Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder

تمرين 22

Roy Dingbat is the manager of a hot dog stand that uses only labor and capital to produce hot dogs. The firm usually produces 1,000 hot dogs a day with five workers and four grills. One day a worker is absent but the stand still produces 1,000 hot dogs. What does this imply about the 1,000 hot dog isoquant? Why do Roy's management skills justify his name?