A number of dump trucks are used to haul asphalt from the plant to the road construction project. The estimated cycle time for the trucks is 55 minutes. The trucks carry 15 tons of asphalt per trip. Using a system efficiency of 50 minutes per hour and productivity factor of 1.1, determine the number of labor hours required to haul one ton of asphalt. Each truck requires one operator.

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.