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Choose an industry that you know wellWhat multiple types of inputs are used to produce output? That is, where might you use the intuitions from
Choose an industry that you know wellWhat multiple types of inputs are used to produce output? That is, where might you use the intuitions from this section in deciding how and what type of workers to hire and what equipment to rent or purchase? (Some examples from the lectures are workers and equipment to dig ditches; lawyers and paralegals for legal services; accountants and computers for accounting services; slow workers and fast workers to make paper airplanes; and workers and can- openers to open cans.)
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