Since 1980, the share of temporary workers in total U.S. employment has ________
A) declined
B) increased
C) remained essentially unchanged
D) been impossible to determine
B
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Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 60 chicken breasts per hour by hand, while Tom's experience allows him to debone 120 chicken breasts per hour by hand. Ted buys one new machine that can debone 100 chicken breasts per hour. Both Mike and Tom work the same 40 hours per week, but one of them is assigned to operate the machine instead of deboning the chicken breasts by hand. To obtain maximum average hourly productivity, ________ is assigned to use the machine and their combined average hourly productivity as a team is ________ chicken breasts.
A. Mike; 110 B. Tom; 80 C. Mike; 80 D. Tom; 110
The main losers from inflation are those who
a. have significant assets in real property b. have fixed incomes c. have put their money in foreign banks d. sell products that have a quick turnover e. none of the above
Which of the following checks issued by the government represents a transfer payment?
A) The federal government pays a defense contractor for development of a missile system. B) The federal government pays a retiree her Social Security benefits. C) The state of Oregon pays a construction firm for its work in repairing a state highway. D) The state of Illinois pays groundskeepers at the state capitol building their weekly wages.
A business incurs the following costs per unit: Labor - $125/unit; Materials $45/unit and rent - $25000/month. If the firm produces 1,000,00 . units a month, the total costs equal
a. $125,250,000 b. $170,250,000 c. $125,050,000 d. $170,050,000