A Company Produces 750 Bicycles Every Day

question 2

Multiple Choice

A company produces 750 bicycles every day.Each bicycle is worth $250.The inputs used to make those bicycles are labor,materials,and machine costs.The company pays their employees a total of $7500 per day,the materials to make those bicycles cost $75 per bike,and the cost to operate the machines is $2500 per day.Based only on the data provided,what is this company's total productivity for one day?

• A)​1.875
• B)2.830​
• C)0.353​
• D)3.333​

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Definitions:

Shipment Contract

A contract in which the seller is obligated to send the goods to the buyer but is not responsible for loss or damage to the goods once they have been shipped.

Destination Contract

A legal agreement specifying that the seller of goods will bear the risk and expense until the goods are delivered to a specific location.

Seller Obligations

Refers to the responsibilities and duties a seller must fulfill as part of a sales contract, including delivering the goods or services as agreed.

Post-structuralist Theory

An intellectual movement that extends and criticizes structuralism, emphasizing the instability of meaning and the unreliability of binary oppositions in understanding human culture and language.