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Average revenue is the derivative of total revenue
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- What is true about the relationship between marfinal revenue and marginal costs when profit is the greatest?An art dealer buys a rare painting for $100000 and resells it for $125000. Express her profit as a percentage of the original price paid for the painting?SNJOXNJE1/a/NTE1MDg2Mzk5MDY1/details Open with Google Docs EOQ QUESTIONS Question one Determine optimal number of needles to order, given D = 2,000 units, S = $15 per order, H = $.50 per unit per year. Question Two Calculate the Total annual cost D= 1,500 units Q*=250 units S $10 per order N = 5 orders per year H= $.50 per unit per year T= 50 days. Question Three The following information is given to you D= 19,000 units/yr, H = $4/unit/year, S= $25/order. Calculate the EOQ, Annual holding cost and annual ordering cost. Question Four The following information is given to you, D= 200units/yr; H= $4/unit/lyear, Q= 60. Calculate the annual setupcost. Question Five 1/ 3 1. An auto parts supplier sells Hardy brand batteries to car dealers and auto mechanics. The Page
