The supply curves for Firm A and Firm B are shown in the figure to the right.12-SBSASuppose a quota on how much can be supplied by Firm A is imposed, limiting it to-producing quantity of no more than 6,000 units.10-1.) Use the multipoint curve drawing tool to completely redraw Firm A's supplycurve, showing the effect of the quota. Label it 'Souota8-2.) Use the multipoint curve drawing tool to draw the total supply curve in the caseof a quota. Label it 'Sotal-Carefully follow the instructions above, and only draw the required objects.10121416Quantity (thousands)After plotting the final point of your multipoint curve, press the Esc key onkeyboard to end the line.étvOCTW...MacBook Air...Price ($ per unit)

Answer:----. Date:----3/10/2021

Answered: The supply curves for Firm A and Firm B…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Suppose the manufacturer wants to incorporate a nonzero minimum policy; in other words, producing 0 of any type of drink will not be acceptable. From previous company records, the manufacturer decides to produce at least 20 gallons of cranpple juice and 10 gallons of appleberry juice. What is the optimal production policy now?
Suppose now that the government decides to increase the number of quotas available to 72 units, but keeps the price support at the current level of $72. calculate the consumer surplus the producer surplus Deadweight loss which if the two options would be preferred by the producers? which of the two options would be preferred by a society as a whole?
A pharmaceutical firm wishes to allocate Php50,000 towards advertising in newspapers and magazines. The intention of the firm is to maximize the exposure of its advertisements. Each page of the leading newspapers costs Php500 and each page of the magazine costs Php1,000. It is guaranteed that each page of the magazine will reach an audience of 250,000, while 50,000 persons will read each page of the newspaper advertisement. Furthermore, it is specified that at least one page of the magazine and newspaper will be allocated for the firm's advertisement. Find the number of pages of magazine advertisement that will maximize exposure and still remain within the Php50,000 budget. Solve using graphical method. Newspaper Magazine Limitations 1 1 1. 500 1000 50,000 50,000 250,000
A pharmacist wants to establish an optimal inventory policy for a new antibiotic that requires refrigeration in storage. The pharmacist expects to sell 2400 packages of this antibiotic at a steady rate during the next year. She plans to place several orders of the same size spaced equally throughout the year. The ordering cost for each delivery is $12, and carrying costs, based on the average number of packages in inventory, amount to $4 per year for one package. Use this information to answer the following questions. a) Let x be the order quantity and r the number of orders placed during the year. Find the inventory cost (ordering cost plus carrying cost) in terms of x and r. b) Find the constraint function. c) Determine the economic order quantity that minimizes the inventory cost and then find the minimum inventory cost. X=__________ C=$___________
The government of Grenada wishes to rebuild the West coast road that leads to the north of the island to help alleviate traffic congestion and to provide users with a safer road network. The government of Grenada has approached two (2) contractors for an estimate. They are required to submit a proposal that details the cost combination of labour (L), machinery (M), and technology (T) in achieving their expected total cost, total profit, and total revenue. Contractor 1 Two labour, four machinery, and three technology will result in a total cost of thirty-three dollars. While one labour, two machinery, and one technology give a total profit of fifteen dollars. Lastly, ten labour, five machinery, and six technologies result in total revenue of eighty-three dollars. Contractor 2 No Proposal was submitted. a) From Contractor I's proposal, derive three (3) simultaneous equations. b) From the answer to part a) above, set these equations in matrix form c) Given that the government of Grenada…
The government of Grenada wishes to rebuild the West coast road that leads to the north of the island to help alleviate traffic congestion and to provide users with a safer road network. The government of Grenada has approached two (2) contractors for an estimate. They are required to submit a proposal that details the cost combination of labour (L), machinery (M), and technology (T) in achieving their expected total cost, total profit, and total revenue. Contractor 1 Two labour, four machinery, and three technology will result in a total cost of thirty-three dollars. While one labour, two machinery, and one technology give a total profit of fifteen dollars. Lastly, ten labour, five machinery, and six technologies result in total revenue of eighty-three dollars. Contractor 2 No Proposal was submitted. From Contractor 1’s proposal, derive three (3) simultaneous equations. b) From the answer to part a) above, set these equations in matrix form c) Given that the government of Grenada…
The City Council proposed to utilize a government-owned land with an area of 21,600 square meters. One-third of it will be used for a picnic area while the rest of the land will be planted by mango trees. As the city engineer, you were tasked to determine the following and illustrate its graph: 1. The dimensions of the picnic area with minimum cost of fencing given that area is to be rectangular and to be fenced off on three sides not adjacent to the highway. 2. The number of mango trees that leads to a maximum yield given that if 50 trees are planted, the average yield per tree will be 400 kilos while the average yield will decrease by 2 kilos per tree for each additional tree in the same area due to overcrowding.
Please help ASAP In Example 10.2, suppose that the vehicles operate according to the following scheduling rule in order to minimize the distances the vehicle travel empty: vehicles delivering raw work parts from station 1 to stations 2, 3, and 4 must pick up finished parts at these respective stations for delivery to station 5. (a) Determine the empty travel distances associated with each delivery and develop a from-to chart in the format of Table 10.5 (b) The AGVs travel at a speed of 50 m/min and the traffic factor = 0.90. Assume reliability = 100%. From Example 10.2, the delivery distance Ld = 103.8 m. Determine the value of Le. (c) How many automated guided vehicles will be required to operate the system?
what is the minimum cost of moving all bulldozers to the sites?
A pharmacist wants to establish an optimal inventory policy for a new antibiotic that requires refrigeration in storage. The pharmacist expects to sell 3000 packages of this antibiotic at a steady rate during the next year. She plans to place several orders of the same size spaced equally throughout the year. The ordering cost for each delivery is $15,and carrying costs, based on the average number of packages in inventory, amount to $4per year for one package. Use this information to answer the following questions. (a) Let x be the order quantity and r the number of orders placed during the year. Find the inventory cost (ordering cost plus carrying cost) in terms of x and r. C=______ (b) Find the constraint function. (c) Determine the economic order quantity that minimizes the inventory cost and then find the minimum inventory cost. x=_________ C=$________
The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 700 homeless patients and no more than 620 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $13,000 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $9,000 per month. How many of each type of patient should it house in order to maximize profit? Group of answer choices A)700 homeless patients and 1,100 high-income patients B)1,200 homeless patients and 600 high-income patientsC)700 homeless patients…
The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 700 homeless patients and no more than 620 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $13,000 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $9,000 per month. How many of each type of patient should it house in order to maximize profit?

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