One of the Many Steps in the Production of Toothpaste

question 27

Multiple Choice

One of the many steps in the production of toothpaste is to screw the caps on the tubes, which is still a manual process, performed by one man, Mr. Bucket. Which statement about this situation is best?

• A) This is most appropriate for an output measure of capacity.
• B) This is most appropriate for an input measure of capacity.
• C) Utilization of the worker at this process step cannot be measured as it is a manual process.
• D) In this case, the capacity of this step is not the maximum rate of output.

Recognize the requirements for the enforceability of sale of goods contracts.

Understand the concept of demand and supply, including the law of demand.

Distinguish between normal, inferior, complementary, and substitute goods.

Analyze the effects of government policies on market prices and quantities.

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Definitions:

Business-Extension Exception

A legal doctrine that allows an employer to be held liable for acts committed by employees while performing tasks related to their employment, even outside regular business locations.

Electronic Communications Privacy Act

A United States federal law enacted in 1986 to extend government restrictions on wire taps from telephone calls to include transmissions of electronic data by computer.

Stored Communications Act

A United States federal law that addresses voluntary and compelled disclosure of "stored wire and electronic communications and transactional records" by service providers.

Password-Protected

Describes a file, piece of information, or device that cannot be accessed without entering the correct password.