The bundle that is going to maximize profit is going to be Late
<h3>How to find the bundle that would maximize profit</h3>
we have the net profit from early to be 7 + 5 = 12
We have the net profit from late to 6 + 10 = 16
We can see that the value for late is greater at 16 compared to that of the early.
Hence we can say that late has the greatest profit.
Next we have to solve for the profit that is made. This is the net profit.
The solution is given as 16 - 12 = 4
<h3>What is profit maximization</h3>
This is the process where by businesses would try to get the best output possible from the given inputs that they would use in the business. It goal is to be able to maximize the returns that they would make.
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35 its just 5 x 7 you multiply the number of eggs by how many minutes.
Answer:
25%
Explanation:
Calculation for the proportion of Machining activity used by Product 5
Using this formula
Machining activity = Product 5 Machine hours /Total machine hours
Let plug in the formula
Machining activity = 1,100/4,400
Machining activity = 0.25×100
Machining activity = 25%
Therefore the proportion of Machining activity used by Product 5 is 25%
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<span>An investor invests 70% of her wealth in a risky asset with an expected rate of return of 15% and a variance of 5%, and she puts 30% in a Treasury bill that pays 5%. Her portfolio's .... To form a complete portfolio with an expected rate of return of 11%, you should invest ______ of your complete portfolio in Treasury bills.</span>