I need some help with this assignment. Below is a production possibilities table for consumer goods (automobiles) and capital goods (forklifts).
Type of Production A B C D E
Automobiles 0 2 4 6 8
Forklifts 30 27 21 12
(ii) Using the grammar below:-
S -> pAb Production No. 1
A -> cB | a Productions No. 2 and 3
B -> cb Production No. 4
Construct a table with four columns that indicate the step number, state of the input,
derivation, and rule applied, and hence show how the string:-
can be parsed top-dow
1) A company is considering producing a product for a new market. The fixed costs required for manufacturing and delivering the product is $50,000. Labor and material costs are estimated to be approximately $25 per product. If the product is sold at $35 each, the firms breakeven volume would be:
a) 50,000 units
b) 5,000 unit
If the rate of high school drop outs increases, the production possibilities curve would:
shift inward along one axis
shift inward along both the horizontal and vertical axis
shift outward along both the horizontal and vertical axis
shift outward long one axis
Define a production system. How does the concept of a production system help in the understanding of OM?
Production systems are the subsystems found within manufacturing. This includes everything needed to design, make, and distribute a good. So basically, production systems involve everything from the beginning stages of d
What is the best answer?
1. A production possibilities curve
a. that shows opportunity cost is a straight line.
b. has time on one axis and space on the other.
c. cannot be used to explain one of two alternatives for a nation.
d. shows we are faced with scarcity.
2. The principle of increasing marginal oppor
The difference between the short-run and the long-run production function is:
a. three months or one business quarter.
b. the time it takes for firms to change all production inputs.
c. the time it takes for firms to change only their variable inputs.
d. more information is required to answer this que