« previous next »

Author Question: Would the owner of a profit-maximizing fast-food establishment hire another worker for 55 per day if ... (Read 102 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?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Campylobacter bacteria are found in most chicken meat. If chicken meat is not well cooked or raw mea Campylobacter bacteria are found in most chicken meat. If chicken meat is not well cooked or raw mea
Endocrine regulation of food intake and energy homeostasis in mammals Endocrine regulation of food intake and energy homeostasis in mammals
Reading a Food Label The Nutrition Facts panel is easy to read—once you know what to look for Reading a Food Label The Nutrition Facts panel is easy to read—once you know what to look for
Closed and Open Food Product Dating Closed and Open Food Product Dating
Food jags Food jags
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Video: Appendicitis Animation

For a complete list of videos, visit our video library