The First Unit Produced in a Process Takes 600 Hours

question 17

Multiple Choice

The first unit produced in a process takes 600 hours.As the number of units produced doubles,production time decreases by 32%.Using the arithmetic approach,calculate the production time for the 16th unit.

• A)132 hours
• B)148 hours
• C)128 hours
• D)156 hours

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Definitions:

Drive Theory

A psychological theory that attributes motivation to be the result of biological or physiological needs that drive behavior towards satisfying those needs.

Expectancy Theory

A motivation theory that explains how individuals choose behaviors, predicting that people will choose the behavior that entails the most desirable outcomes to them.

Self-Interest Theory

A theory suggesting that human actions are motivated by personal gain, positing that individuals are primarily driven by self-serving interests even in decisions that appear altruistic.

Consumer's Actual

The real or existing state of consumption behavior and patterns exhibited by an individual or group, as opposed to their potential or intended actions.