We have the following K-T conditions: 1-10z + 3 – 62 <0 & x>0 & x(10z+3 – 62) = 0 2-10x + 1 – 31 <0 & z20 & z(10x +1– 32) = 0 3-3 – 6x – 3z 20 & 120 & (3 – 6x – 3z) = 0 Which of the following best represents the problem associated with those K-T conditions?
Q: Hudson Corporation is considering three options for managing its data processing operation:…
A: HI student, Thanks for posting the question. As per the guideline we are providing answer for the…
Q: Identify the following variables as either discrete or continuous: (a) The number of times heads…
A: As per the guidelines, we only answer first three sub-parts at a time. Please resubmit the other…
Q: State any five assumptions of the benchmark mode and highlight the weaknesses of those assumptions
A: Benchmarks:- Benchmarks are benchmarks against which you may measure your performance to that of…
Q: Now we have that AVC achieves it's minimum when q = 3. Find the minimum value that the AVC reaches…
A: The main objective of any firm is profit maximization and a firm maximizes its profit by producing…
Q: d every 9,000 miles along with the oil (5 quarts). Between each oil change, one quart of oil must be…
A:
Q: A building contractor is faced with the problem of possibly paying liquidation damages of PhP…
A: Building contractors Liquidated Damage = 20,000 per day for delay. No. of days left for contract…
Q: The city of cebu has recorded one of the highest cases of the Covid 19 virus. This has greatly…
A: A economic recovery is the period of the business cycle following a downturn. The general business…
Q: What is the economic and social consequences covid -19 had on small business
A: The small business could suffer a bad circumstances because of the pandemic of covid -19 in padmic…
Q: A villager estimates that if he picks his orange crop now, he will obtain 2000 boxes of apples,…
A: If the crops are picked on the same day, he will have to sell less boxes. If he sells it a week…
Q: A hypothetical
A: ISO 14001 is the standard set by the international government for the efficient and effective…
Q: Johansen Methodology is necessary if _______ a. cointegration vectors has Markow switching…
A: Johansen method is used in time series analysis. Cointegration is method is used to test the…
Q: Suppose that the annual maintenance cost of a public park is $40,000. The park has no entrance fee…
A: Total cost is the summation of total variable cost and total fixed cost. Total fixed cost is the…
Q: If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is:
A: Total Cost (TC): - it is the sum of fixed and variable costs incurred in the production process.…
Q: A clothing manufacturer makes trousers,skirts and blouses.Each trouser requires 20 minutes of…
A: Given information about the times required can be represented as a table below: The time in table is…
Q: Canadian oil company is considering whether or not to develop a site it has been exploring for the…
A: Sunk cost is the cost that the company has incurred and cannot be recovered. Here the company…
Q: A manufacturer of a new patented product has found that he can sell 70 units a week to the customer…
A: We are going to find the demand function to answer this question.
Q: An electronics retailer wants to send codes for $10 off a pair of headphones to the subscribers…
A: Given: Number of letters = 22 Number of digits = 8 Number of letters in a code = 2 Number in digits…
Q: The total construction cost of a typical chemical processing system made up of three subsystems is…
A: Given, Cov (X2, X3) = 0.0937= E(X2, X3) - E(X2) E(X3) 0.0937 = E(X2 X3) - 0.1*0.1 Therefore , E(X2…
Q: Hotpot stoves use a standard oven insulation. To test its effectiveness they take random samples…
A:
Q: Only the (a) part. Answer is (6x+2y)/(12y.y+2x) but I need to know the path please. thank you.
A: Implicit function rule means that there is a regular point (a, b) of the implicit curve. The…
Q: The one-day return to investors who purchase IPO shares at the IPO offer price are ____, and the…
A: An initial public offering refers to a public offering in which shares of a company are sold to…
Q: Q.5 A firm is making two products A & B. Each unit of A incurs a cost of production to the tune of…
A: Let x be the no. of units produce of product A and y be the no. of units produce of Product B Hence…
Q: The correlation matrix between the variables is given X, Y,Z, U, W, V: 1 0,96 1 0,88 0,91 1 R= 0,46…
A: Correlation states the association between the 2 variables. The range of correlating is 0 t0 1. It…
Q: The Food Max grocery store sells three brands of milk in half-gallon cartonsits own brand, a local…
A: Given: The Food Max grocery store sells three brands of milk i.e. Half-gallon cartoonists own brand…
Q: Why is (P2-P1/2T) and (P1-P2/2T) not multiplied by S for the q1 and q2 equations in the first line?
A:
Q: A 6-foot sub valued at $25 is divided among five players (P1, P2, P3, P4, P5) using the last…
A: Given; Player 2 Player 3 Player 4 Player 5 Value of current C-piece $3.50 $7.00 $6.50 $4.00…
Q: Soft selling occurs when a buyer is skeptical of the usefulness of a product and the seller offers…
A: A sales representative is trying to sell a company a new accounting system that will reduce the…
Q: Focus on the difference between feasible alternatives (Principle 2) Insulated concrete forms (ICF)…
A: Cost of construction of a conventional wood frame house :$130 per sqft.Total Carpet area of house =…
Q: is the following statement true if f(x) = (-2)x, then f(a-1)/f(a-4) = 8
A: Given function: f(x) = (-2)x
Q: Assume there is a certain population of fish in a pond whose growth is described by the logistic…
A: Percentage change in a particular variable over a specific period is called growth rate. The…
Q: For each of the following situations, find the critical value(s) for z or t. a) H, p=0.6 vs. HA p…
A: Z value is a statistical measurement which is examined under normal distribution. Critical region is…
Q: A company operating under a continuous review system has an average demand of 50 units per week for…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Soft selling occurs when a buyer is skeptical of the usefulness of a product and the seller offers…
A: A sales representative is trying to sell a company a new accounting system that will reduce the…
Q: A cable television company estimates that with x thousand subscribers, its monthly revenue and cost…
A: Break even points is the point where firm earn normal profit which is situation of neither profit…
Q: The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $580 per person…
A: Amount charged by the owner of a luxury motor yatch= $580 Number of people signed for cruise= 20 Let…
Q: Global passenger traffic demand was down by 58.4 per cent over pre-pandemic 2019 levels with the…
A: The demand curve shows the association between the amounts of commodity demanded by the consumer at…
Q: It is well established that indoor air quality (IAQ) has a significant effect on general health and…
A: The net monetary benefit is calculated by subtracting all types of cost from all types of benefits…
Q: In the design of a jet engine part, the designer has a choice of specifying either an aluminum alloy…
A: In the design of a jet engine part, the designer has a choice of specifying either an aluminium…
Q: A company produces and sells luxury goods and is able to control the demand for the product by…
A: The range of profitable output per year is the range of output the profits of the company are…
Q: Global passenger traffic demand was down by 58.4 per cent over pre-pandemic 2019 levels with the…
A: The airline industry's supply side factors, which include factors such as frequency of service, seat…
Q: An adverse materials price variance of £1,001 has been reported for the period. Actual expenditure…
A: Standard Cost refers to an estimated expense that normally causes during the production of a…
Q: The coefficients of the estimated equation 6 tell you: • that the expected price for a house in the…
A: The models are used to describe relationship between the variables. The dependent variable is y and…
Q: The ore of a gold mine in the Mountain Province contains, on the average, 0.5 gram of gold per ton.…
A: Profit per gram = Price per gram - Processing cost per gram
Q: In California, biodiesel fuel is produced using a combination of soybean oil (S) and cooking grease…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: Solow model without technological change. The exogenous parameters take on the following values: a…
A: Golden study state is reached where the slope of production function is equal to the slope of break…
Q: A clothing manufacturer makes trousers, skirts and blouses. Each trouser requires 20 minutes of…
A: The following information is given: Let P, Q, and R is the numbers of trousers, skirts, and…
Q: A car rental agency is considering a modification in its oil change procedure. Currently, it uses a…
A: Following is the given values: Cost of type X filter = $4.75Filter changed every = 9000 miles Number…
Q: Both an emission tax and a tradable discharge permit scheme *have not yet been applied to situations…
A: Emission tax and tradable permits are the tools to control the pollution at different price level.
Q: A local college is deciding whether to conduct a campus beautification initiative that would involve…
A: Cost-benefit-analysis is the method used to measure the advantages of a decision or taking action…
Step by step
Solved in 2 steps with 2 images
- A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MU, while for the international market it is 15 MU.The company has the capacity to produce up to 10 tons of strawberries for sale and according to SAG restrictions, it must dedicate at least 10% of production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.d) There is the option of buying new machinery to increase the production capacity of the company. In what range should the new machine increase production capacity to suit the company? How…suppose an industry consists of 10 identical firms with no fixed cost and marginal cost equal to MCi = 2qi (e.g., the marginal cost of the 20th unit is $40, the marginal cost of the 200th unit is $400, etc.). Further, suppose that the market demand in the industry is P = 840 - .5Q, where Q = ∑qi is the aggregate quantity from all 10 identical firms. Finally, ignore the possibility of new entrants beyond the 10 current firms. Maintaining the same assumptions as in the prior question, suppose now that the 10 firms collude and set quantity to maximize industry profits. Assuming that the 10 firms each produce an equal amount, how much will each firm produce this collusive equilibrium? Give typed answer correctly with proper explanation ASAPThe demand function for Newton’s Donuts has been estimated as follows:Qx = -14 – 54Px + 45Py + 0.62Ax where Qx represents thousands of donuts; Px is the price per donut; Py is the average price per donut of other brands of donuts; and Ax represents thousands of dollars spent on advertising Newton’s Donuts. The current values of the independent variables are Ax=120, Px=0.95, and Py=0.64.Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary. Calculate the price elasticity of demand for Newton’s Donuts and describe what it means. Describe your answer and show your calculations. Derive an expression for the inverse demand curve for Newton’s Donuts. Describe your answer and show your calculations. If the cost of producing Newton’s Donuts is constant at $0.15 per donut, should they reduce the price and thereafter, sell more donuts (assuming profit maximization is the company’s goal)? Should Newton’s Donuts spend…
- The cumulative learning curve coefficient CLCC(20, 0.8) is defined as follows:a. the cost to produce 20 units in a process with c(1) = 1 and a learning rate of 0.8.b. the cost to produce one unit in a process with c(1) = 20 and a learning rate of 0.8.c. the cost to produce one unit in a process with c(1) = 1 and a learning rate of 0.820.d. the cost to produce the 20th unit in a process with c(1) = 1 and a learning rateof 0.8.Need complete solution. A company produces and sells a consumer product and thus far has been able to control the volume of the product by varying the selling price. The company is seeking to maximize its net profit. It has been concluded that the relationship between price and demand, per month, is approximately D = 500 - 5p, where p is the price per unit in dollars. The fixed cost is $1,000 per month, and the variable cost is $20 per unit. Obtain the answer mathematically to the following questions: a.What is the optimal number of units that should be produced and sold per month? b. What is the maximum profit per month? c.What are the breakeven sales quantities and the range of profitable demand volume?The branch manager of an international bank in Kuala Lumpur, Malaysia, has received a memorandum from senior executives at the head office of the bank instructing the manager to ensure that the average queuing time for customers waiting to see a cashier is no more than 5 minutes. Since receiving this directive, the manager has been informally checking queuing times and is very confident that the average time customers spend waiting to see a cashier is currently 5 minutes or less. You have now been brought in to undertake an audit of queuing times to check that they are in accordance with the senior executives’ directive. State the null and alternative hypotheses you will be using in this instance.
- At an output of 14, MC = $50 and ATC = $55. At an output of 15, MC = $65 and ATC= $56. Estimate the ATC at the break-even pointA strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MUs, while for the international market it is 15 MUs.The company has the capacity to produce up to 10 tons of strawberries for sale and, according to SAG restrictions, it must dedicate at least 10% of its production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.a) Raise the NLP model that allows maximizing the net profit for the companyb) State the KKT conditions for the problem and indicate whether they are necessary and / or sufficient.c)…Please show the step by step and complete solution. The answer must be ₱106,116.59
- The manager of a sole distributorship for a famous brand of automobiles was discussing with the assistant manager the planned introduction by mid-year of a new model, the XP-60. It was decided earlier that the price be set at P400,000, at which level the total number of units sold was estimated at 500 units annually. The assistant manager has suggested that the price should be set at a somewhat lower level, say, at P360,000 to attract a major segment of the non-targeted market. At this lower price, 1,000 units are expected to be sold. 1. What is the total revenue (TR) function? 2. What is the marginal revenue (MR) function? 3. What is the marginal revenue at the originally proposed price and at the recommended lower price?The manager of a sole distributorship for a famous brand of automobiles was discussing with the assistant manager the planned introduction by mid-year of a new model, the XP-60. It was decided earlier that the price be set at P400,000, at which level the total number of units sold was estimated at 500 units annually. The assistant manager has suggested that the price should be set at a somewhat lower level, say, at P360,000 to attract a major segment of the non-targeted market. At this lower price, 1,000 units are expected to be sold. 1. Will total revenue increase or decrease as a result of the decision to reduce the price? If so, by how much? a. Increase by P 160M b. Decrease by P 80,000 c. Decrease by P 160M d. Increase by P 80,000 2. Using the concept of elasticity, how much is the price of the product that will yield the highest total revenue? 3. Using the concept of elasticity, how many units of the product must the firm sell to maximize its total…The manager of a sole distributorship for a famous brand of automobiles was discussing with the assistant manager the planned introduction by mid-year of a new model, the XP-60. It was decided earlier that the price be set at P400,000, at which level the total number of units sold was estimated at 500 units annually. The assistant manager has suggested that the price should be set at a somewhat lower level, say, at P360,000 to attract a major segment of the non-targeted market. At this lower price, 1,000 units are expected to be sold. What is the firm’s price function of demand for the product given the estimates and projections made?