Thursday, November 15, 2012

Topic 14 - Productivity Experiment



After having this experience, I think I am more familiar with the concepts that were being introduced in “Short-Run” section. However, I think the experiment was slightly different from the examples we used in the book because we had Gary, who could be a bias examiner. I could tell that he was being very strict on checking each widget, but at the end, he stopped scrutinizing in order to have more outputs. Comparing the with the table in the book, we can see our data was kind of inaccurate, because the numbers of output were supposed to increase as the company had more workers. And at the end, the numbers of workers were exceeding the numbers of technologies, which weakened the inefficiencies of the work. In order to maximize the benefits, I think the company needed to improve its technologies, such as having plant1 or plant2; for instance, we should let Brandon, who was the first worker, manipulated more advanced technologies like plant 1 to plant 4; therefore, our data will be more completed. This experience is very interesting, and after the activity, we calculate the data we collected which make us understand more thoroughly on this chapter. 

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