The open shop movement criticized closed shop arrangements because they took away employee rights to freely determine where they wanted to work, and on what terms.   False   True

The Alchian and Demsetz theory of why business firms exist suggests that there are only advantages to team production. disadvantages of team production may outweigh the disadvantages of individual production. individual production is more efficient than team production. the sum of team production is sometimes greater than the sum of individual production.

Dolls are fabricated in a process with two resources. The first resource has a capacity of 1.5 dolls per hour. The capacity of the second resource is 0.99 dolls per hour. The first resource has 7 workers and the second resource has 9 workers. Demand for this process is 1.1 dolls per hour. Wages are $24 per hour. Instruction: Round your answer to two decimal places. What is the cost of direct labor (in $)? per unit

Certain industries of the U.S. economy, such as farming and heavy equipment manufacturing, have experienced a significant decline in employment. Which statement best explains this job loss? Multiple Choice Workers lost these jobs because technological advances increased productivity. Government regulations have eliminated profit opportunities in these industries. The U.S. economy cannot compete in these industries any longer. The cause is a decline in the productivity of labor in these industries.

Maria is an industrial engineer at a Nissan plant. Using the interdependence principle, explain why and how she should change production plans if one of her engine suppliers cuts the price they charge Nissan by 50%. What about if workers unionize and demand a 12% across-the-board pay raise?

Boeing created, and recently expanded, an airplane manufacturing center in Charleston, South Carolina. One of the factors that likely influenced this location decision is that South Carolina is a "right to work" state. This represents a) a place factor related to labor. b) a transportation factor related to the market. c) higher wages for Boeing workers in South Carolina relative to Washington. d) a place factor related to the political environment.

If there are diminishing returns to labor, then as more workers are hired the total amount produced by all of the workers will decrease. True False

Production for which P = CPT enables the competitive producer to maximize profits or minimize losses. True or false

According to the idea of comparable worth, a firm employing secretaries and steelworkers should ideally pay equal wages to both the groups of workers irrespective of the type of job each group does. True or False?

Orientation is the human resources function that: pick one   Question 2 options:   Occurs after the employee is on the job for several months   Includes tours, introductions, and socialization   Is okay to omit   Provides on-the-job training   Develops equal pay information