Betty and Wilma are the only two cashiers employed at a retail store. Each of them works the same 40 hours per week. By manually entering the price of each product purchased into the cash register, Betty can check out 20 customers and Wilma can check out 30 customers per hour. The store owner replaces the old cash registers with new ones that automatically scan product prices into the register. With the new cash registers, Betty and Wilma can each check out 60 customers per hour. Their average labor productivity as a team before the new cash registers were introduced was ________ customers per hour and ________ customers per hour after the new machines were installed.
A. 50; 60
B. 25; 60
C. 1,000; 2,400
D. 50; 120
Answer: B
You might also like to view...
Available market incentives for clean fuel vehicles
a. include carbon allowances for purchasers of hybrid vehicles b. no longer exist in the United States c. are tax credits for purchasers of plug-in hybrids d are limited to international buyers of electric cars
If, at some level of output, total planned real expenditures are less than real Gross Domestic Product (GDP)
A) real GDP will either fall or remain unchanged, depending on the MPC. B) real GDP will rise. C) unplanned inventories will increase and real GDP will fall. D) real GDP remains unchanged.
Moving along a short-run aggregate supply curve, resource prices ________, the money rate wage ________, and potential GDP ________
A) do not change; changes; does not change B) do not change; does not change; changes C) change; does not change; does not change D) do not change; does not change; does not change
When the Federal Reserve decreases the Federal Funds target rate, the lower rate is achieved through
a. sales of government bonds, which reduces interest rates and causes people to hold less money. b. purchases of government bonds, which reduces interest rates and causes people to hold less money. c. purchases of government bonds, which reduces interest rates and causes people to hold more money. d. sales of government bonds, which reduces interest rates and causes people to hold more money.