Joe owns a small coffee​ shop, and his production function​ is: q​ = 3KL where q is total output in cups per​ hour, K is the number of coffee machines​ (capital), and L is the number of employees hired per hour​ (labor). If​ Joe's capital is currently fixed at K​ = 3​ machines, what is his​ short-run production​ function? A. q​ = 3L2 B. q​ = 3K2 C. q​ = 3L D. q​ = 9L

Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst