Nathan Owns a Bakery That Bakes Only Cakes

question 416

Multiple Choice

Nathan owns a bakery that bakes only cakes. All of his bakers work 8 hours per day. In 2009, he employed 5 bakers who produced a total of 200 cakes each day. In 2010, he employed 6 bakers who produced a total of 249 cakes each day. The bakery's productivity

• A)decreased by 2.33%.
• B)increased by 2.33%.
• C)increased by 3.75%.
• D)increased by 24.50%.

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Definitions:

American Banks

Financial institutions located within the United States, operating under U.S. banking laws and regulations.

American Overseas Investments

Financial investments made by individuals or entities based in the United States in business interests or assets in other countries.

Adverse Balance

A situation where a country's imports exceed its exports, leading to a negative balance of trade.

Foreign Trade

The exchange of goods, services, and capital between countries, crossing national borders.