Author Question: A water bottle manufacturing plant uses a three-step procedure to produce each unit of bottle. The ... (Read 128 times)

wrbasek0 · **on:** Jun 30, 2018

A water bottle manufacturing plant uses a three-step procedure to produce each unit of bottle. The first step is casting, which needs 35 workers to operate the furnace. The second step is quenching, which needs 35 workers. At the third step, bottles are prepared for dispatch in the assembly line with the help of 70 workers. If the factory produces 14,000 bottles per day, then the productivity of labor in the factory is equal to _____.
a. 200 bottles per worker
b. 400 bottles per worker
c. 100 bottles per worker
d. 140 bottles per worker
e. 220 bottles per worker

Question 2

The Celler-Kefauver Act of 1950:
a. amended the Sherman Act to outlaw price fixing where the effect is to lessen competition.
b. created the Interstate Commerce Commission.
c. prohibited conglomerate mergers where the effect is to lessen competition.
d. prohibited a firm from acquiring the assets of another firm where the effect is to lessen competition.