When the cost of a resource is sunk, then the dual price can be interpreted as the a.maximum amount the firm should be willing to pay for one additional unit of the resource. b.minimum amount the firm should be willing to pay for one additional unit of the resource. c.maximum amount the firm should be willing to pay for multiple additional units of the resource. d.minimum amount the firm should be willing to pay for multiple additional units of the resource.

Q: A homeowner wants to build, along his driveway, a garden surrounded by a fence. (A rectangular…

A:

Q: If to produce 1 kg of mix A costs $12.50, 1 kg of mix B costs $12.40 and 1 kg of mix C costs $11.70,…

A: Given: Cost of 1 kg of mixture A=$12.50=$125 hundred of grams, Cost of 1 kg of mix B =$12.40=$124…

Q: ( Some airlines have restrictions on the size of items of luggage that passengers are allowed to…

A: Let L be the length of the luggage, W be the width of the luggage, and H be the height of the…

Q: How many shoes would be required to sell to earn an operating profit of P1, 000, 000 if the XYZ…

A:

Q: An apple grower finds that if he plants 80 trees per acre, each tree will yield 26 bushels of fruit.…

A:

Q: The Administration of the Uconn school of Business must plan the school’s course offerings for the…

A:

Q: Determine the minimum cost of a retailer of motorized bicycles whose cost function is C(q) = 4860/q+…

A: Here the given cost function is: C(q)=4860q+15q+750000

Q: 3. If the sum of two numbers is C, find the minimum value of the sum of their squares.

A:

Q: price she would break-even. She can sign up a total of 50 lesson slots per week. F

A: Introduction: By dividing all fixed costs by the cost per unit less variable costs, the break-even…

Q: A firm sells a product for $80 per unit. Raw material costs are $12.50 per unit, labor costs are…

A: Profit is the difference of revenue and cost. The formula of profit is given below:…

Q: Under her cell phone plan, Autumn pays a flat cost of $66 per month and $5 per gigabyte, or part of…

A: Given data: The given flat cost is F=$66. The cost per gigabyte is c=$5. The given budget is B=$80.…

Q: A farmer can buy two types of plant food, mix A and mix B. Each cubic yard of mix A contains 36…

A: Here,x: cubic yards of mix Ay: cubic yards of mix B

Q: A food manufacturing company wants to hire an auditing firm to asses their food safety performance.…

A: Given: For firm A: Charges for auditing = $42 per hour  Flat charge = $4500  For firm B: Charges for…

Q: Suppose a company has fixed costs of $57,600 and variable costs of 4 9 x + 222 dollars per unit,…

A:

Q: A homeowner wants to build, along his driveway, a garden surrounded by a fence. A rectangular garden…

A:

Q: Suppose that the supply function for a commodity is given by the equation  p = q2 + 2q + 20 (a)…

A: (a) Obtain the number of units supplied as follows. p=q2+2q+20Substitute p=595 as…

Q: The goal of the transportation model is to maximize the transportation cost. * True False

A: The transportation model is a special case of linear programming problems in which the objective is…

Q: A company manufacturs two different products, A and B .Each unit of product A costs $6 to produce,…

A: Let x units of product A and y units of product B be produced. According to the question, Each unit…

Q: How many product mix units must be sold to break even? How does it translate into sales of…

A:

Q: 1.) A retiree has 60 garden plots on which he could plant cabbage and pechay. His friend told him…

A: Since  you have posted a multiple  question according to guildlines I will solve first   question…

Q: A phone company offers two monthly plans. Plan A costs $8 plus an additional $0.18 for each minute…

A:

Q: Under her cell phone plan, Autumn pays a flat cost of $66 per month and $5 per gigabyte, or part of…

A: Given: Flat cost per month = $66 Cost per gigabyte(or part of gigabyte) = $5       To determine: The…

Q: A farmer can buy two types of plant food, mix A and mix B. Each cubic yard of mix A contains 20…

A:

Q: manufacturer estimates that the cost (C) of production of (x) units of a certain item is ? = 40? −…

A: Given query is to find the production level for minimum cost.

Q: Cabinet X costs $100, requires 15 sq ft of floor space, and holds 30 cu ft of files. Cabinet Y costs…

A: Let x and y denotes the number of cabinet of the type X and Y. Then given problem can be formulated…

Q: If the profit function for a firm is given by P(x) = −5700 + 220x − x2 and limitations on space…

A: NOTE: Refresh your page if you can't see any equations. . to find the break-even, take P=0

Q: 9. A student wishes to maximize the amount of poster space for an art exhibit. The requirements are…

A: As per our guidelines we are supposed to answer only one question.Kindly repost other question as…

Q: The policy of the Broadway Pawnshop is to lend up to 35% of the value of a borrower's collateral.…

A: First calculate the total value of the collateral. It is calculated by adding the prices of the…

Q: Some airlines have restrictions on the size of items of luggage that passengers are allowed to take…

A:

Q: contains 90 IU of vitamin A, 3 mg of vitamin B1, and 5 mg of vitamin C, and pill 2, which contains…

A: Since you have asked multiple questions,we will solve the first question for you.If you want any…

Q: The sum of the ages of Mylyn and Rhandale is less than or equal to 67. Mylyn is 11 years younger…

A: Topic:- algebra

Q: A wire 12 inches long is cut into two, one part is bent in the form of a circle, and the other into…

A: Given that, the length of the wire is 12 inches. Note that, the formula for area of the circle is…

Q: Some airlines have restrictions on the size of items of luggage that passengers are allowed to take…

A:

Q: A high school dietician is planning menus for the upcoming month. A new item will be spaghetti with…

A: Given that - A high school dietician is planning menus for the upcoming month. Anew item will be…

Q: The manager of an e-learning company identified a neW Course that they could create and sell for $85…

A:

Q: If a company sells a product for exactly the price they are willing to sell the product for, then...

A: In the question it is given that the company sells a product for exactly the price they are willing…

Q: A company makes two types of biscuits: Jumbo and Regular. The oven can cook at most 400 biscuits per…

A: We need to find the how many jumbo and regular biscuits company need to make to maximize the…

Q: Accra brewery Ltd is planning a marketing campaign for its new product targeted at the Youth, the…

A: Linear Programming: It is a technique of solving the problem and giving the optimizing solution that…

Q: If a school plans to spend $1,500 to serve 300 Cost of Serving School Lunches: 3 Companies students,…

A: According to the graph  Given condition  $1500 to serve 300 students

Q: A chicken farmer can buy a special food mix A at 20c per Kg and special food mix B at 40c per Kg.…

A: Let the farmer should buy x kg of food mix A and y kg of food mix B in order to minimize daily food…

Q: . The sum of two numbers is b, what is the minimum value for the sum of their cubes?

A:

Q: Health experts agree that cholesterol intake should be limited to 300 mg or less each day. Three…

A: Application of equation: Health experts agree that cholesterol intake should be limited to 300 mg or…

Q: If the sum of two numbers is 4, find the minimum value of the sum of their cubes. (А) 15 в) 13 c) 16…

A:

Q: If the profit function for a firm is given by  P(x) = −3800 + 210x − x2  and limitations on space…

A: According to the question,  Profit function for a firm is given by equation: P(x) = −3800 + 210x −…

Q: A company makes two types of biscuits: Jumbo and Regular. The oven can cook at most 200 biscuits per…

A: Let's find.

Q: Mom and Dad have decided to put themselves on a strict budget so that the family can save money to…

A: Cost:-A cost function is a mathematical formula used to used to chart how production expenses will…

Q: Under her cell phone plan, Autumn pays a flat .cost of $66 per month and $5 per gigabyte, or part of…

A:

Q: Assume a sales volume of 6000 units, unit selling price of $20, unit variable cost of $12, and total…

A: Given,  a sales volume of 6000 units, unit selling price of $20, unit variable cost of $12, and…

Q: he demand curve for a swivel chair is given by p=4000 (3-p) dollars per swivel chair, where p is the…

A: The given data is: p=40003-q To find what quantity will be demanded if the price per swivel chair is…