Homework Help: manageria economics

Posted by Razu on Wednesday, August 11, 2010 at 3:09am.

the largo publishing house use 400 printers and 200 printers presses to produce book. a printers wage rate is 20 adn the price of a printing press is 5000. the last printer added 20 books to total output. is the publishing house making the optimal in put choice? why or why not? if not how should the manager of largo publishing house adjust input usage?

manageria economics - Racine, Wednesday, September 22, 2010 at 12:44pm
The last printer adds 20 books to the total output. So, the marginal productivity of the last printer is 20 books. The marginal productivity of the last printing press is 1000 books. The optimal choice of input is determined by the condition,
Marginal productivity of printer Marginal productivity of printing press Wage rate of the printer Price of the printing press 20 /20 БВ 1000 / 5000 1 БВ 0.2

Answer this Question

Related Questions

manageria economics - the largo publishing house use 400 printers and 200 ...
macro econ - I need to find whether or not the company is making an optimal ...
Economics - The Largo Publishing House uses 400 printers and 200 printing ...
managerial economics - The Largo Publishing House uses 400 printers and 200 ...
Economics - The Largo Publishing House uses 400 printers and 200 printing ...
Managerial Economics - The Largo Publishing House uses 400 printers and 200 ...
Managerial Economics - . The Largo Publishing house uses 400 printers and 200 ...
managerial economics - The Largo Publishing House uses 400 printers and 200 ...
Economics - ABC publishing uses 400 printers and 200 printing presses to produce...
Managerial Economics - The Largo Publishing House uses 400 printers (workers) ...

For Further Reading

First Name:
School Subject:
Answer: