Calculator company produces scientific calculator

Assignment Help Business Economics
Reference no: EM131101425

A calculator company produces a scientific calculator and a graphing calculator. Because of limitations on production capacity, no more than 220 scientific and 180 graphing calculators can be made daily. To satisfy a shipping contract, a total of at least 200 calculators much be shipped each day. If each scientific calculator sold results in a $2 profit, and each graphing calculator produces a $5 profit, how many of each type should be made daily to maximize net profits?

Reference no: EM131101425

Questions Cloud

Surprises and unexpected variables : As defined by the military philosopher Karl von Clausewitz, what is friction in war? Surprises and unexpected variables.
Checkable deposits owned by individuals and businesses : In June 2013, currency held by individuals and businesses was $1,124 billion; traveler’s checks were $4 billion; checkable deposits owned by individuals and businesses were $1,402 billion; savings deposits were $6,884 billion; time deposits were $583..
Find the function giving the value of the account : An account earning 8% interest, compounded annually, is opened, and a deposit of $1000 is made into the account. Find the function giving the value of the account A in terms of the number of years the account has been open, t.
Calculator company produces scientific calculator : A calculator company produces a scientific calculator and a graphing calculator. Because of limitations on production capacity, no more than 220 scientific and 180 graphing calculators can be made daily. To satisfy a shipping contract, a total of at ..
Make decorative stones for landscaping : You make decorative stones for landscaping. A ton of coarse stones requires 2 hours of crushing, 5 hours of sifting, and 8 hours of drying. A ton of fine stones requires 6 hours of crushing, 3 hours of sifting, and 2 hours of drying. The coarse stone..
Explain the effect of the increased minimum wage : The government introduces a new regulation which raises minimum wages of a bakery’s workers. Assuming that the market for bakeries is perfectly competitive, explain the effect of the increased minimum wage on an individual bakery average fixed cost, ..
Enforce anti-discrimination policies : Draw simple labor supply and demand graphs for the occupations of school teachers and plumbers to show the labor market in each profession.  Show the reduction in output from discrimination. Show the economic gains from eliminating discrimination. Wi..
Federal laws governing compensation raise important issues : Federal laws governing compensation raise important issues for both employers and employees.

Reviews

Write a Review

Business Economics Questions & Answers

  Bureau of labor statisticstate employment

Visit the Bureau of Labor Statistics for state employment also unemployment.

  Why is it often difficult to develop a realistic analysis

Why is it often difficult to develop a realistic analysis?

  What is the price that suppliers receive

Demand: P=30-2Q Supply: P=4Q Equilibrium Price____ Equilibrium Quantity______ Own Price Elasticity of demand Equlilbrium______ Consumer surplus________ Producer surplus__________ Same market after $6 sales Tax

  Qa coal-fired power plant can produce electricity at a

q.a coal-fired power plant can produce electricity at a variable cost of 4 cents per kilowatt hour when running at its

  Dhl prides itself on having its own staff

DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.

  Subsequent cost relationships for a single-product

Consider the subsequent cost relationships for a single-product Is there a minimum efficient scale of plant implied by these cost relationships

  Define program risk and define institutional risk

An enterprise risk management framework should include both program risk and institutional risk. Define program risk. Define institutional risk.

  Will it buy more or less than a competitive buyer

How should a monopsonist decide how much of a product to buy? Will it buy more or less than a competitive buyer? Explain briefly.

  Qq10000-1000p005pop06103awhere q is quantity p is cost

q1. q10000-1000p0.05pop0.610.3awhere q is quantity p is cost pop is population i is disposable income per capita and

  Careful investment

Jack wishes to become a millionaire by the time when he is 60 years old. He believes that by careful investment he can obtain 15% rate of return. He plans to add a uniform sum of money to his investment each program each year, beginning on his 20th b..

  Elucidate why is productivity related to the standard

Elucidate why is productivity related to the standard of living. In your answer be sure to explain what productivity and standard of living mean. Make a list of things that determine labor productivity.

  Regarding the availability of a wide range of low-cost

As a consumer, describe your benefits regarding the availability of a wide range of low-cost, high-quality goods and services which are produced in other countries, such as, cell phones and flat-screen televisions. As a voter, describe your concerns ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd