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- Сopy A pgcconline.blackboard.com/webapps/assessment/take/launch.jsp?course_assessment_id%3 565711 1&course_id%3 400714 1&content_id= 143.. Remaining Time: 1 hour, 57 minutes, 20 seconds. Question Completion Status: QUESTION 8 Fill in the blanks with the number adjacent to the correct word or phrase in the word bank below: 1. movement along 2. demand schedule 3. change in demand 4. negative 5. quantity demanded 6. price 7. increase 8. reduction 9. quantity 10. shift 11. demand schedule 12. demand curve 13. change in demand 14 The of a good or service is the quantity buyers are willing and able to buy at a particular price during a particular period, all other things unchanged. A is a table that shows the quantities of a good or service demanded at different prices during a particular period, all other things unchanged. A is a graphical representation of a demand schedule. On a graph is on the vertical axis and is on the horizontal axis. A change in price, with no change in any of the…Given: TC = 3,000 + 100Q TC = 3000 + 100Q ATC = Q = 10 AC = TC / Q TC = 3000 + 100*10 = 4000 ATC = 4000/10 = 400 MC = ∆TC / ∆Q = 100 How do you figure the Fixed Cost with Fomula?A manufacturing company plans to expand their production and logistics facility into one of the countries listed in the following table. The cost of building such facilities in each country differ based on the state of its economic and political climate. Three cost estimates were made per country in million dollars. What is the best decision alternative using MAXIMAX CRITERION and its cost? Economic/Political Climate Country Decline Same | Improve South Korea 21.7 19.1 15.2 China 19.0 18.5 17.6 Taiwan 19.2 17.1 14.9 Philippines 22.5 16.8 13.8 Мexico 25.0 21.2 12.5
- There is no D* for this Scenario 1 situation: p =40 − 0.2D and TC= $100 + $50D. True FalseFeasibility frontiers are typically drawn downward sloping and concave to the point of origin as depicted in the figure below: 100 90 80 70 60 50 40 30 20 10 24 Hours of free time per day Why do feasibility frontiers have this shape? Why can't feasible frontiers be convex? Can feasibility frontiers be a straight line instead of a curve? Why/why not? Final gradevate X Student Portal | Main CENGAGE MINDTAP gage.com/static/nb/ui/evo/index.html?deploymentid=57962518850017814342930411958eISBN=9781337106603&id=1810088554&snapshotid=3502477& Problems: Chapters 21 and 22 The cost the upstream mill incurs for producing enough paper (one "unit" of paper) to make one unit of boxes is $12.50. X Assume the two mills operate as separate profit centers, and the paper mill sets the price of paper. It follows that the marginal profitability of boxes represents the highest price that the box division would be willing to pay the paper division for boxes.. Furthermore, assume that fixed costs are $0 for the paper mill. Price (Marginal Profitability to the Box Mill) ($) The following table summarizes the quantity, total revenue, and marginal costs from the perspective of the paper mill for selling paper to the box mill at various prices. $40 $36 $32 $28 $24 $20 $16 $12 $8 $4 ECN-601 Class Resources In the following table, fill in the marginal revenue, total…
- a) Describe, in general, the flow of the decision-making process in economic engineering. b) Calculate the equilibrium price and quantity corresponding to a scenario with a demand curve represented by Cd = 1600 - 30Pb and a supply curve represented by Co = 1400 + 70Pb. c) Calculate the new quantities supplied and demanded for the scenario of letter 'b', assuming a 10% increase in the equilibrium price found above.You get a discount on items when you order 500. The price of the item is $10 if you order less than 100 and $9 if you order 100 or more. The holding cost of the item is $2 per year. The setup cost is $20. The demand for the item is 2000 per year. Compute the optimal EOQ.Question 2. For a vending machine project, the site cost=5,000 SR/month, material cost=0.5 SR/unit, and insurance cost = 400 SR/month, the labor cost = 1,000 SR/month, unit price = 1 SR/unit, and electricity cost = 100 SR/month and = 0.1 SR/unit. a) Find the Unit Contribution and the Breakeven Quantity. b) Determine the Total Contribution and Total Profit at sales of Q = 25,000 units.
- A cell phone company has a fixed cost of $1,000,000 per month and a variable cost of $22 per month per subscriber. The company charges $33 per month to its cell phone customers. a.What is the annual breakeven point for this company? b. The company currently has 95,000 subscribers and proposes to raise its monthly fees to $39.95, what is the new annual break-even point if the variable cost increases to $25 per customer per month? c.lf 20,000 subscribers will drop their services because of mönthly increase in part (b), will the company still be profitable?Your college newspaper. The Collegiate Investigator, has fixed production costs of $70 per edition, and margınal printıng and distribution costs of 0.40 S/copy. The Collegiate Investigato sells for 0.50S/copy. a) Write down the cost function and revenue.What can you say about negative and positive gross margin in sensitivity analysis