7. Multiple resources and how much to use them Suppose that you own a restaurant and you have to choose how many experienced and novice chefs to hire for the kitchen. An experienced chef can cook 22 meals per hour, while a novice chef can cook only 11 meals per hour. Experienced chefs cost $32 per hour. True or False: If unskilled chefs cost $13 per hour, you are indifferent between hiring skilled and unskilled chefs. True False

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Which of the following is least likely to a team solve problems together

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.