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A company has three plants: a, b, and c, and there are two major distribution centers, d and e. In the current quarter, factories a, b, and c have the capacities 1,000, 1,500, and 1,200 units, respectively. The demands of distribution centers d and e are 2,300 and 1,400 items, respectively. The transportation is conducted by truck at the cost of 8 cents per item per kilometer. Design a transportation problem to minimize transporta- tion costs. The distances are listed (in kilometers):
d
e
a
80
215
b
100
108
c
102
68
Draw the demand curve for x with Px on the vertical axis and x on the horizontal axis.
What"s wrong with this way of thinking? “Economists claim that when the price of something goes up, producers increase the quantity supplied to the market. But last year, the price of oranges was really high and the supply
Use a diagram to show how provision of a public subsidy to the arts might restore optimal allocation and explain why achieving this aim might be difficult in practice.
Presume that Sooner Airlines, All-Athlete Airways, and Cheapo Express are three airlines competing in a monopolistically competitive market. On a single graph pleases illustrate how Sooner Airlines would reach short-run equilibrium after initially op..
If you were to draw a demand curve for Car how would you label the axis that is what you're measuring along each axis with this demand curve slope upper down be vertical or horizontal and why
Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography
med-tech labs is a facility that provides medical test and evaluations for patients ranging from analyzing blood
Describe the meaning of the term "mutual interdependence" as it applies to oligopolies. Provide an example.
Explain the difference between fixed-production technology and variable-production technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology Should they d..
Find out the market structure (competition, monopolistic competition, oligopoly, and monopoly) that best characterizes the infant formula industry.
1. research how externalities impacted the development of communication infrastructure- both positively and
Differentiate between demand and quantity demanded. Differentiate between supply and quantity supplied. Give specific examples to illustrate what you are saying. 100-200 words each
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