Number of EmployeesTotal Output16211315418520Table 16.2 Table 16.2 gives the number of oil changes that can be performed at a local oil change business based on the number of employees hired. If the price of an oil change is $20, and workers get paid $150 per day, how many workers should the business hire?

A. Three
B. Zero
C. Two
D. One


Answer: B

Economics

You might also like to view...

The mandate for the monetary policy goals that has been given to the European Central Bank is an example of a ________ mandate

A) primary B) dual C) secondary D) hierarchical

Economics

The elements of investment spending are ________

A) calculated only in real terms B) equivalent to their corresponding international transactions C) consumption, government, exports and imports D) highly procyclical

Economics

"Marriage bars":

a. encouraged married women to participate in the labor force. b. became more widespread in the 1920s c. forced female employees to leave work when they married. d. Both a and b are correct. e. Both b and c are correct.

Economics

The Clayton Act

A. made tying contracts illegal and banned price discrimination. B. called for the establishment of the Federal Trade Commission. C. banned the use of barriers to entry to prevent monopolization. D. declared monopoly and trade restraints illegal.

Economics