Period forecast
1. 200
2. 200
3. 300
4. 400
5. 500
6. 200
regular time: $20 per unit (280 units per period maximum)
overtime: $30 per unit (40 units per period maximum)
subcontracting: not available
beginning inventory: none
carrying cost: $10 per unit per period
backorder cost: $50 per unit per period
how should overtime capacity be utilized? (in what period, and how many units)
a. 40 units in periods 1, 2, and 3
b. 40 units in periods 2, 3, and 4
c. 20 units in periods 1 through 6
d. 40 units in periods 3, 4, and 5
e. 20 units in period 3, 20 units in period 4, and 40 units in period 5,

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.