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Ulleksa [173]
3 years ago
13

Uma and edward are assigned to partner on a project, but they have never worked together before. uma texts edward, "are you avai

lable to meet at four this afternoon?" edward replies, "yep. cu then." what advice would you give them about their communication styles?
Business
1 answer:
EastWind [94]3 years ago
4 0
<span>In a situation in which Uma </span><span>and Edward are partners on a project, but they have never worked together and Uma </span>texts Edward, "Are you available to meet at four this afternoon?" Edward replies, "yep. cu then." Uma should gently remind Edward to be more formal and better to use e-mails than texting.

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4 years ago
A firm produces output using capital and labor. The​ firm's marginal product of labor ​(MP Subscript Upper L​) is 40 and its mar
Anika [276]

Answer:

a. No, the firm is not minimizing the cost of production.

b. The firm should continue to increase the units of labor by reducing the unit of capital until when the ratio of Marginal product of labor to Marginal product of capital of is equal to the ratio of w to r.

Explanation:

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The firm minimizing the cost of​ production where:

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The firm should continue to increase the units of labor by reducing the unit of capital until when the ratio of Marginal product of labor to Marginal product of capital of is equal to the ratio of w to r.

The closest point at which this will happen is when the Marginal product of labor is 45 and Marginal product of capital is 23 where we have:

45 / 23 = 1.96, or 2 approximately.

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