« previous next »

Author Question: Comfy Clothing is thinking of hiring Tom. If hired, he can increase total production by 100 units a ... (Read 44 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Comfy Clothing is thinking of hiring Tom. If hired, he can increase total production by 100 units a week. He would cost the firm 1,500 a week in wages. If the price of each unit is 20,
 a. The MR of hiring the worker is 1,500
 b. The MC of hiring Tom is 1,500
 c. The firm should hire Tom since MR>MC
  d. All the above

Question 2

Why would large department stores such as Home Depot rather face shortages than increase the prices of basic food and repair items in cases of natural disasters such as Hurricanes?
 a. They do not want to increase sales
 b. They are maximizing sales
 c. They do not want to be viewed as unfair
  d. All of the above


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Synthesis of critical thinking Synthesis of critical thinking
Critical thinking model for safety planning Critical thinking model for safety planning
Cotton Production and Slave Population, 1800–1860 Cotton Production and Slave Population, 1800–1860
Using a gauge that measures vacuum in units of inches of water to test the vacuum at the dipstick ... Using a gauge that measures vacuum in units of inches of water to test the vacuum at the dipstick ...
Stem Cell Production Stem Cell Production
Production of colorless sectors and reversion of the unstable colorless Production of colorless sectors and reversion of the unstable colorless
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library