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Suppose you have used the following Production Function to estimate the Industry's average and marginal products for its inputs:
Q = 150 L1/4K1/3 M1/5.
Where Q stands for output; L is labor; K is capital (machine hors) and M is management;
Say, you currently have 120 full-time employees, and 20 Managers and use 200 units of machine hours per day.
a) What are the average product of your labor and managers at current level of inputs?
b) What are the marginal products of labor and managers?
c) Does this industry currently experience decreasing returns to scale or increasing returns to scale? Why?
d) If the firm decides to open another factory in Mexico anticipating a huge increase in the demand for its products which of the factors (all or any) would be most hired and why?
The YTM of the bond is 11%. What is the value of the treasury note?
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Explain the concepts of business strategy. Define how firms can profit with global expansion
a. Calculate the inflation rates in Mexico and the US. b. Calculate the nominal interest rate in each country. c. Calculate the expected rate of depreciation of the Mexican peso relative to the US dollar.
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Answers the question given below related to the topic "Analysis of Turnover" Data are seldom available regarding when or where employee turnover is occurring in most organizations.
White County, a neighbor, is considering buying a similar blower with a capacity of 15,000 cubic feet in 2007. Estimate the cost for the blower. The power-sizing exponent for a centrifugal blower is 0.59.
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Evaluate the vision statement of SodaStream in terms of the characteristics associated with an effectively worded vision statement. Use examples to motivate your answer.
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Explain how each style would affect the way he or she would communicate, negotiate, and apply this to interpersonal situations.
Discuss the impacts of cutting social security benefits on U.S. National Debt and social security beneficiaries. Who is helped, who is hurt?
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