« previous next »

Author Question: Would the owner of a profit-maximizing fast-food establishment hire another worker for 55 per day if ... (Read 75 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?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

An air ratchet is a very useful tool that allows fast removal and installation of fasteners, ... An air ratchet is a very useful tool that allows fast removal and installation of fasteners, ...
Clinically Significant Drug-Food Interactions in Dentistry Clinically Significant Drug-Food Interactions in Dentistry
Use tap water when making coffee, tea, or juice from concentrate, and for food preparation Use tap water when making coffee, tea, or juice from concentrate, and for food preparation
Factors in Food Security Factors in Food Security
Classical Conditioning and Food Classical Conditioning and Food
The AquAdvantage salmon grows twice as fast as a non-GM Atlantic salmon The AquAdvantage salmon grows twice as fast as a non-GM Atlantic salmon
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library