A Firm Is Producing 10,000 Units of Output in Two

question 88

Multiple Choice

A firm is producing 10,000 units of output in two plants,A and B,and each plant is producing 5,000 units of output.The marginal cost in plant A is $10 and the marginal cost in B is $6.To reduce the cost of producing 10,000 units the firm should

• A)produce more in A and less in B.
• B)produce less in A and more in B.
• C)produce it all in B because B is the lower cost plant.
• D)do nothing since the output in each plant is equal.

Discuss the characteristics of powerful people in organizations as identified by Moss Kanter.

Explain the strategies for empowering individuals within an organization as advised by Jay Conger.

Understand different types of role conflicts and their implications in organizational settings.

Identify and apply strategies to reinforce positive organizational and personal pride norms.

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Definitions:

Gourmet Cupcake

A high-quality, often artistically decorated cupcake that is made with fine ingredients and presented as a luxury item.

Weekly Wages

The total amount of compensation that an employee receives on a weekly basis, typically as a result of hourly work or a fixed salary.

Materials

Substances or components that are used in the manufacturing or production of goods.

Annual Fixed Costs

Costs that do not vary with the volume of production or sales and are incurred on a yearly basis.