Use the table below to answer the following questions. b) Determine the minimum profit for Galaxy S3 so that it will attain a positive value in the optimal solution. c) Explain with reasons why reduce cost for galaxy3 is negative. d) If Francophone could raise their budget by GH¢1,500 per week or increase the weekly hours to 150, which should it choose? Advice. With reasons.
Use the table below to answer the following questions. b) Determine the minimum profit for Galaxy S3 so that it will attain a positive value in the optimal solution. c) Explain with reasons why reduce cost for galaxy3 is negative. d) If Francophone could raise their budget by GH¢1,500 per week or increase the weekly hours to 150, which should it choose? Advice. With reasons.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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B. Use the table below to answer the following questions.
b) Determine the minimum profit for Galaxy S3 so that it will attain a positive value in the
optimal solution. c) Explain with reasons why reduce cost for galaxy3 is negative.
d) If Francophone could raise their budget by GH¢1,500 per week or increase the weekly
hours to 150, which should it choose? Advice. With reasons.
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