What are the two primary factors that influence a firm

Assignment Help Macroeconomics
Reference no: EM13335614

What are the two primary factors that influence a firm manager's choice between a labor intensive and a capital intensive method of production? Explain how a manager should make his or her choice in selecting the amounts of labor and capital to use in ploanning production.

Reference no: EM13335614

Questions Cloud

Determine the mass of the bat : A little league player balances a bat 57.0 cm from one end. She then hangs her 0.540-kg batting helmet on that end of the bat, Determine the mass of the bat
Suppose that market forces of supply and demand interact in : Suppose that market forces of supply and demand interact in a market to determine an equilibrium price. Explain or describe how the determination of this price might serve to allocate or distribute this product to buyers in the market.
How does this rationing method influence student behavior : What method is used to ration goods in a market economy? How does this rationing method influence the incentive of individuals to supply goods, services, and resources to others? How are grades rationed in your economics class?
Assume an individual is currently using all of his income : Assume an individual is currently using all of his income to consume two goods, X and Y. If the prices of X and Y are $3 and $8, respectively, and the marginal rate of substituion of X for Y is four, is this individual maximizing his net benefits fro..
What are the two primary factors that influence a firm : What are the two primary factors that influence a firm manager's choice between a labor intensive and a capital intensive method of production? Explain how a manager should make his or her choice in selecting the amounts of labor and capital to use i..
Determine what will net income be under the alternative : The firm has $3,000,000 in current assets of which 20% are permanent and $10,000,000 in fixed assets. Long term rates are currently 8% while short term rates are at 6%. Red's tax rate is 30%
How would this technological change affect the price elastic : Assume that, over time, engineers develop new residential furnaces that can run on different tpes of fuels, e.g., natural gas, electricity, propane, and fuel oil, simply by flipping a switch on the furnace.
Determine how much does tranche 2nd collect in principal : Assume there are a bunch of mortgages that are supposed to pay principal payments and interest payments of $2100 during the year are pooled together and sold as securities.
Explain why the firm should shut down : If the market price is below shut-down, regardless of fixed costs, explain why the firm should shut down.

Reviews

Write a Review

Macroeconomics Questions & Answers

  How fast economy have to grow to bring unemployment down

Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this time next year? Assum..

  What dollar amount of open market operations

How much must the money supply change for the Fed to induce the change in real planned investment calculated in part a and what dollar amount of open market operations must the Fed undertake to bring about the money supply change calculated in part ..

  Monopolistic output choice

Suppose a monopolistic competitor in long-run equilibrium has a constant marginal cost of $6 and faces the demand curve given in the following table:

  Suppose that the accident at chernobyl had no effect

You should suppose that the accident at Chernobyl had no effect on the price of hot dogs or Jane's preference of caviar.

  Explain the differences among the long run and short run

Explain the differences among the long run and short run aggregate supply curves. Consider these differences and explain how an expansionary gap occurs.

  Determine population growth rates

Suppose you only have access to the rates of savings and population growth data but do not have access to the data on years of schooling (the last column of the table), use the Solow model to calculate the ratio of the steady state levels of incom..

  Explain the difference between efficacy and effectiveness

Explain the difference between efficacy and effectiveness from a health care perspective. How does a hospital administrator create a balance between the two?

  Is the federal funds rate currently too high or too low

The federal funds rate is currently 3 percent. The equilibrium real federal funds rate is 3 percent, and the weights on the output gap and inflation gap are 0.5 each. The inflation target is 1 percent. Is the federal funds rate currently too high o..

  To derieve the cost of keeping maintenance

Say your parents give you a car for your birthday. It is not the new model you wanted, but it's in very good condition.The cost of keeping the car to you is.

  Calculate gross national product

Calculate Gross National Expenditure (GNE) for 2014 and calculate Gross National Product (GNP) for 2014;

  Supply assistance to nation experiencing economic

The International Monetary Fund IMF supply assistance to nation experiencing economic woes.

  Analyzing msb and msc functions

It is well documented that carbon monoxide emissions from combustible engines increase in colder climates. This implies that associated damages are expected to become less severe in summer months than in winter.

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