Still overwhelmed by exam stress? You've come to the right place!
We know exam season has you totally swamped. To support your studies, access Gold Membership for FREE until December 31, 2025! Normally £29.99/month. Just Log In to activate – no strings attached.
Let us help you ace your exams efficiently!
Questions
Single choice
A pizzeria produces 3,000 pizzas during its first week of operation using 10 drums of marinara sauce, 150 hours of labor, and 50 therms of energy. Pizzas sell for $15 each, and workers are paid $18 per hour. The marinara sauce costs $200 per drum, and the energy cost is $7 per therm. During its second week of operation, it produces 2,900 pizzas using only 140 hours of labor. All costs and prices are constant from the first to second week. What has been the change in their labor productivity?
Options
A.Productivity has increased by 5.3%.
B.Productivity has decreased by 5.3%.
C.Productivity has increased by 3.6%.
D.Productivity has decreased by 3.6%.
View Explanation
Standard Answer
Please login to view
Approach Analysis
The question asks for the change in labor productivity from Week 1 to Week 2, where labor productivity is defined as pizzas produced per hour of labor.
First, compute Week 1 productivity: 3,000 pizzas produced using 150 hours of labor. 3,000 / 150 = 20 pizzas per hour.
Next, compute We......Login to view full explanationLog in for full answers
We've collected over 50,000 authentic exam questions and detailed explanations from around the globe. Log in now and get instant access to the answers!
Similar Questions
Which of the following interpretation to information presented in the figure below- ‘Labour Productivity measured by average annual working hours and GDP per capita’ is the most accurate one?
How would you describe unit labor requirement? Select one – the most appropriate answer.
If average labour productivity decreases, real GDP per person:
If 12 Swiss farmers generate CHF 600,000 in real GDP, the output per worker would be
More Practical Tools for International Students
Making Your Study Simpler
To make preparation and study season easier for more international students, we've decided to open up Gold Membership for a limited-time free trial until December 31, 2025!