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According to the text there appear to be very limited opportunities for input substitution in the production of fire protection services. Which of the following is the most plausible explanation for this observation?
1. The marginal productivity of additional firefighters is zero
2. It requires a fixed amount of labor to man each fire truck that is employed to produce fire protection
3. The marginal productivity of the capital used in firefighting is much more expensive than the labor inputs
4. Capital costs have made it too expensive to hire more firefighters
how can make a plan for appropriate capacity of a cinema by replacing amount of standard seats with luxury seats?
Problem:- 1 A system containing one CPU and a disk is serving database transactions. A transaction gets service from CPU and then from the main memory before leaving this system. I
Under what circumstances is a code of ethics most and least likely to be effective? Why?
Based on the London interview with Margaret Wheatley, "The New Science of Leadership," write 2 paragraphs describing Wheatley's theories and perspectives of leadership and organiza
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Develop a forecast for years 2 through 12 using exponential smoothing with ƒÑƒn= .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the n
Carpet city recorded the following data on carpet instalations over th past week. Use the data to calculate the average rate (in yards per hour) at which carpet can be installed
The local convenience store makes personal pan pizzas. Currently, their process makes complete pizzas, fully cooked, for the customer. This process has a fixed cost of $20,000, and
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