question archive Billiken Sweatshop, Inc
Billiken Sweatshop, Inc
Subject:EconomicsPrice: Bought3
Billiken Sweatshop, Inc. produces Saint Louis University t-shirts using robotic t-shirt making machines and workers. Both workers and the robotic machines can independently produce t-shirts. The plant runs 24 hours a day, 7 days a week. Based on Professor Ray’s economics class the owner Beyonce just completed, she has calculated that the lastrobotic t-shirt making machine she leased produced 30 t-shirts per hour and the last worker she hired produced 20 t-shirts per hour per worker. She leases the fabric cutting machines for $60/hour and pays her workers $20/hour.
Does Beyonce have the correct mix of fabric cutting machines and workers? Why or why not? If not, should she lease more robotic t-shirt making machines and less workers or hire more workers and reduce her number of robotic t-shirt making machines? (3 points)
