Question: Consider the following table and answer the questions below. Car manufacturer Quantity $/Unit Car- Nissan 4000 Cars $8,000 Car- Ford 6000 Cars $9,500 Labour Hours

Consider the following table and answer the questions below.

Car manufacturer

Quantity

$/Unit

Car- Nissan

4000 Cars

$8,000

Car- Ford

6000 Cars

$9,500

Labour Hours for Nissan

20,000 Hours

$12/Hour

Labour Hours for Ford

30,000 Hours

$14/Hour

a) What is the labor productivity in Hours for each car type? [5 Marks]

b) What is the labour productivity in Dollars for each car type? [8 Marks]

c) Which car type is cheaper to manufacture? [2 Marks]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!