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Information About Hinze Corporation Is as Follows -Refer to the Figure

question 102

Multiple Choice

Information about Hinze Corporation is as follows:
20×120×2 Output (urits)  40,00042,000 Selling price per unit $25$25 Input quantites:  Materials (kg)  2,0002,000 Labour (hours)  1,6001,625 Input prices:  Materials (per kg)  $5.00$5.50 Labour (per hour)  500$7.50\begin{array} { l r r } &20 \times 1&20 \times 2\\\text { Output (urits) } & 40,000 & 42,000 \\\text { Selling price per unit } & \$ 25 & \$ 25 \\\text { Input quantites: } & & \\\text { Materials (kg) } & 2,000 & 2,000 \\\text { Labour (hours) } & 1,600 & 1,625 \\\text { Input prices: } & & \\\text { Materials (per kg) } & \$ 5.00 & \$ 5.50 \\\text { Labour (per hour) } & 500 & \$ 7.50\end{array}
-Refer to the figure.By how much did profits change as a result of changes in productivity related to labour?


Definitions:

Visual Knowledge

Knowledge acquired and processed primarily through visual means, including the understanding of objects, symbols, and scenes.

Association Cortex

Neocortex outside primary sensory and motor cortices; functions to produce cognition.

Psychological Constructs

Theoretical concepts used to describe, explain, and assess human behavior and cognitive processes.

Association Cortex

Regions of the cerebral cortex that integrate information from various sensory modalities, involved in complex processes such as thought, perception, and planning.

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