Assume That Each Day a Firm Uses 13 Employee-Hours and an Office

question 65

Multiple Choice

Assume that each day a firm uses 13 employee-hours and an office to produce 100 units of output. The price of each unit output is $5, the hourly wage rate is $10, and rent on the office is $200 per day. Each day the firm earns a ______ of ______.

• A)profit; $370
• B)loss; $200
• C)profit; $170
• D)loss; $170

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Definitions:

Strength-Based Assessment

An approach to assessment focusing on an individual's strengths, capabilities, and resources rather than weaknesses or deficits.

Asset Map

A visual or descriptive inventory of the resources, strengths, and capacities available within a community or organization.

Needs Assessment

A systematic process for determining and addressing needs, or gaps between current conditions and desired conditions or wants.

Programming Decisions

Choices made during the development of software that affect how a program operates or responds to user inputs.