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Scenario: In 2010, Bozone had fifteen full-time (40 hours per week) employees and brewed 10 million ...
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Scenario: In 2010, Bozone had fifteen full-time (40 hours per week) employees and brewed 10 million ...
Scenario: In 2010, Bozone had fifteen full-time (40 hours per week) employees and brewed 10 million cans of beer in 300 business days. Bozone paid each employee $15 per hour. In 2015, production increased to 20 million cans, and five new employees were hired. In 2015, a new policy allowed employees to take the day off if it is a powder day at Bridger ski resort.
Refer to the scenario above. As a consequence of the new policy, productivity at Bozone ________ compared to 2010.
▸ increased
▸ increased if there were no powder days
▸ decreased
▸ decreased if workers went skiing at least 10 percent of the time they would have otherwise worked
Textbook
Macroeconomics
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3
rd
Authors:
Acemoglu, Laibson, List
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increased if there were no powder days
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