The production function for puffed rice is Q = 100 √KL where Q = output of boxes per hour K = number of puffing guns used per hour L = number of workers hired per hour

a. Calculate the Q = 1000 isoquant for this production function and show it on a graph.
b. If K = 10, how many workers are required to produce Q = 1,000? What is the average?
c. Suppose technical progress shifts the production function to Q = 200 √KL. Answer parts product of puffed rice workers? a and b for this new situation.

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.

Which of the statements is true about the values recorded in the balance sheet of a firm?