prices only through their size.

Therefore, monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

Know more about monopoly here:

brainly.com/question/13113415

#SPJ4

Correct question:

The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive firms.

(A) cannot influence the market price by virtue of their size alone.

(B) are price takers.

(C) do not have a price as a decision variable.

(D) benefit from barriers to entry.

7 0
2 years ago
Who determines Brand value?
vova2212 [387]

Answer:

brand marketers is your answer

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3 years ago
Select all of the true statements regarding Gary Hamel's thoughts on management:
SIZIF [17.4K]

Answer: • management innovation is essential to future organizational success

• we must look at management as a process, and then make improvements and innovation ongoing and systematic

• much of management theory is dated and doesn't fit the current realities of organizational life

Explanation:

The true statements regarding Gary Hamel's thoughts on management are:

1. management innovation is essential to future organizational success

2. we must look at management as a process, and then make improvements and innovation ongoing and systematic

3. much of management theory is dated and doesn't fit the current realities of organizational life

According to Gary Hamel, yesterday's best practices of organizations can not be creative or adaptable for the business challenges tomorrow.

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3 years ago
What occurs when the cyclical unemployment rate is zero ?
natka813 [3]
The economy is consider to be at full employment. 
7 0
3 years ago
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