9. The Manal County refuse department runs two recyclingcenters. Center 1 costs $40 to run for an eight hour day. In a typicalday 140 pounds of glass and 60 pounds of aluminum are depositedat Center 1. Center 2 costs $50 for an eight-hour day, with 100pounds of glass and 180 pounds of aluminum deposited per day.The county has a commitment to deliver at least 1540 pounds ofglass and 1440 pounds of aluminum per week to encourage arecycler to open up a plant in town. How many days per weekshould the county open each center to minimize its cost and stillmeet the recycler's needs?Let x be the number of days per week Center 1 is open and y bethe number of days per week Center 2 is open. The linearprogramming problem associated with this question is as follows:Minimize the functionz = 40x + 50y (Cost of operating the two centers)subject to the constraints:140x + 100y 2 1540 (glass)60x + 180y 2140Alm.0.

The equations are as follows: min C = 40x+50ySubject to constraints:140x+100y≥1540or…

Answered: recycler to open up a plant in town.…

recycler to open up a plant in town. How many days per week should the county open each center to minimize its cost and still meet the recycler's needs?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter12: Environmental Protection And Negative Externalities

Section: Chapter Questions

Problem 11SCQ: The state of Colorado requires oil and gas companies who use fracking techniques to retune the land...

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Intermediate MicroeconomicsProblem Set 10.Submission options:â€¢ in person during lectures or TA sessions;â€¢ in Xiaoye Liaoâ€™s mail box at 19 West 4th, 6th Floor;â€¢ (less recommended) e-mail Xiaoye Liao atxl775@nyu.eduâ€“ in that case, be sure to use the subject line: â€œSubmission Problem Set 10â€.Exercise 1Consider a game of rock-scissor-paper. There are two players, player 1 and player 2,and the winner receives $1 from the loser (if they draw, nothing happens). They playthis game simultaneously.1. What kind of game is this? Express this game in normal form.2. What are the set of possible actions and strategies?3. Find all Nash equilibria of this game.Exercise 2Consider a game represented by the following payoff matrix. Find all pure strategyNash equilibria. UMD LCR?10, 0 ?10, ?1 ?10, ?1?8, ?8 0, ?102, ?14, 57, ?101, 1 Exercise 3Consider a game represented by the following…
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