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vfiekz [6]
1 year ago
9

Sonny's Surfer Shop produces and sells custom surf boards. Assume that labor is the only input that varies for the firm. The fir

m's owner has determined that if she hires 10 workers, the firm can produce 10 surf boards per day. If she hires 11 workers, the firm can produce 12 surfboards per day. The firm sells each surfboard for $2,000 . and it pays each of its workers $200 per day. Which of the following is correct?a. For the 11th worker, the value of the marginal product of labor is $400.b. For the 11th worker, the value of the marginal product of labor is $4,000.c. The firm should not hire the 11th worker since hiring this worker reduces profit.d. In order to justify hiring the 11th worker the firm will need to raise the price of a surfboard.
Business
1 answer:
faltersainse [42]1 year ago
5 0

Answer:

B) For the 11th worker, the value of the marginal product of labor is $4,000.

Explanation:

The marginal product of labor (MPL) of a company is the total change in output achieved by hiring an additional worker. To calculate the MPL we have to multiply the change in output (measured in units) times the revenue generated by every extra unit of output.

In this case, the MPL = 2 surfboards x $2,000 per surfboard = $4,000

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You are the new manager in an Indian office. You ask one of your supervisors to move a desk and place it in another corner of th
Vesna [10]

The question is incomplete:

You are the new manager in an Indian office. You ask one of your supervisors to move a desk and place it in another corner of the office. The next day you notice it has not yet been done. Why?

-The supervisor was offended you asked him/her and refused to do anything about it

-The supervisor could not find a labourer to move it and would not do so him/herself

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-The supervisor could not find a labourer to move it and would not do so him/herself

Explanation:

India is a society with a high power distance. This means that there is hierarchy, inequality and employees expect directions. Also, decisions tend to be centralized and people in high positions expect privileges and a certain status. Because of that, in this situation the reason for not moving the desk from the options given is that the supervisor could not find a labourer to move it and would not do so him/herself as he/she considers that it is not part of the job as he/she has a higher position that doesn't involve to do that.

The other options are not right as the supervisor would not be offended a this is a culture in which people expect to receive orders and it is not related to things getting done slowly there.

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Answer:

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