Use the Following Graph to Answer the Following Questions

question 4

Essay

Use the following graph to answer the following questions. a.If the wage rate and the rental price of machines are both $50 and total cost is $800,is the cost-minimizing point A,B,or C?
b.If the wage rate is $40,the rental price of equipment is $120,and total cost is $1,200,is the cost-minimizing point A,B,or C?
c.If the wage rate is $60,the rental price of equipment is $90,and total cost is $1,800,is the cost-minimizing point A,B,or C?

---

Definitions:

Terminated Employees

Workers who have been dismissed or let go from their positions by the employing organization.

Cultural Intelligence

The ability to relate to and work effectively across cultures.

Analyze

To examine something methodically and in detail, usually for purposes of explanation and interpretation.

Charisma

A compelling attractiveness or charm that can inspire devotion in others, often seen as a quality of effective leaders.