If a firm hires labor for 6,000, pays rent of 2,000, buys raw materials for 10,000 from another firm, earns profits of 800, and sells its output for 25,000, the value added by the firm is _____.
a. 6,200
b. 9,000
c. 15,000
d. 18,000
e. 18,800
Question 2
A technological advance that increases labor productivity will:
a. lower wages.
b. decrease the demand for labor as fewer workers are needed.
c. decrease the supply of labor as fewer workers are needed.
d. increase the demand for labor as MP rises.
e. decrease the demand for labor as MP falls.
Absorption & Stripping Design Random packing materials
A utility knife uses replaceable blades and can cut carpet and other materials.
Classification of ceramic materials on the basis of application
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
Specific Gravity of Selected Materials
Packaging materials like zip-close bags, egg cartons, and takeout containers should be thrown away