My friend asked me these... I have no idea... I feel really dumb right about now because I took Economics my senior year. Here they are:
How might overhead affect the price of a new car?
There are many oil processing plants that operate 24 hours a day, using several shifts of workers to maintain operations. How might a plant's fixed and variable costs affect its decision to operate 24 hours?
Why might production functions tend to differ from one firm to another?
Anyone wanna help me out here? 10 points
How might overhead affect the price of a new car?
There are many oil processing plants that operate 24 hours a day, using several shifts of workers to maintain operations. How might a plant's fixed and variable costs affect its decision to operate 24 hours?
Why might production functions tend to differ from one firm to another?
Anyone wanna help me out here? 10 points