A firm has two plants that produce identical output. The cost functions are Upper C 1 equals 309 q minus 8 q squared plus 0.5 q cubed and Upper C 2 equals 309 q minus 14 q squared plus 1.0 q cubed. First, note that if AC 1equals309minus8qplus0.5q squared, then StartFraction dAC 1 Over dq EndFraction equals negative 8 plus 2 (0.5 )q . Similarly, if AC 2equals309minus14qplus1.0q squared, then StartFraction dAC 2 Over dq EndFraction equals negative 14 plus 2 (1.0 )q . At what output level does the average cost curve of each plant reach its minimum? The first plant reaches minimum average cost at nothing units of output. (E

Martinez manufacturing applies overhead based on direct labor hours. the company estimates that their overhead for the year will be $180,000, and that they will use 72,000 direct labor hours. during the year, martinez manufacturing actually used 75,000 direct labor hours and actual overhead costs were $190,000. at the end of the year, manufacturing overhead was: overapplied by $2,500. overapplied by $10,000. underapplied by $2,500. underapplied by $10,000.

Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership.a. autocraticb. free-reinc. contingentd. participative

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital