Multiple Choice
The production and operations manager at a large shoe factory in Fall River, Massachusetts, notices that the total number of hours worked by production employees has increased 12 percent, while the number of pairs of shoes ready for shipping has dropped 6 percent this year over last year.This indicates that
A) the inflation rate is unchanged.
B) demand for shoes is decreasing.
C) the manager's calculations cannot be correct.
D) productivity has decreased.
E) the gross national product has increased by 6 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Ways in which consumers affect American business
Q101: After getting her bachelor's degree in business,
Q194: The study of an individual's economic decisions
Q216: Explain how the basic economic questions are
Q217: General Mills and a few other firms
Q218: Target stores, which resell manufactured goods to
Q221: For the U.S.government to provide services, it
Q222: In Adam Smith's view, which of the
Q223: Generally, there are three types of businesses-manufacturing
Q225: For firms like Target and Wal-Mart, competition<br>A)