RK
Rajiv Kumar
Answers (6)
RK
Answered
A perfectly elastic demand curve implies that the firm:
A) must lower price to sell more output.
B) can sell as much output as it chooses at the existing price.
C) realizes an increase in total revenue that is less than product price when it sells an extra unit.
D) is selling a differentiated (heterogeneous) product.
A) must lower price to sell more output.
B) can sell as much output as it chooses at the existing price.
C) realizes an increase in total revenue that is less than product price when it sells an extra unit.
D) is selling a differentiated (heterogeneous) product.
On Jul 13, 2024
B
RK
Answered
Which of the following workers has only a limited right to refuse to do unsafe work?
A) a firefighter
B) a human resource management generalist
C) a factory worker at an assembly plant
D) a customer service representative at a bank
A) a firefighter
B) a human resource management generalist
C) a factory worker at an assembly plant
D) a customer service representative at a bank
On Jul 12, 2024
A
RK
Answered
______________ is classified as a content theory.
A) ERG theory
B) Expectancy theory
C) Goal-setting theory
D) Equity theory
E) Probability theory
A) ERG theory
B) Expectancy theory
C) Goal-setting theory
D) Equity theory
E) Probability theory
On Jun 13, 2024
A
RK
Answered
McDaniel Shipyards wants to develop control charts to assess the quality of its steel plate. They take ten sheets of 1" steel plate and compute the number of cosmetic flaws on each roll. Each sheet is 20' by 100'. Based on the following data, develop limits for the control chart, plot the control chart, and determine whether the process is in control.
Sheet Number of flaws 112132405165708290102\begin{array} { | c | c | } \hline \text { Sheet } & \begin{array} { c } \text { Number of } \\\text { flaws }\end{array} \\\hline 1 & 1 \\\hline 2 & 1 \\\hline 3 & 2 \\\hline 4 & 0 \\\hline 5 & 1 \\\hline 6 & 5 \\\hline 7 & 0 \\\hline 8 & 2 \\\hline 9 & 0 \\\hline 10 & 2 \\\hline\end{array} Sheet 12345678910 Number of flaws 1120150202
Sheet Number of flaws 112132405165708290102\begin{array} { | c | c | } \hline \text { Sheet } & \begin{array} { c } \text { Number of } \\\text { flaws }\end{array} \\\hline 1 & 1 \\\hline 2 & 1 \\\hline 3 & 2 \\\hline 4 & 0 \\\hline 5 & 1 \\\hline 6 & 5 \\\hline 7 & 0 \\\hline 8 & 2 \\\hline 9 & 0 \\\hline 10 & 2 \\\hline\end{array} Sheet 12345678910 Number of flaws 1120150202
On Jun 12, 2024
Total units sampled 10 Total defects 14 Defect rate, c-bar 1.4 Standard deviation 1.183216 z value 3 Upper Control Limit 4.949648 Center Line 1.4 Lower Control Limit 0\begin{array} { | l | r | } \hline \text { Total units sampled } & 10 \\\hline \text { Total defects } & 14 \\\hline \text { Defect rate, c-bar } & 1.4 \\\hline \text { Standard deviation } & 1.183216 \\\hline \text { z value } & 3 \\\hline & \\\hline \text { Upper Control Limit } & 4.949648 \\\hline \text { Center Line } & 1.4 \\\hline \text { Lower Control Limit } & 0 \\\hline\end{array} Total units sampled Total defects Defect rate, c-bar Standard deviation z value Upper Control Limit Center Line Lower Control Limit 10141.41.18321634.9496481.40 
Sample six is above the control limits; therefore, the process is out of control.
Sample six is above the control limits; therefore, the process is out of control. RK
Answered
Refer to Table 13-15. What is the marginal product of the sixth worker?
On May 14, 2024
Total output of four workers = 350 + 50 = 400 units. Total output of five workers = 400 + 25 = 425 units. 430 - 425 = 5 units.
RK
Answered
Which of the following is the infliction of deserved suffering on violators of society's most fundamental rules?
A) Rehabilitation
B) Deterrence
C) Probation
D) Retribution
A) Rehabilitation
B) Deterrence
C) Probation
D) Retribution
On May 13, 2024
D