This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An apple orchard currently hires 10 workers. The owner estimates that hiring an additional worker ... (Read 100 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
An apple orchard currently hires 10 workers. The owner estimates that hiring an additional worker would increase apple yields by 20 bushels per day. The price of apples is 15 per bushel. The owner should hire the extra worker if the wage rate is no greater than:
 a. 50 per day.
  b. 150 per day.
  c. 200 per day.
  d. 300 per day.

Question 2

Economies of scale can be caused by all of the following except:
 a. price discounts for large scale purchases.
  b. labor specialization.
  c. use of more productive equipment.
  d. increases in the firm's average total cost.
  e. more cost-efficient methods of marketing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Excellent

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Apple of two different colors Apple of two different colors
Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
How the cortical reaction in a mouse egg is thought to prevent additional sperm from entering the eg How the cortical reaction in a mouse egg is thought to prevent additional sperm from entering the eg
Estimates of carbon stored in the plants and soils of different ecosystems. Estimates of carbon stored in the plants and soils of different ecosystems.
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library