20 Jul EXPLAIN HOW THIS IS AFFECTED BY THE SHORT- AND LONG-RUN PRODUCTION FUNCTION.
When dealing with multinational operations organizations must be conscious of both short- and long- Show more When dealing with multinational operations organizations must be conscious of both short- and long-term production costs. In this particular case Apple is considering both of these issues and the company is also required to look at the production function to determine whether it is feasible to continue operations in foreign countries or it should enhance its manufacturing base in the United States. Instructions Analyze how examples in this particular case impact the short- and long-run decision on plant location. Explain how this is affected by the short- and long-run production function. In terms of the production process how can diminishing returns affect Apple in this situation?In terms of the production process how can diminishing returns affect Apple in this situation? Show less
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