Ask Question
BusinessBusiness
21 October, 08:43

Seamstresses at Rear Gear, a large maker of backpacks, have become more productive due to the firm's recent purchase of new sewing machines. Because Rear Gear is a profit-maximizing firm, it will:

+2
Answers (1)
  1. 21 October, 08:50
    0
    Hire more labor and increase the output.

    Explanation:

    Because Rear Gear is a profit-maximizing firm, it will hire more labor and increase the output.

    This is because, when the firm has purchased a new sewing machine, they need to produce more in order to capture the fixed cost of production (i. e. cost of sewing machine). In order to do so, they need to hire more workers or labour to increase the total output.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Seamstresses at Rear Gear, a large maker of backpacks, have become more productive due to the firm's recent purchase of new sewing ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Where to find fresh sugar cane juice around Orlando/Lake Mary, FL?
Answers (1)
One of the advantages of l2tp is that it provides a mechanism for encrypting the data being tunneled
Answers (1)
A south sea island produces only coconuts. in 2012, the price of a coconut is $1 and the quantity produced is 200. in 2013, the price of a coconut is $1.50 and the quantity produced is 250. 2012 is the base year. real gdp in 2013 is
Answers (1)
Open-market operations are: A) Commerce Department efforts to open foreign markets to international trade. B) Federal Reserve purchases and sales of government bonds.
Answers (1)
Received cash of $43,000 from the issue of common stock. Performed $62,000 of services on account. Incurred $9,300 of other operating expenses on account. Paid $35,000 cash for salaries expense. Collected $41,500 of accounts receivable.
Answers (1)
New Questions in Business
U. S. based Majestic Co. sells products to U. S. consumers and purchases all of materials from U. S. suppliers. Its main competitor is located in Belgium. Majestic Co. is subject to: Options: O economic exposure. O transaction exposure.
Answers (2)
A comprehensive evaluation of the group of businesses a company has diversified into involves: a. evaluating the attractiveness of industries the company has diversified into and the competitive strength of each of its business units. b.
Answers (1)
Interior Design Group is an all equity firm that has 40,000 shares of stock outstanding. The company has decided to borrow $1 million to buy out the shares of a deceased stockholder who holds 2,500 shares.
Answers (1)
How do international organizations establish and maintain a stable/cooperative world structure?
Answers (2)
Burberry makes fine raincoats, clothing, and other items, many featuring the company's distinctive plaids.
Answers (1)
Home » Business » Seamstresses at Rear Gear, a large maker of backpacks, have become more productive due to the firm's recent purchase of new sewing machines. Because Rear Gear is a profit-maximizing firm, it will:
Sign Up Forgot Password?