To Answer,refer to the Following: "At Huffy's

question 36

Multiple Choice

To answer,refer to the following: "At Huffy's ...bicycle factory,1,700 employees turn out 15,000 bicycles a day.Five years ago,it required 2,200 workers to make 10,000 bikes daily."
Today,at the Huffy bicycle factory,

• A)the total product is 15,000 bicycles per day.
• B)the marginal product of labor is 10 additional bicycles per additional employee.
• C)the average product of labor is 8.8 bicycles per employees.
• D)both a and b
• E)both a and c

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Definitions:

Distribution Channels

The pathways through which goods and services flow from the producer to the consumer or end-user.

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for a specific period, detailing strategies for reaching target audiences.

Geographic Location

The specific physical position of a place or entity on the Earth's surface, often considered in strategic planning or analysis.

Manufacturing And Operations

The processes involved in transforming raw materials into finished products and managing the system to ensure efficiency and productivity.