Snacknow, a food service firm, is calculating its monthly productivity report. from the following raw data calculate the labor productivity.

labor rate $10
units produced 10,000
labor hours 1,000
cost of materials $2000
cost of energy $500

(a) 0.220
(b) 1.000
(c) 0.800
(d) 0.476

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should