Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Question: You were recently hired to replace the manager of the Roller Division at a major conveyor manufacturing firm, despite the managers strong external sales record. Roller manufacturing is relatively simple, requiring only labor and a machine that cuts and crimps rollers. As you begin reviewing the company's production information, you learn that labor is paid $15 per hour and that the last worker hired produced 100 rollers per hour. The company rents roller cutters and crimping equipment for $16 per hour, and the marginal product of capital is 160 rollers per hour. What do you think the previous manager could have done to keep his job? Explain. Gibsue me asumot isottsmerits are baboon soon as throw) soon snow admus way area.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93137691

Have any Question? 


Related Questions in Microeconomics

Question consider the case of global environmental problems

Question: Consider the case of global environmental problems that spill across international borders as a prisoner's dilemma of the sort studied in Monopolistic Competition and Oligopoly. Say that there are two countries ...

Question discuss your impressions related to how

Question: Discuss your impressions related to how globalization has changed the community you grew up in, focusing on changes that are viewed positively by community members, and those that are viewed negatively. Explain ...

Question discuss the nature of the alliance between the

Question: Discuss the nature of the alliance between the Soviet Union and the Western powers (US and Britain) during the Second World War and how this affected the strategy of the war. Why were the Soviets and the Americ ...

Question learn about current trends in servant leadership

Question: Learn about current trends in servant leadership by conducting your own research and locating an article that illustrates how the principles of servant leadership are being employed in the workplace, as part of ...

Question say the new york stock exchange average fell by 2

Question: Say the New York Stock Exchange average fell by 2 percent yesterday, and commentators spoke of a rush to sell. Because there had to be a purchaser of every share sold, why didn't they talk about a rush to buy? ...

Use the cost-benefit framework along with the relevant

Use the cost-benefit framework along with the relevant concepts (e.g. benefits, costs, net-benefit, opportunity cost) to explain following questions 1. Why would someone who makes a high salary and who enjoys their job g ...

Question 1- marketing of unsought goods is ethical or not

Question: 1- Marketing of unsought goods is ethical or not? Give example of unsought goods? 2- Why international guarantee and warranty use in UAE? The response must be typed, single spaced, must be in times new roman fo ...

Quesiton in the spring of 2003 two professors from a couple

Quesiton: In the spring of 2003, two professors from a couple of New York universities were allowed examine the filings of those companies that had complied with the filing requirement. They wanted to know which and how ...

Question currently 1 us dollar is equal to 64 russian

Question: Currently 1 U.S. Dollar is equal to 64 Russian Rubles. The interest rate of the Russian Central Bank is 10%, and the interest rate of the US central bank (FED) is 0.25%. a. According to the interest parity cond ...

Question what is the role of a performance measurement

Question: What is the role of a performance measurement system? Describe one of your personal experiences with performance measurement in the workplace. The response must be typed, single spaced, must be in times new rom ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As