Table 111
Gable Express Co Each Worker Is Required to Work Five Days Per Week

question 11

Multiple Choice

Table 11.1
Gable Express Co. provides delivery service seven days a week.
The daily requirements (in workers) are estimated as follows:
$$\begin{array} { | c | c | c | c | c | c | c | c | } \hline \text { Day } & \mathrm { M } & \mathrm { T } & \mathrm { W } & \mathrm { TH } & \mathrm { F } & \mathrm { S } & \mathrm { SU } \\\hline \text { Requirement } & 8 & 4 & 5 & 3 & 7 & 3 & 3 \\\hline\end{array}$$
Each worker is required to work five days per week,
and each must have two consecutive days off.
-Use the information in Table 11.1.What is the minimum number of workers required if preference is given to the pair S-Su in case of a tie in the selection of off days?

• A) less than 8 workers
• B) 8 workers
• C) 9 workers
• D) greater than 9 workers

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Definitions:

Quota Rent

The economic rent a producer earns from the difference between the market price of a good and its supply price due to a quota limit.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Quota Price

The cost associated with acquiring a quota, which is a government-imposed limit on the quantity of a good that can be imported or exported.

Quota Rent

Revenue earned by the holder of a production or import quota, representing the market price minus the supply price under the quota limit.