4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5 units and D'2 = 19.8 units that means: a) If the company produced between 9 pumps and 19 pumps, it will make profit. b) If the company produced between 9 pumps and 50 pumps, it will make profit. c) If the company produced between 8 pumps and 19 pumps, it will make profit. d) If the company produced between 8 pumps and 20 pumps, it will make profit.
4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5 units and D'2 = 19.8 units that means: a) If the company produced between 9 pumps and 19 pumps, it will make profit. b) If the company produced between 9 pumps and 50 pumps, it will make profit. c) If the company produced between 8 pumps and 19 pumps, it will make profit. d) If the company produced between 8 pumps and 20 pumps, it will make profit.
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
Section: Chapter Questions
Problem 1.8CE
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![4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5
units and D'2 = 19.8 units that means:
a) If the company produced between 9 pumps and 19 pumps, it will make profit.
b) If the company produced between 9 pumps and 50 pumps, it will make profit.
c) If the company produced between 8 pumps and 19 pumps, it will make profit.
d) If the company produced between 8 pumps and 20 pumps, it will make profit.
5) In the learning curve equation Z = Ku", the term "n" represents:
a) The labor time required to produce the first unit.
b) The labor time required to produce the last single unit.
c) The cumulative number of units
d) The index of learning](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8c74192f-828c-47dd-b3be-a625dd05a692%2Fb0fbf802-321d-486a-8014-0fac90c7dcd5%2Fr2m3stm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5
units and D'2 = 19.8 units that means:
a) If the company produced between 9 pumps and 19 pumps, it will make profit.
b) If the company produced between 9 pumps and 50 pumps, it will make profit.
c) If the company produced between 8 pumps and 19 pumps, it will make profit.
d) If the company produced between 8 pumps and 20 pumps, it will make profit.
5) In the learning curve equation Z = Ku", the term "n" represents:
a) The labor time required to produce the first unit.
b) The labor time required to produce the last single unit.
c) The cumulative number of units
d) The index of learning
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