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A Managment instutute can operate for a maxium 12 hours .lectures are the outout of the institute and each lecture is for 1 hour abd a mandatory 15 minutes break.lf there are F facility abnd C classroom and we consider only threse inputs ,what is the the productiin function of the institute ?How will be production function change if

A Managment instutute can operate for a maxium 12 hours .lectures are the outout of the institute and each lecture is for 1 hour abd a mandatory 15 minutes break.lf there are F facility abnd C classroom and we consider only threse inputs ,what is the the productiin function of the institute ?How will be production function change if

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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A Managment instutute can operate for a maxium 12 hours .lectures are the outout of the institute and each lecture is for 1 hour abd a mandatory 15 minutes break.lf there are F facility abnd C classroom and we consider only threse inputs ,what is the the productiin function of the institute ?How will be production function change if lecture ductation is reduced to 45 mins with a mandatory 15 minutes break
Transcribed Image Text:A Managment instutute can operate for a maxium 12 hours .lectures are the outout of the institute and each lecture is for 1 hour abd a mandatory 15 minutes break.lf there are F facility abnd C classroom and we consider only threse inputs ,what is the the productiin function of the institute ?How will be production function change if lecture ductation is reduced to 45 mins with a mandatory 15 minutes break
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