Mathematics, 23.06.2021 06:40 Buttercream16
A company has 700 employees who each work 150 hours a month. Each worker earns $34 per hour. There is a profitable project the company would like to start, but it
would require an additional 42,000 working hours within three months to be completed, and all the employees are fully loaded with other projects. The company does
not want to hire new staff; they would like the project to be completed by the current workforce Instead.
Assume that the company determines that in order to complete the project in three months, they must raise wages to $38.79 an hour. Given this increase in wages,
calculate the wage elasticity of labor supply using the midpoint method. If necessary, round all intermediate calculations and your final answer to two decimal places
Answers: 1
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The perimeter of a rectangular rug is 24 feet. the length of the rug is 1 2/5 i s width. what is the area of the rug
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A. the probability that a product is defective is 0.1. what is the probability that there will be 1 or less defective products out of the next 8 produced products b. the expected number of imperfections in the coating nylon for parachutes is 6 per 100 yards. what is the probability of finding 12 or fewer imperfections in 260 yards c. in a lot of 54 products there are 9 defective products. calculate the probability that not more than 1 is defective from a random sample of 17 products.
Answers: 1
A company has 700 employees who each work 150 hours a month. Each worker earns $34 per hour. There i...
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