Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
Consider the three articles onestimating production and cost functions for this LP. Now consider thatyou have been hired by a firm to estimate the production capabilities and theper unit costs of the firm’s competition. How easy or difficult will itbe for you to complete your task? What tools, data, and techniques willyou use to be able to estimate the output and costs of the competingfirms? Defend your answers and cite your sources.
1. Parkin,D., & Hollingsworth, B. (1997). Measuring production efficiency of acutehospitals in Scotland, 1991-94: Validity issues in data envelopment analysis. AppliedEconomics, 29(11), 1425-1433.doi:10.1080/000368497326255
Manonmani, M. M. (2013). A stochastic frontier production function approachto Indian textile industry. Indian Journal Of IndustrialRelations,48(4),703-710.
Mairesse, J., & Jaumandreu, J. (2005). Panel-data estimates of theproduction function and the revenue function: What difference does it make?. ScandinavianJournal Of Economics, 107(4), 651-672.doi:10.1111/j.1467-9442.2005.00431.x
Discussion 3.2: Costs
Discuss why is it important for a firm manager to be able to differentiatebetween the different types of costs such as historical costs, accountingcosts, opportunity costs, long run costs, short run costs, private costs, andsocial costs? How can knowing this differentiation be used by thefirm’s manager to the firm’s benefit? Then, using the NAU library, findand discuss articles about firms that illustrate these 7 different types ofcosts in the real world. (Note: you will probably need to use more than onearticle to be able to discuss all of these different costs) Defend youranswer and cite your sources
These discussions aretwo separated discussions.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more