In Johnson Corporation, the First Shift Produced 8 1/2 Times

question 51

Multiple Choice

In Johnson Corporation, the first shift produced 8 1/2 times as many lightbulbs as the second shift. If the total lightbulbs produced was 24,700, how many lightbulbs were produced on shift 2?

• A)2,600
• B)22,100
• C)6,200
• D)22,010
• E)None of these

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Definitions:

Political Incentives

Motives that drive politicians to make decisions or enact policies, often based on the pursuit of power, reelection, or adherence to ideological beliefs.

Market Outcomes

The results or final state of market processes, including price and quantity determined by supply and demand forces.

Price Floor

A minimum price set by the government or a regulatory body, below which a good or service cannot be sold in the market.

Compact Discs

Optical discs used to store digital data, primarily known for storing music recordings in a digitally encoded format.