Nancy kirkwood runs a small job shop where garments are made. the job shop employs 8 workers. each worker is paid $10 per hour. during the first week of march, each worker worked 45 hours. together, they produced a batch of 132 garments. of these garments, 52 were "seconds" (meaning that they were flawed). the seconds were sold for $90 each at a factory outlet store. the remaining 80 garments were sold to retail outlets at a price of $198 per garment. what was the labor productivity, in dollars per labor-hour, at this job shop during the first week of march?

Gemini inc.'s optimal cash transfer amount, using the baumol model, is $60,000. the firm's fixed cost per cash transfer of marketable securities to cash is $180, and the total cash needed for transactions annually is $960,000. on what opportunity cost of holding cash was this analysis based?

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer

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