Suppose that a firm in a perfectly competitive and constant cost industry is initially in long run equilibrium at point a on the following isoquant. if the market demand curve for the firm's product suddenly and permanently shifted to the right, discuss what will happen to the firm's capital/labor ratio over time, i. e., in the short run and in the long run. (draw diagrams to support your reasoning and be explicit about your assumptions.

Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?

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

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)