Business, 24.04.2020 23:55 devin030505
Sam runs a surfing school on the North Shore of Oahu. He has two inputs: surfboards, which he rents from a local shop for $15 per day, and surfing instructors, whom he hires for $60 per day. Sam has figured out that the marginal physical product (MPP) of the last instructor hired is 12 lessons, and the MPP of the last board used is 9 lessons.
Which of the following statements is correct?
a. Any of these answers may be right, depending on the price of a lesson.
b. Larry could lower his costs without reducing his output if he employed more instructors and used fewer surfboards.
c. Larry could lower his costs without reducing his output if he employed fewer instructors and used more surfboards.
d. Larry currently employs a cost-minimizing combination of surfboards and instructors.
Answers: 3
Business, 22.06.2019 12:40, gldven7636
When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?
Answers: 3
Business, 22.06.2019 20:00, adriannacomrosenbark
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.
Answers: 2
Business, 22.06.2019 23:20, QueenNerdy889
You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Answers: 3
Business, 23.06.2019 00:30, jordanbyrd33
Which of the following emails should he save in this folder instead of deleting or moving it to another folder
Answers: 1
Sam runs a surfing school on the North Shore of Oahu. He has two inputs: surfboards, which he rents...
Health, 16.10.2020 19:01
Mathematics, 16.10.2020 19:01
Mathematics, 16.10.2020 19:01
Mathematics, 16.10.2020 19:01
Mathematics, 16.10.2020 19:01