The General Accounting Office conducted random testing of retail gasoline pumps in Michigan, Missouri, Oregon, and Tennessee. The study concluded that 49 percent of gasoline pumps nationwide are mislabeled by more than one-half of an octane point. What kind of sampling technique was most likely to have been used in this study? a. Cluster sampling b. Judgment sampling c. Convenience sampling

The simple interest in a loan of $200 at 10 percent interest per year is

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)