-The Table Shows Information for Jen's Gymnastics

question 122

Multiple Choice

-The table shows information for Jen's Gymnastics.Jen's hires coaches and can charge $20 per hour for gymnastics.If the demand for Jen's Gymnastics coaching services increases and the price for coaching increases,Jen

• A) will hire more coaches because the value of marginal product has increased.
• B) will hire fewer coaches because the higher price will decrease the number of gymnasts trained.
• C) will hire fewer coaches in order to make a higher profit.
• D) will hire more coaches because there will be movement up along the demand for labor curve.
• E) may hire more or fewer coaches depending on how the higher price of lessons affects the business.

Understand the concept of competitive advantage and its significance.

Identify how technology impacts transformation processes in organizations.

Comprehend the role of technology in achieving organizational outputs.

Understand the purpose and impact of flexible manufacturing systems and design for disassembly.

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, often based on race, age, sex, or disability.

Extinction

Eliminating the conditioned response.

Ivan Pavlov

A Russian physiologist best known for his work in classical conditioning, particularly his experiments with dogs that led to the concept of the conditioned reflex.

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with an inherently meaningful stimulus and acquires the capacity to evoke a similar response.