What are the inputs of capital-labor and materials

Reference no: EM13243813

Suppose you are running the food concession at the athletic events for your college. You sell hot dogs, colas, and potato chips. What are your inputs of capital, labor, and materials? If the demand for hot dogs declines, what steps could you take to reduce output in the short run? In the long run?

Reference no: EM13243813

Questions Cloud

Determine what will be the service costs : You are the city engineer and are negotioating with a land developer. The developer wants water service to a new development and you report that service can be completed this year by city crews at a cost of $200,000

Construct the pert network for problem : Construct the PERT network for problem and create an Activity Schedule [i.e., table showing ES, EF, LS, LF, slack] for the four options.

What key aspects of the circular flow model need : Use the circular flow model to provide a picture of how households, firms, and governments interact in the US economy and how the US and other economies interact in the global economy

How to calculate the ph of the solution : Consider a solution formed by mixing 60.0 mL of 0.100 M H2SO4, 30.0 mL 0.100M HOCl, 25.0 mL 0.180M NaOH and 25.0 mL 0.100 M Ba(OH)2. Calculate the pH of this solution

What are the inputs of capital-labor and materials : Suppose you are running the food concession at the athletic events for your college. You sell hot dogs, colas, and potato chips. What are your inputs of capital, labor, and materials If the demand for hot dogs declines,

The bureau of economic analysis is responsible : The market where business sell goods and services to households and the government is called

Find the resultant force exerted on q3 : Consider three point charges located at the corners (points 1, 2, and 3) of a right triangle with sides "a", where q1 is located at corner 1, q2 at corner 2, and q3 at corner 3, Find the resultant force exerted on q3

Explain titration to determine the molar mass : Describe how you can use titration to determine the molar mass of an unknown acid, by giving a specific example and showing a sample calculation.

Make sure to relate an example for each of the market : Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run

User Account

All Pages