Answer:
B) the same amount of capital and labor
Explanation:
Only an increase in productivity shifts the production function upward given that all factors of production remain the same. Generally technology improves productivity and causes those shifts.
Productivity measures the rate of output per unit of input. E.g. I write 10 pages per hour. If my writing productivity increases, I will write 12 pages per hour. Labor productivity is measured by the amount of output produced per hour worked.
The three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network C) inventory costs, transportation costs, and facility costs.
<h3>What is logistic?</h3>
Logistic is the process of transporting the goods as well as the services of the company.
Therefore, the cost involves are:
- inventory costs
- transportation costs
- facility costs.
Learn more about logistics-related costs at:
brainly.com/question/25885810
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Answer: None of the above
Explanation:
None of the options seem to be correct.
Stakeholder is the people who are interested in the the decision made by an organization. When a change takes place in an organization, the stakeholders are affected by such change. Stakeholders include board, managers, shareholders, workers etc.
The first option is wrong as stakeholders are incidental to the change process. They're always ever present in the change process.
The second option is wrong as well. Some stakeholders are decision makers and can influence the potential outcome of organizational restructuring. e.g board etc.
The third option is also incorrect. This is because stakeholder expertise in managing change should be considered by change leaders in the planning of adaptable organizational structures. Some stakeholders are expertise in change management and their knowledge is needed when there is planning of adaptable organizational structures.
That means we're left with only the Fourth option which is the right answer.
If it is greater than or equal to the price.
hope this helps
Answer:
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Explanation:
According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,
price = $8.10
avg variable cost = $8.00
avg total cost = $8.25
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.