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no more information 6. Refer to Pindyck p.300 Example 8.2. a. When the price of aluminum is $1250, how many tons will the plant produce?
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6. Refer to Pindyck p.300 Example 8.2. a. When the price of aluminum is $1250, how many tons will the plant produce? What is the number of shifts the plant has to employ? b. When the price of aluminum is $1360, how many tons will the plant produce? What is the number of shifts the plant has to employ? c. When the price of aluminum drops to $1100, how many tons will the plant produce? Explain how this could be a short run production decision for the plant. 6. Refer to Pindyck p.300 Example 8.2. a. When the price of aluminum is $1250, how many tons will the plant produce? What is the number of shifts the plant has to employ? b. When the price of aluminum is $1360, how many tons will the plant produce? What is the number of shifts the plant has to employ? c. When the price of aluminum drops to $1100, how many tons will the plant produce? Explain how this could be a short run production decision for the plant Step by Step Solution
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