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Answered>Order 785

The normal time for a work cycle in a worker-machine system is 6.27 min. For setting the standard time, the PFD allowance factor is 12%, and the machine allowance factor is 25%. The work cycle includes manual elements totaling a normal time of 5.92 min, all but 0.65 min of which are performed as internal […]

 

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Answered>Order 786

The United States appears at times to have a totally schizophrenic attitude toward protectionism. The United States was the country that proposed the establishment of the World Trade Organization as early as the late 1940s, and was also the only industrialized country that refused to ratify this at that time. The United States has consistently […]

 

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Answered>Order 787

Suzanne is 65 years old and has worked for BCE for 25 years. She is a member of a Defined Benefit Pension Plan that will pay a retirement benefit of 2% of the average of her best 3 years of earnings multiplied by her years of service. Her salary in the year before retirement was $82,000, and […]

 

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Answered>Order 788

MC = 5Q. a. Assume that the firm charge a uniform price to all its customers. What profit should the firm charge? Is there a consumer surplus? Compute it. b. What is the lowest price that the firm will charge if it were to enact a first-degree price discrimination strategy? Determine the quantity produced at […]

 

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