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A car manufacturing company produces an SUV (x) and a sedan (y). Long-term pro- jections indicate an expected demand of at least 100 SUVs and 80 sedans each day. Because of limitations on production capacity, no more than 200 SUVs and 170 sedans can be made daily. To satisfy a shipping contract, a total of at least 200 cars must be shipped each day. If each SUV sold results in a $2,000 loss but each sedan produces a $5,000 profit, how many of each type should be made daily to maximize net profits?
Two automatic systems for dispensing maps are being compared by the state highway department. The accompanying breakeven chart of the comparison of these systems (System I vs. System II) shows total yearly costs for the number of maps dispensed pe..
In a small town of 100 people, there are 10 children under 15, 10 retired people, 60 people with full-time jobs, 3 people with part-time jobs, 3 full-time students aged 15 and over, and 4 full-time homemakers.
Sunny made a contract with Mandy selling
discuss the advantages and disadvantages of closed-end country funds cecfs relative to american depository receipts
Analyze the major short-run and long-run production and cost functions for the low-calorie microwaveable food company.
Suppose you estimate the following simple regression On the basis of the information provided, test whether the slope differs from zero at the 1% level of significance.
Suppose a technological advance reduces the cost of making computers. Draw a supply and demand diagram to show what happens to price, quantity, consumer surplus (CS), and producer surplus (PS) in the market for computers.
each month a brokerage house studies various companies and rates each companys stock as being either low risk or
1. john works at a coffee shop and makes 10 per hour. he decides to leave work an hour early to go see a movie that
One reason for the decreased economic volatility starting in the 1980s was
Calculate the opportunity cost of producing the first 15 houses and what is the marginal rate of substitution between houses and clothing production?
assume that the country is in a period of high unemployment interest rates are at almost zero inflation is about 2
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