Menu costs of inflation: a. are best described as the costs firms incur by having to change prices either on paper or in the computer. b. are the costs involved with only those goods whose prices are rising faster than inflation; this basket of goods represents the "menu." c. literally mean that restaurants are the most affected by inflation because they are constantly printing new menus. d. mean that because we can choose what goods we consume, we have a menu of inflation to choose from and we can "opt out" by consuming a different "basket" of consumer goods. e. are the costs one incurs when shopping for lower prices.

What is the communication process? why isnt it possible to communicate without using all the elements in the communication process?

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production