Business, 26.08.2021 19:50 taylor511176
If the prices of labor and capital are $9 and $15, respectively, the profit-maximizing firm will hire:
a. 5 units of labor and 3 of capital.
b. 5 units of labor and 2 of capital.
c. 4 units of labor and 4 of capital.
d. 3 units of labor and 4 of capital.
Answers: 1
Business, 22.06.2019 03:00, oliviaberta91
What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
Answers: 3
Business, 22.06.2019 19:10, keenansimpkinsoy0oqc
Imagine us is a startup that offers high definition 3d prenatal ultrasounds for high-end customers. the service process includes four activities that are conducted in the sequence described below. (the time required for each activity is shown in parentheses): activity 1: welcome a patient and explain the procedure. (20 minutes)activity 2: prep the patient (e. g., show them to the room, apply ultrasound gel). (17 minutes) (*your id number represents the amount of time needed to complete this task)activity 3: take images. (5 minutes)activity 4: discuss diagnostic with patient. (20 minutes)at each location there are employees (servers) s1, s2, and s3. the assignment of tasks to servers is the following: s1 does activities 1 and 2.s2 does activity 3.s3 does activity 4.a. what is the capacity of this process (in customers per hour)? b. suppose 3 patients arrive every hour on average. ignoring any “start of day” or “end of day” effects, what are the utilizations of all three servers (%)? c. suppose each activity can be done by any server and any server can do any set of activities. however, each activity is done by only one server. for example, a possible assignment includes: s1 does activity 1, s2 does activity 2, and s3 does activities 3 and 4. of course, the original assignment of servers to activities is also feasible. what is the maximum capacity of the process (in customers per hour)? d. now consider the capacity measures in (c) and (a), what is the percentage change? why can you improve capacity without using additional resources? (there is no free lunch, right? )note: for all hw assignments, show your process of getting the results. only providing the final answers is not acceptable and will get 0%. if necessary, use a separate sheet of paper to show your work.
Answers: 3
Business, 22.06.2019 20:50, fernandoramirez086
Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?
Answers: 1
If the prices of labor and capital are $9 and $15, respectively, the profit-maximizing firm will hir...
Mathematics, 29.01.2021 01:00
Mathematics, 29.01.2021 01:00
Mathematics, 29.01.2021 01:00
Chemistry, 29.01.2021 01:00
Biology, 29.01.2021 01:00
Chemistry, 29.01.2021 01:00
Mathematics, 29.01.2021 01:00
History, 29.01.2021 01:00