What ethical constraints from the Bible are on the behavior alobjective of Profi

Question

What ethical constraints from the Bible are on the behavior alobjective of Profit Maximization for the firm? Be specific. What ethical constraints from the Bible are on the behavior alobjective of Profit Maximization for the firm? Be specific. Question 1 5 pts A manufacturer has two plants- one in Ohio and one in Tennessee. At the current allocation of total output between the two plants, the last unit of output produced in the Ohio plant added $10 to total cost, while the last unit of output produced in the Tennessee plant added $8 to total cost. In order to decrease total costs, the firm should... O Switch some output from the Tennessee to the Ohio plant O Produce all its output in the Tennessee plant O Keep all the allocation between plants unchanged O Produce all its output in the Ohio plant O Switch some output from the Ohio to the Tennessee plant

Explanation / Answer

>> To reduce the costs, the firm should

Switch some output from the Ohio plant to the Tennese plant

In the last units, per unit costs are less in Tennese plants. Therefore, those number of units that cost less have to be shifted in Tennese plant

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.