Question: The output obtained by adding an additional worker is 50 units, and each unit can be sold for $2. Is it worth hiring the additional

The output obtained by adding an additional worker is 50 units, and each unit can be sold for $2. Is it worth hiring the additional worker if she is paid $150 a day.

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 Economics Questions!

Taxpayer: [Your Name] TIN: 987-654-321-000 Address: Poblacion, Puerto Galera, Oriental Mindoro On October 1, 2020, you have started and registered two (2) businesses: a bus transport company...

Can you please help me answer two questions based on the readings below. 1 How would you contrast the mainstream economics view of consumer behavior in 9.3, with the demand curve in general, and also...

Briefly discuss the cost-volume-profit analysis model and how it is used. Use the attached PDF. APA Citation. 300 words. REVISED PAGES 3 Chapter Three 1 Fundamentals of Cost-Volume-Prot Analysis...

PLZ NEED UR KINDLY HELPE ASAP .. PLZZZ Star Adventure sells outdoor play equipment for children. One of the most popular item during this pandemic COVID-19 is Product A. Product A requires three B's...

AEC 311 Assignment 5 Name: - 40 points max - 6 analytical questions: 25 points altogether - 5 multiple choice; 3 points each I On analytical questions, points may be deducted if you get the correct...

Purpose The overall purpose of this assignment is to enhance your skills with Excel relating to linking raw data into a schedule that will be useful to managers. It will help you integrate and...

1. (a) Explain four negative effects of economic development (8mks) (b) Outline six factors that influence decisions on what goods and services to produce (12mks) 2. (a) Use the demand and supply...

(a) Explain four negative effects of economic development (8mks) (b) Outline six factors that influence decisions on what goods and services to produce (12mks) (a) Use the demand and supply schedule...

a . Revenues budget ( 2 ) b . Production budget in units ( 2 marks ) c . Direct materials usage budget and direct materials purchases budget ( 1 0 marks ) d . Direct manufacturing labour cost budget...

1 Cycle Time and Throughput The manager of a production operations process wants to analyze the invoicing process, and has provided the process ow diagram shown below. Currently, there is a single...

Need help please, all information is there, don't say it isn't. Problems 1-3 concern cotton, which can be produced all over the world using the same basic long-run production function: where q is...

Cheyenne's Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows. Material Time Loading Charges Charges Restorers' wages and fringe benefits...

a Car is moving at a constant 20m/s while the driver is reading texts on the phone. The first texts takes 2.5 seconds to read. The second takes 1.8 seconds to read+

11. Consider a feedback system in which a phase-lead compensator 500 G(s)= (s+1)(s+5)(s+10) The feedback system is a negative unity feedback control system shown in Figure 10.38. Compute the gain and...

Identify a nonprofit health care organization and a for-profit health care organization of your choosing (not an organization mentioned in part 1). Answer the following: Summarize the types of...

Despite the documented challenges that the U.S. health care system faces, it also enjoys a number of advantages over other systems around the world. Choose 2 other countries from around the world and...

Both for-profit and not-for-profit hospitals provide a certain amount of charitable services to the public, there is debate as to which provides a higher level of charitable services to its...

What is the difference between the Internet and the World Wide Web? Create at least three statements that identify the differences between the two. Who are the broadband providers in your area? What...

Differentiate Transactional and Collaborative relationships by highlighting each ones advantages purchasing and supplier management

3. Im trying to point out what we need to do to make this happen

1. I try to create an image of the message

4. I try to make them feel what I really mean (1 is related to the visionary, 2 to the logical, 3 to action and 4 to the emotional).