Question
Consider the production function of Subway Salon. Identify each of the following as a labor input, a capital input, an intermediate input, or a business
Consider the production function of Subway Salon. Identify each of the following as a labor input, a capital input, an intermediate input, or a business know-how input.
InputInput TypeiReceptionists(Click to select)LaborCapitalIntermediate inputBusiness know - how
iiThe time spent by the owners on learning new techniques for cutting hair(Click to select)LaborCapitalBusiness know - howIntermediate input
iiiBlow dryers(Click to select)Intermediate inputLaborBusiness know - howCapital
ivHair colorists(Click to select)CapitalIntermediate inputLaborBusiness know - how
vThe computers needed to run the reservation program(Click to select)Business know - howLaborIntermediate inputCapital
viThe accountants who do the taxes for the business(Click to select)LaborBusiness know - howIntermediate inputCapital
viiShampoo(Click to select)CapitalIntermediate inputLaborBusiness know - how
viiiThe building that Subway Salon is in(Click to select)LaborIntermediate inputCapitalBusiness know - how
ixThe system for assigning new clients to particular hair stylists(Click to select)Intermediate inputBusiness know - howCapitalLabor
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