The Inputs that a manager may adjust in order to alter production are:
variable factors
option(B)
Inputs a'manager may adjust in order to alter production are: Multiple Choice all factors. variable factors....
1. In the case of a short-run production function: all of the inputs are variable. at least one of the inputs is fixed. the amount of labor employed is held constant. all of the inputs are fixed. 2. In the long-run production function, all of the inputs to the production process are allowed to vary. True False 3. In which of the following situations would a firm be more likely to rely on a capital-intensive method of production? When labor...
Hel Contribution margin is: Multiple Choice Sales less cost of goods sold Sales less variable production, variable selling, and variable administrative expenses Sales less variable production expense. Sales less all variable and fixed expenses. < Prex 40,10 İİİ Next > MacBook Air 名0 0
Fixed costs exist only in the: Multiple Choice A. long run when some inputs are fixed. B. long run when all inputs are fixed. C. short run when some inputs are fixed. D. short run when all inputs are fixed.
Features of Job order production include all of the following except Multiple Choice Diversity of products produced. Mass production. Heterogeneity. Customization Separate manufacturing from other products
MULTIPLE CHOICE A country whose ratio of capital to other factors of production is greater than the rest of the world’s ratio of capital to other factors of production is: Relatively capital-intensive. Relatively capital-abundant. Running a trade deficit. Operating at a point inside its production possibilities curve. Please explain. Thank you!
In the long run: O A. some factors of production are variable, while at least one factor of production is fixed. OB. all factors of production are variable. O C. all factors of production are fixed. OD. None of the above are correct.
In the short run: options: 1) all inputs are fixed. 2) all inputs are variable. 3) some inputs are fixed and some inputs are variable. 4) the quantity of output is fixed.
e viowser. Import favorites The realtionship between two factors (inputs) used in production are: O production phases O production factors factor to factor relationships QUESTION 2 A factor to factor relationship shows a variable relationship with one output 02 04 06 0 1 QUESTION 3 . What determines Profit Max?
Demand-pull inflation is typically caused by Multiple Choice Ο increased cost of the factors of production. Ο firms charging higher prices to increase profits. Ο wages increasing quickly. Ο too much money in circulation.
QUESTION 1 A firm uses two inputs in production: capital and labor. In the short run, the firm cannot adjust the amount of capital it is using, but it can adjust the size of its workforce. -- If the cost of renting capital increases, which of the following curves will be affected? (Check all answers that apply). -- A) Average fixed cost B) Marginal cost C) Average total cost D) Average variable cost QUESTION 2 If the cost of hiring...