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Author Question: A cottage industry exists in the home-manufacture of country crafts'. Especially treasured are ... (Read 64 times)

nummyann

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on: Jul 1, 2018
A cottage industry exists in the home-manufacture of country crafts'. Especially treasured are handmade quilts. If the fourth completed quilt took 30 hours to make, and the eighth quilt took 28 hours. What is the percentage learning?
 a. 5
  b. 6.7
  c. 10
  d. 100
  e. 122

Question 2

The problem of double marginalization is
 a. The retail price being too high due to an inclusion of both manufacturer and retailer markup
  b. The retail price being too low due to an exclusion of both manufacturer and retailer markup
  c. The retail price being too high due to an exclusion of manufacturer markup
 d. The retail price being too low due to an exclusion of retailer markup


smrtceo

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


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