The My Phuong plant produces 500 pine jewelry boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 jewelry boxes per day. What has happened to productivity? O It has increased by 20%. O It has decreased by 8.3%. O It has not changed. OIt has increased by 37.5 boxes/hr. It has decreased by 9.1%.
The My Phuong plant produces 500 pine jewelry boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 jewelry boxes per day. What has happened to productivity? O It has increased by 20%. O It has decreased by 8.3%. O It has not changed. OIt has increased by 37.5 boxes/hr. It has decreased by 9.1%.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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