Is publishing house making the optimal input choice

Assignment Help Business Economics

Reference no: EM1364584

The Largo Publishing House uses 400 printers and 2 printing presses to produce books. A printer's wage rate is $20, and the price of the printing press is $5,000. The last printer added 20 books to total output, while the last press added 1,000 books to total output. Is the publishing house making the optimal input choice?

Reference no: EM1364584

Questions Cloud

Is equilibrium quantity higher or lower or is the change : Is the equilibrium price higher or lower, or is the change indeterminate. Is the equilibrium quantity higher or lower, or is the change indeterminate.

Compute the cost of sorting the relation in seconds : Suppose a flash storage device is used instead of disk, and it has a seek time of 1 microsecond and a transfer rate of 40 MB per second. Recompute the cost of sorting the relation in seconds with.

Find the mass of the worker : A worker stands still on a roof sloped at an angle of 23° above the horizontal. He is prevented from slipping by a static frictional force of 540 N. Find out the mass of the worker.

Breakeven-absorption costing : What is the break-even point expressed in dollar sales? How many units must be sold to earn a net operating income of $100,000 per year? Prepare a formal income statement for the year ended December 31, 2011 under the following:

Is publishing house making the optimal input choice : The last printer added 20 books to total output, while the last press added 1,000 books to total output. Is the publishing house making the optimal input choice.

Principal axial muscles of the body : Name the principal axial muscles of the body and describe their origins, insertions, actions, and innervations.

Evaluating mission statement - nissan : Evaluate NIssan's mission statement. Indicate whether the mission statement includes the respective components and why?

Explain how does this alter its budget : An alternative way for the government to encourage home ownership would be to offer a tax credit instead of a tax deduction. Explain how does this alter its budget if k=0.25.

Motor learning and motor control : What is the difference between motor learning and motor control? Pick a sport that you are familiar with and discuss how practice techniques would influence your planning if you were a coach.

User Account

All Pages