In 1932, the average wage rate was $0.55 an hour and in 2002 the average wage rate was $14.95 an hour. The CPI in 1932 was 13.7 and in 2002 it was 183.3. >>> Answer below to 2 decimal places. The 2002 nominal wage rate that is equivalent to $0.55 an hour in 1932 is $ nothing an hour. The real wage rate in 1932 is $ nothing. The real wage rate in 2002 is $ nothing. Which gives the higher real wage rate: $0.55 an hour in 1932 or $14.95 an hour in 2002? ▼ $14.95 in 2002 $0.55 in 1932

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

i might look it up later.

answermarginal cost;