Author Question: Comfy Clothing is thinking of hiring Tom. If hired, he can increase total production by 100 units a ... (Read 42 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
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
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library