Author Question: Laura's team can complete 15 reports and 5 presentations in a day. Albert can motivate his team to ... (Read 119 times)

student77 · **on:** Jun 30, 2018

Laura's team can complete 15 reports and 5 presentations in a day. Albert can motivate his team to complete 12 reports in a day with 10 presentations. Suppose the boss needs 30 reports with 20 presentations completed during a particular day. Assigning the extra presentations to Laura's team would:
a. lead to an efficient outcome.
b. push the production level inside the production set.
c. enhance the production level along the production set.
d. increase the chances of achieving the target.

Question 2

In the electricity generation industry, the cost per kilowatt hour of electricity declines as the capacity to generate output increases. This situation represents:
a. a poor opportunity for investors.
b. constant returns to scale.
c. diseconomies of scale.
d. economies of scale.
e. decreasing returns to scale.