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Determine the appropriate number of shipping dock doors for a truck dock given the following information. Trucks deliver 580,000 cubic feet of product each day from this facility and the average truck holds 3,300 cubic feet. It takes 3 hours on average to load a truck and the facility works 2 shifts of 8 hours each day.
a- What is the appropriate number of shipping dock doors needed for this operation?
b- If the facility decided to add a third shift (additional 8 hours), how many dock doors would be needed?
q.assume that two companies c and d are duo-polist that produces identical products. demand for the products is given
A firm with fixed costs always has losses for low levels of output. A firm with fixed costs must incur economic losses if it chooses not to produce output. A firm with fixed costs can’t maximize profit in the short run.
You would like to save money to buy a new car that costs $10,000, but currently only have $8,000 and you know you won’t have any further excess savings to contribute more to it. You have available to you a fairly good savings account which pays conti..
Assume that the economy can experience high growth, normal growth, slow down or severe recession. Under these conditions you expect the following stock market returns for the coming year:
Botulinum toxin, marketed under the brand name "Botox" is a drug that paralyzes muscles into which it is injected. It is one of the few promising treatments for migraine headaches, which affect about 10% of the population. Migraine headaches are debi..
Calculate the APP, MPP and elasticity of production at different production levels and how many stages of production does this function represent? Mention them.
Agriculture and Agri-Food Canada implemented a farm savings plan called AgriInvest that would help farmers navigate ‘shallow losses’ (differences between revenues and expenses that are not extreme).
Introduction: It is February andyou have recently been hired as the manager of Mt. Claire Café. You have been asked to improve profitability. Note: Please use Excel for all calculations.
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
Consider three agents with the respective utility functions: uA(x,y)= xy (MRS(x,y)= y) x uB (x, y) = x + y (perfect substitutes) uC (x, y) = min{x, y} (perfect complements) Assume each agent has income $120 and initially faces the prices px = $1 and ..
Consider two firms: a yoga studio and a bar. The bar produces noise which reduces the price that the yoga studio can charge from its customers.Assume that the bar can sell an unlimited amount of drinks at the market price p and its marginal cost incr..
Suppose a demand curve has a vertical intercept of (0,100). Suppose a supply curve has a vertical intercept of (0,0). The equilibrium price is $50 and the equilibrium quantity is 60. What is the total surplus in dollars?
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