Adam works 30 hours to build 15 bird houses.
Therefore, by the unitary method,he builds bird houses equaling bird houses.
Doug works 20 hours to build 12 bird houses.
He takes one hour to build bird houses equaling 0.6 bird houses.
Doug takes one hour to complete a higher fraction of construction of the bird house. Doug is more productive.
But Adam,overall finishes 15 bird houses a week whereas Doug produces only 12. Adam's production is higher.
Therefore option 1 is correct. Adam’s production is higher than Doug’s, but Doug’s productivity is higher than Adam
Adam and Doug both build birdhouses. Adam works 30 hours a week and produces 15 bird...
You have been assigned to test the hypothesis that the average number of hours per week that an American works is higher than the average number of hours per week that a Swede works. The following data summarizes the sample statistics for the number of hours worked per week for workers in each country. Assume that the population variances are unequal. American Swede Sample mean 32.7 hours 28.2 hours Sample size 15 12 Sample standard deviation 5.1 hours 6.0 hours...
Gina works at a diner. She has 100 hours each week to spend at labor/leisure, earns a wage of $15 per hour, and works in a fancy modern restaurant that doesn't involve tips from customers. She has no sources of non-labor income, but she does have to pay $200 per week in childcare for her precious baby Carlos (regardless of how many hours she actually utilizes the childcare). Her utility function is U 1. 0.001CL2 (3 points) Each week she...
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Consider two neighboring island countries called Dolorium and Content. They each have 4 million labor hours available per week that they can use to produce jeans, corn, or a combination of both. The following table shows the number of jeans or corn that can be produced using 1 hour of labor.CountryJeansCorn(Pairs per hour of labor)(Bushels per hour of labor)Dolorium416Content510Initially, suppose Content uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce...
Lisa works in Mugs Coffee, a café on a university campus, about 15 hours per week as a casual employee. She has been working at Mugs for eighteen months. Lisa has worked regular shifts which she coordinates by agreement with the Mugs owner, around her university timetable. The café pays its staff well and working conditions and the work environment have been good, at least, they were until about three months ago. While the café where Lisa works, which is open...
Consider two neighboring island countries called Bellissima and Euphoria. They each have 4 million labor hours available per week that they can use to produce jeans, rye, or a combination of both. The following table shows the amount of jeans or rye that can be produced using 1 hour of labor. Country Bellissima Euphoria Jeans (Pairs per hour of labor) 8 Rye (Bushels per hour of labor) 16 20 Initially, suppose Bellissima uses 1 million hours of labor per week...
Question Set 2. For this question set, you will calculate labor productivity and multifactor productivity, both in tons of rice produced per dollar value of inputs. A Rice Manufacturer employs 65 field workers (each working 40 hours per week at a wage of $12hr) and 18 line workers (each working 40 hours per week at a wage of $22/hr). The business has capital expenses of $17,500 per week and produces 325,000 tons of rice per week. Recently, the company decided...
Lenny Florita, an unmarried employee, works 44 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $21.00 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
Consider two neighboring island countries called Arcadia and Felicidad. They each have 4 million labor hours available per week that they can use to produce com, Jeans, or a combination of both. The following table shows the amount of com or jeans that can be produced using 1 hour of labor. Initially, suppose Arcadia uses 1 million hours of labor per week to produce corn and 3 million hours per week to produce Jeans while Felicidad uses 3 million hours...
Variable Variable Define sex gender tv Hours of TV watched per week computer Hours spent on computer per week sleep Average number of hours sleep per night alcohol Average number of alcoholic drinks per week exercise Average number of hours exercise per week gpa Grade point average max 5 faculty faculty of study health Health Status rating No. Respondents sex tv computer sleep alcohol exercise gpa faculty health 1 1 13 10 5 12 2 2 1 2 2 1...