You ate an executive for a firm like VCAAntech, which operates over 600 animal hospitals in
the United States. Each hospital is treating the desired number of cases per day. Ar each hospital,
you estimate that hiring another vetorinarian enables the locition to treat 50 addeional cases per
day and fring one decreases the number of cases treated by 50 per day. Hiring another volerinary
assktant enables the location to treat 12 more cases per day, and firing one decreases the number
of cases treated by 12 per day. Finally. hiring another vebeinary techinician enables the location
to teeat 14 more cases per day, and firing one decreases the number of cases treated by 14 per
day. A voterinarian is paid $400 por day, a veterinary assistant is paid $144 per day, and a
veterinary technician is paid 5168 per day When will the hospitale be able to mininke costs? A.
The hosphials will be able to minimize costs when the rato of marginal product to price is equal
for any two inputs: B. The hosptals will be abie to minimice costs when the ratio of maiginal
product to price is equal for veterinarians, assistants, and techniclans: c. The hooptals will be
able to minimize costs wher an equal number of veterinatiars, assistants, and technicians are
employed 0. The footitals wil tie able to minimize costs when the input weh the fowest pilce is
emplayed the most asshiants in our example The inienal hospitals miningatog their cost of
treatrient As an whecutive you
You are an executive for a firm like VCAAntech, which operates over 600 aninal hospitals in the
United States. Each hospiat is treating the desixed number of cases per day Al each hospilal, you
eatimate that hiring another veterinarian enables the location to treat 50 additional cases per day
and fring one decreases the number of cases tretated by 50 per day Hiring another veterinary
assistant enables the location to treat 12 more cases per diny, and fring one decreases the number
of cases trealed by 12 per day. Finally hifing another veterinary lechinician enables the location
to treat 14 more cases per day, and firing one decreases the number of cases treated by 14 per
day. A veterinarian is paid $400 per day, a vetorinary assistant is paid $144 per day, and a
veterinary technician is paid $168 per day. When wiil the hospitals be able to minimke costs? A.
The hospitals will be able to minimize costs when the ratio of marginal product to price is equal
for any two inputs. B. The hospltals wit be able to minimize costs when the ratio of marginal
product to price is equal for veterinarians, assiatants, and techniclans C. The hosptals will be able
to mininize costs when an equal number of veterinatians, assislants, and technicians are
employed D. The hasplals will be ablo to mininize conts when the input with the lowest price is
employed the most assistants in our example. The animal hospitals As an executive. your advice
to the animat hospitals should be to hive
You are an exerutive for a firm like VCA .
On National Teacher Day, meet the 2024-25 Kenan Fellows
You ate an executive for a firm like VCAAntech, which operates over 6.pdf
1. You ate an executive for a firm like VCAAntech, which operates over 600 animal hospitals in
the United States. Each hospital is treating the desired number of cases per day. Ar each hospital,
you estimate that hiring another vetorinarian enables the locition to treat 50 addeional cases per
day and fring one decreases the number of cases treated by 50 per day. Hiring another volerinary
assktant enables the location to treat 12 more cases per day, and firing one decreases the number
of cases treated by 12 per day. Finally. hiring another vebeinary techinician enables the location
to teeat 14 more cases per day, and firing one decreases the number of cases treated by 14 per
day. A voterinarian is paid $400 por day, a veterinary assistant is paid $144 per day, and a
veterinary technician is paid 5168 per day When will the hospitale be able to mininke costs? A.
The hosphials will be able to minimize costs when the rato of marginal product to price is equal
for any two inputs: B. The hosptals will be abie to minimice costs when the ratio of maiginal
product to price is equal for veterinarians, assistants, and techniclans: c. The hooptals will be
able to minimize costs wher an equal number of veterinatiars, assistants, and technicians are
employed 0. The footitals wil tie able to minimize costs when the input weh the fowest pilce is
emplayed the most asshiants in our example The inienal hospitals miningatog their cost of
treatrient As an whecutive you
You are an executive for a firm like VCAAntech, which operates over 600 aninal hospitals in the
United States. Each hospiat is treating the desixed number of cases per day Al each hospilal, you
eatimate that hiring another veterinarian enables the location to treat 50 additional cases per day
and fring one decreases the number of cases tretated by 50 per day Hiring another veterinary
assistant enables the location to treat 12 more cases per diny, and fring one decreases the number
of cases trealed by 12 per day. Finally hifing another veterinary lechinician enables the location
to treat 14 more cases per day, and firing one decreases the number of cases treated by 14 per
day. A veterinarian is paid $400 per day, a vetorinary assistant is paid $144 per day, and a
veterinary technician is paid $168 per day. When wiil the hospitals be able to minimke costs? A.
The hospitals will be able to minimize costs when the ratio of marginal product to price is equal
for any two inputs. B. The hospltals wit be able to minimize costs when the ratio of marginal
product to price is equal for veterinarians, assiatants, and techniclans C. The hosptals will be able
to mininize costs when an equal number of veterinatians, assislants, and technicians are
employed D. The hasplals will be ablo to mininize conts when the input with the lowest price is
employed the most assistants in our example. The animal hospitals As an executive. your advice
to the animat hospitals should be to hive
You are an exerutive for a firm like VCA Antech, which operates ever 600 animal hospitals in
the United States. Each hospltal is treating the desired number of cases per tay. At each hospital,
2. you estimate that hibing another vetecinarian enables the location to treat 50 additional cases per
day and faing one decreases the number of cases treated by 50 per day. Hiring another veterinary
assistant enables the location to treat 12 more cases per day, and lining one docreases the number
of cases freated by 12 per day Finally, hirhg another veterinary lechinician enables the location
to treat 14 more cases par day, and liring one decreases the number of cases treated by 14 per day
A veterinarian is pald $400 per day, a veterinary assistant is paid $144 per day, and a veterinary
lechinician is paid $168 por day. When will the hospitals be able to minienize costs? A. The
hospltals will be able to minimize casts when the ratio of marginal product to price is equal for
any two inputs B. The hospitals will be able to minimize costs when the ratio of marginal
product to price is equal for voterharians, assistants, and technicians C. The tvospitaks will be
able to minimize costs when an equal number of veterinarians, assistants, and technicians are
employed. 0. The hosplaks will be able to minimize costs when the input with the lowest price is
employed the most, assistants in our examplen The animal hospitals mirimaing their cost of
treatment As an execritive, your advice to the animai tospitals should be to hire
As an executive, your advice to the animal hospitals should be to hire assistants. technicians, and
veterinarians fewer more