The main determinants of the demand for loanable funds are –SELECT A LABELirrationalcapital costscyclical and investor confidence. The latter is a measure of firms’ views about –SELECT A LABELirrationalcapital costscyclical economic activity. Investors often alter their expectations for good reasons, but Keynes also considered –SELECT A LABELirrationalcapital costscyclical waves of pessimism and optimism, which he spoke of as resulting from "animal spirits," as determinants of confidence.

a. irrational
b. capital productivity
c. future
d. past
e. labor costs
f. cyclical

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production