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

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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