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Author Question: Soozie's Smoothies employs ten workers. Each worker works eight hours per day. The ten workers are ... (Read 60 times)

khang

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Question 1

Suppose that output in an economy is 1,000 units and the number of hours worked in the economy is 40. If the economy enters a recession, which of the following combinations of output and hours worked would best reflect the recession?


◦ 1,000 units of output and 40 hours worked
◦ 500 units of output and 20 hours worked
◦ 800 units of output and 30 hours worked
◦ 600 units of output and 25 hours worked

Question 2

Soozie's Smoothies employs ten workers. Each worker works eight hours per day. The ten workers are able to make 240 smoothies per day. The labor productivity is therefore ________ smoothies per person/hour.


◦ 0.33
◦ 1.5
◦ 3
◦ 5


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Marked as best answer by khang on Apr 19, 2019

rosiehomeworddo

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