Training from pizza-opportunity cost of making

Assignment Help Business Economics
Reference no: EM131084699

Joseph can initially produce 10 pizzas or 5 cakes. After some training from a pizza-making expert, his opportunity cost of making

(a) cakes will remain unchanged (b) 1 cake will become less than 2 pizzas (c) 1 cake will become equal to 1 pizza (d) 1 cake will become more than 2 pizzas

Reference no: EM131084699

Questions Cloud

Most common form of colorblindness : The most common form of colorblindness is inherited on the X chromosome. If a colorblind man and a woman who is a carrier for colorblindness have a child, what is the probability that the child is a colorblind male?
Why the marginal cost curve is upward sloping : Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are showing.
Describe key feature of particular multinational corporation : Describe the key features of a particular multinational corporation. Explain a particular multinational corporation's effect on the political arena in the countries in which it is located.
Draw a supply and demand diagram for the corn market : Draw a supply and demand diagram for the Corn market showing this equilibrium. Draw a diagram for a typical firm in its initial long run equilibrium, showing its Marginal Cost, Average Total Cost, and Long Run Average Cost curves. Are any profits bei..
Training from pizza-opportunity cost of making : Joseph can initially produce 10 pizzas or 5 cakes. After some training from a pizza-making expert, his opportunity cost of making. (a) cakes will remain unchanged (b) 1 cake will become less than 2 pizzas (c) 1 cake will become equal to 1 pizza (d) 1..
A company receives shipments from two factories : A company receives shipments from two factories. Depending on the size of the order, a shipment can be in 1 box for a small order,
Alternating chain of sugar and phosphate : What do you call the alternating chain of sugar and phosphate to which the DNA and RNA nitrogenous bases are attached?
Workers compensation premiums to skyrocket : Upon graduation, John Jones takes a position as risk manager to ABC Manufacturing which manufactures widgets that are utilized in farm equipment. Unfortunately, ABC Manufacturing has had a long history of significant injuries to its production employ..
The following probability model describes the experiment : An ice cream company orders supplies by fax. Depending on the size of the order, a fax can be either 1 page for a short order,

Reviews

Write a Review

Business Economics Questions & Answers

  What is a commercial bank

What is a commercial bank and how do they act and what is a security? Name 2 or 3 different type of securities?

  What is the size of labor force-what is unemployment rate

Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force..

  Find the new equilibrium price and quantity after demand

The equation for the original demand curve is Q=50-6.25P. Find the new demand equation when demand increases by 20% (Round to one decimal place). Q=___ - ___P. Find the new equilibrium price and quantity after demand increases 20%. P= ___ Q=___

  Q what is the value of a piece of land consider the

q. what is the value of a piece of land? consider the following scenarios.1 suppose that you own a farm run by tenants.

  What is the net present value of the whole establishment

GM is opening a dealership in the Germany, they want to make sure they can make a rate of 20% rate of return that is promised by an alternative investment. The initial $600K investment in mechanic shop materials has an economic life of 4 years, and w..

  Gross receipts of strawberry growers

Illustrate would the gross receipts of strawberry growers be if the crop turned out to be 30,000 cases.

  What is the underlying reasons that the relation holds

Show that the following relation holds true sqrt((m - 1)/m) = (QE/Q*) = sqrt((m + 1)/m). What is the underlying reasons that this relation holds? Provide an interpretation of that relation.

  Why is the continuing income inequality

Why is the continuing income inequality in the US a problem for the economy? Does it matter that so many people own such a low percentage of total wealth in this country?

  Find the us international trade policies

Does NAFTA affect the automobile industry's decisions on what to do with labor and capital costs? If so, how? In your opinion, was this trade agreement good for the United States and Mexico from an economic standpoint?

  Suppose uniform pricing monopolists price equation

Suppose a uniform pricing monopolist's price equation is P(Q) = 120 - Q; the uniform pricing monopolist's marginal revenue is MR(Q) = 120 -2Q; the uniform pricing monopolist's total cost is C(Q) = Q^2 + 40Q + 150; and the uniform pricing monopolist's..

  Illustrating long-run aggregate supply curve

Draw a correctly labeled graph illustrating a long-run aggregate supply curve. Illustrate an increase in long-run aggregate supply.What could have caused the change you illustrated in part A?

  Increase in the costs of resources or inputs of production

An appreciation of the U.S. dollar would shift the ________. An increase in the costs of resources or inputs of production would shift the ________.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd