A Managment instutute can operate for a maxium 12 hours .lectures are the outout of the institute and each lecture is for 1 hour abd a mandatory 15 minutes break.If there are F facility abnd C classroom and we consider only threse inputs ,what is the the productiin function of the institute ?How will be production function change if lecture ductation is reduced to 45 mins with a mandatory 15 minutes break

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter11: Profit Maximization
Section: Chapter Questions
Problem 11.9P
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A Managment instutute can operate for a maxium 12 hours .lectures are the outout of the institute and each lecture is for 1 hour abd a mandatory 15 minutes break.If there are F facility abnd C classroom and we consider only threse inputs ,what is the the productiin function of the institute ?How will be production function change if lecture ductation is reduced to 45 mins with a mandatory 15 minutes break

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