Lauren owns a bakery. She wants to increase her daily production of baked goods, so she knows she needs to acquire more resources. Which of the following actions would represent an increase in the physical capital resource at her bakery? O a) buying better-quality ingredients O b) hiring more employees O c) moving into a larger space O d) increasing employee training e) hiring an accountant to handle payroll

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter7: Production Economics
Section: Chapter Questions
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Lauren owns a bakery. She wants to increase her daily production of baked goods, so
she knows she needs to acquire more resources. Which of the following actions
would represent an increase in the physical capital resource at her bakery?
a) buying better-quality ingredients
b) hiring more employees
c) moving into a larger space
d) increasing employee training
e) hiring an accountant to handle payroll
Transcribed Image Text:Lauren owns a bakery. She wants to increase her daily production of baked goods, so she knows she needs to acquire more resources. Which of the following actions would represent an increase in the physical capital resource at her bakery? a) buying better-quality ingredients b) hiring more employees c) moving into a larger space d) increasing employee training e) hiring an accountant to handle payroll
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