Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. there are diminishing returns to taking inventory. if one worker uses one computer, he can inventory 150 items per hour. two workers sharing a computer can together inventory 200 items per hour. three workers sharing a computer can together inventory 250 items per hour. and four or more workers sharing a computer can together inventory fewer than 260 items per hour. computers cost $125 each and you must pay each worker $30 per hour. instructions: round your answers to 2 decimal places. a. if you assign one worker per computer, what is the cost of inventorying a single item? b. what if you assign two workers per computer? what is the cost of inventorying a single item? c. what if you assign three workers per computer? d. how many workers per computer should you assign if you wish to minimize the cost of inventorying a single item?

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d. select short-term savings instruments to lock in earnings at a current high rates.

Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.