« previous next »

Author Question: Would the owner of a profit-maximizing fast-food establishment hire another worker for 55 per day if ... (Read 98 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
on: Jun 30, 2018
Would the owner of a profit-maximizing fast-food establishment hire another worker for 55 per day if that worker added faster service, increasing sales and revenue by 50 per day? Why or why not?

Question 2

Which of the following changes can facilitate the transfer or outsourcing of formerly internal activities of a firm?
 a. Changes in technology and market structure
  b. Decline in domestic input prices
  c. Decline in net exports
  d. Rapid pace of industrialization


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

No, hiring this employee would lead to a reduction in profits by 5, adding more to overall costs than to revenues.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kaid0807

  • Hero Member
  • *****
  • Posts: 515
Reply #2 on: Jun 30, 2018
Correct answers!


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms
Food and Drug Administration (FDA) Pregnancy Categories Food and Drug Administration (FDA) Pregnancy Categories
Reducing Pesticides in Food Reducing Pesticides in Food
Food that may carry pathogens that should be avoided by pregnant women Food that may carry pathogens that should be avoided by pregnant women
Latitude versus Agricultural GDP per Agricultural Worker Latitude versus Agricultural GDP per Agricultural Worker
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
Video: Genetic distance between human groups

For a complete list of videos, visit our video library