A firm can use 180 workers and 45 machines, 150 workers and 60 machines, or 210 workers and 27 machines to produce 150 desks. If each worker costs $90 and each machine is rented for $1,800, the economically efficient input combination is:
a) 210 workers and 27 machines
b) none of the available answers is correct
c) 150 workers and 60 machines
d) 180 workers and 45 machines
Answers: 1
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
Business, 23.06.2019 01:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
A firm can use 180 workers and 45 machines, 150 workers and 60 machines, or 210 workers and 27 machi...
Mathematics, 10.03.2021 04:50
Mathematics, 10.03.2021 04:50
Mathematics, 10.03.2021 04:50
History, 10.03.2021 04:50
History, 10.03.2021 04:50
Physics, 10.03.2021 04:50
English, 10.03.2021 04:50
History, 10.03.2021 04:50
Mathematics, 10.03.2021 04:50
Mathematics, 10.03.2021 04:50
Mathematics, 10.03.2021 05:00
Physics, 10.03.2021 05:00
English, 10.03.2021 05:00
Mathematics, 10.03.2021 05:00