Roy Dingbat is the manager of a hot dog stand that uses only labor and capital to

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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?
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Intermediate Microeconomics and Its Application

ISBN: 978-1133189039

12th edition

Authors: Walter Nicholson, Christopher M. Snyder

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