Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A bottling company uses two inputs to assemble bottles of the soft drink Squish: bottling machines and workers. Running the bottling machine is an imperfect substitute for the labor performed by the workers. The production function is:
q = 100 K1/4 L½
The implicit rental rate plus hourly operating cost of the machine is r = $15 per hour; and the workers each earn w = $20 per hour.
The current level of input use for the production of q=1000 bottles is:
K=16 machine hours and L=25 labor hours.
Question: Is this firm producing at minimum cost? If it is minimizing costs, explain why. If it is not minimizing costs, explain how the firm should change its input use to lower its costs.
For full credit, you must discuss the two efficiency conditions for minimizing cost. That is:
Is the bundle technologically efficient? (yes/no/why or why not)
Is it economically efficient? (yes/no/why or why not)
QUESTION 1 (a) Discuss the role of each of the three closely related patterns of group communication (cohesiveness, conformity and deviance) in groupthink. (b) Briefly descr
International business and managerial implications As Havana tries to expand its business internationally, there are few aspects that need to be taken into consideration. Firs
1. Do you agree that countries are wrong in luring companies by offering incentives and tax benefits? Give reasons in support of your answer.
Question 1: (a) What do you understand by the term Entrepreneurship? Briefly describe three forms of entrepreneurship. (b) Describe four values that a company creates for it
Problem 1: Explain the various elements of BATNAs. Problem 2: Discuss any four cross-cultural issues involved in negotiation. Problem 3: Discuss how communicati
what is the interest earned for a deposit of $100,000 at 2% for 5 years
Do you have sample assignments for qualification D/506/1942
Question 1: a) Briefly describe the formal communication networks in an organisation. b) What are the functions of the informal flow of information in an organisation? Q
What is Breakeven Analysis? Breakeven Analysis: It implies that at several point in the operations, total revenue equivalents total cost. This analysis is concerned along
What is the Always Better Control Analysis of Inventory Control? ABC Analysis of Inventory Control: Always Better Control Analysis of Inventory Control analysis is the ex
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd