Vending machines should wendy sell

Assignment Help Macroeconomics
Reference no: EM131373088

Wendy sells vending machines. She can sell 9 machines if she charges $1,000 per machine; 8 if she sells them at the price of $1,100 per machine; 7 at the price of $1,200 per machine, and 6 at the price of $1300 per machine. Each vending machine costs $500 to produce and bring to the market. How many vending machines should Wendy sell if she wants to maximize her profit?

Reference no: EM131373088

Questions Cloud

How did it change the way you usually read an article : Finish the exercise by reflecting in your journal for five minutes on what, if anything, you noticed about using the double-entry journal to have a "conversation" with a text. In particular: How did it change the way you usually read an article suc..
What role does planned obsolescence play in consumerism : What is planned obsolescence? What role does planned obsolescence play in consumerism? Describe one product or service and explain how planned obsolescence is incorporated into its design.
Edit the given essay and also write a nice conclusion : Edit the given essay and also write a nice conclusion.- The essay is about "Leadership".-  Make sure it makes sense.
Provide a scenario for using each topology : In this paper, (a) define each topology, (b) provide a scenario for using each topology, and (c) identify at least one disadvantage of using each topology.
Vending machines should wendy sell : Each vending machine costs $500 to produce and bring to the market. How many vending machines should Wendy sell if she wants to maximize her profit?
What were your expectations about the message : From the e-Activity, select ten (10) states and calculate the mean and standard deviation for average insurance costs. Next, calculate the mean and standard deviation for average insurance costs for all 51 states. Compare and contrast the means a..
What is your perspective on ethics of providing health care : What is your perspective on the ethics of providing universal health care to all U.S. citizens, and how well do you think the Affordable Care Act has addressed this cause?
Conclusion change for the winter months : How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?
Describe the culture at nickelodeon latin america : Describe the culture at Nickelodeon Latin America. Be specific and how did Swan go about building the culture (consider the interrelationships among Nickelodeon Latin America's context, design factors, culture and outcomes).

Reviews

Write a Review

Macroeconomics Questions & Answers

  Determine what will be the outcome of the game

Now suppose the same game is played with the exception that Player A moves first and Player B moves second. Draw the game tree associated with this situation. Using the backward induction method discussed in the online class notes, what will be th..

  Assume we refused to sell goods to any country

Assume we refused to sell goods to any country that reduced or halted its exports to us.

  What did the recent sovereign debt crisis in europe have

What did the recent "Sovereign Debt Crisis" in Europe have to do with Fiscal Policy?What are the advantages and/or disadvantages of using monetary policy instead of fiscal policy?

  Explain how this fiscal policy would impact the economy

Give two reasons to defend your chosen business cycle and identify the right fiscal policy that should be followed: contractionary or expansionary.

  Quantity of a good demanded

1. The quantity of a good demanded rises from 1000 to 1500 units when the price falls from $1.50 to $1.00 per unit. The price elasticity of demand for this product is approximately:A. 1.0B. .16C. 2.5D. 4.0

  Dutch pension funds holding u.s. government bonds

Explain. Problems and Applications a. Dutch pension funds holding U.S. government bonds b. U.S. manufacturing industries c. Australian tourists planning a trip to the United States d. an American firm trying to purchase property overseas

  Compare australia with any other advanced economy

Compare Australia with any other advanced economy or developing country and discuss their economic growth during last.

  Given the industry''s concern that workers shirk

Given the industry's concern that workers shirk, they start employee at $10 and increase the pay by $0.40 each year they are on the job.

  What approach to economics does georges statement reflect

Economist George Stigler once wrote that, according to consumer theory, "if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises."

  Would the countries have borrowed more or less

Would the countries have borrowed more or less if their economies had been privatized earlier?

  Compute producer surplus surplus and profit in this case

Compute producer surplus, how much is the difference between the producer surplus and profit in this case

  The australian economy has gone

Collect an article from an Australian newspaper that relates to the current Australian macro-economy or a macroeconomic issue or problem. In a paragraph indicate which section of the course it applies to, why you selected the article and provide a br..

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