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A farmer has 100 acres of land to plant tomatoes, radishes, and lettuce. She can sell tomatoes at $2.00 per lb., radishes at $2.00 per lb., and $1.00 for lettuce heads. The fertilizer costs are $50.00 for tomatoes and radish each and $25.00 for lettuce. A total of 400 man days of labor are available at $20.00 per man day. The other variable costs and labor costs are tabulated below.
Tomato Radish Lettuce
Price per lb
2
1
Yield per acre
2,000
1,000
3,000
Fertilizer cost
50
25
Labor days required
5
4
Formulate this problem as an LP model to maximize the profit. Also find the input demand function for labor and land constraints.
Microeconomic environment of corporate operations - Regulatory issues that impact the companys decisions
Draw a supply-demand diagram of the Federal funds market which illustrates the effects of a massive Treasury bill sale by the Fed in the open market.
Over a ten year period, the monthly charge for cellular phone service decreased from $80 per month to $30 per month. At the same time, the number of subscribers increased from less than 5 million to more than 125 million.
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What are some steps taken by both the FASB and IASB to move to fair value measurement for financial instruments? In what ways have some of the approaches differed?
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what are the benefits of adopting international accounting standards for a investors and b business enterprises? what
the table below shows the demand and supply schedules for on-campus
An ice-cream factory produces output at C
Sweetgrass Radiology Labs has a fixed amount of radiology equipment. The laboratory can hire any number of radiology technicians per hour to produce radiographs, which are displayed on a screen.
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