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Author Question: Related to the Economics in Practiceon page 151: Which of the following is the best analysis of the ... (Read 107 times)

bb

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on: Apr 19, 2019

Question 1

Costs of production are determined


◦ only by the technologies that are available.
◦ only by the input prices that are available.
◦ by the technologies that are available and by input prices.
◦ by the technologies that are available and by the demand for the output.

Question 2

Related to the 
Economics in Practice on page 151: Which of the following is the best analysis of the question of how fast delivery truck drivers should drive in order to reduce costs?


◦ They should drive as quickly as possible in order to make more deliveries per day.
◦ They should drive at the most fuel-efficient rate in order to reduce fuel consumption costs.
◦ They should balance the concerns of speed and fuel efficiency and drive at a speed that minimizes total expenses.
◦ They should drive as close to the legal speed limit as possible.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by bb on Apr 19, 2019

duke02

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bb

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

raili21

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Reply 3 on: Yesterday
:D TYSM

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