We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search


+ Link For Assignments, GDBs & Online Quizzes Solution


+ Link For Past Papers, Solved MCQs, Short Notes & More

Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

This is to inform that Graded Discussion Board (GDB) will be opened on July 12, 2017 for discussion and last date for posting your discussion will be July 18, 2017.



Spring 2017

The Case:

R&R Co. is a producing unit of local hand bags in a town in which inputs like building, labor, machinery and raw materials etc. are transformed into output or total product (TP) under three stages of production. In short run, it is assumed that one of the factors like building is fixed input and other inputs are variable. Following table has been provided by their production department;



Total Product (TP)

Marginal Product (MP)


























Being the student of managerial economics, you are required to analyze the given data and;

  • Suggest as a rational manager that how much labor should be employed by R&R Co. for having efficient production of hand bags and why?
  • Why the firm should not employ labor beyond the level of efficient production?

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?

See Your Saved Posts Timeline

Views: 777


+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

Please Discuss here about this GDB.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions. Read More>>



For Important Helping Material related to this subject (Solved MCQs, Short Notes, Solved past Papers, E-Books, FAQ,Short Questions Answers & more). You must view all the featured Discussion in this subject group.

For how you can view all the Featured discussions click on the Back to Subject Name Discussions link below the title of this Discussion & then under featured Discussion corner click on the view all link.

Or visit this link 

Click Here For Detail.


.•°How to Download past papers from study groups°•.


Please Click on the below link to see…

.... How to Find Your Subject Study Group & Join .... 

plz fellows share its solution . if u will help others god will help u i.a

badar app k subjects kon kon say hain

Eco404, MGT 101, MGT301, MTH302

i think when company have labor 1 than the total product and the marginal product of the company same after adding one labor the total product increase and the marginal product also increased when adding one more labor in production then the total product increase and the marginal product also increased but when company add one more labor in production the total product increased but the marginal product decreased !!! so the company should hire 3 labor for the efficient production because after that point the marginal product is decreasing and one point will be come when the marginal product of the company is negative.

actually this is called the diminishing return if company go beyond the level of efficient production the return goes to negative returns. 

you r right Rahila ,the limit point is 2 i guess cuz at level 3 the marginal production goes negative   

what do you say about the efficient production level ..

i think it should be 3 for efficient production.

kiya ya rahila final solution ha


Today Top Members 

© 2020   Created by +M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service