Problem
1. Current monthly output from a factory is 25 000. In a recession, this is expected to fall by 65%. Estimate the new level of output.
2. As a result of a modernization programme, a firm is able to reduce the size of its workforce by 24%. If it now employs 570 workers, how many people did it employ before restructuring?
3. Shares originally worth $10.50 fall in a stock market crash to $2.10. Find the percentage decrease.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.