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KiRa [710]
3 years ago
10

Kevin is an auto mechanic. He spends 33 hours when he replaces the shocks on a car and 22 hours when he replaces the brakes. He

works no more than 5454 hours a week. He routinely completes at least 44 shocks replacements and 66 brake replacements a week. If he charges ​$500500 for labor replacing shocks and ​$250250 in labor for replacing​ brakes, how many jobs of each type should he complete a week to maximize his​ income?
Business
1 answer:
ahrayia [7]3 years ago
8 0

Answer:

To maximize income, Kelvin should use 5445 hours to replace 165 shocks.

Explanation:

The number of hours taken for replacing the shocks is 1.5 times higher than replacing the brakes. (1.5 = 33 hours/ 22 hours)

While the income from replacing the shocks is double/ 2 times higher than replacing the brakes (2.0 = $500500/$250250)

It’s viable that replacing the shocks is more effective in term of income compared to hours  taken.

If Kevin use his maximum 5,454 hours a week for replacing the shocks, then he can replace 165 shocks and earn $82,582,500.

If the customer resource is unlimited, then it It is better to focus on replacing shocks only.

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Assuming the Coase theorem applies, an efficient allocation of a resource will result ... A. only if the government acts to inte
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Answer:

B. through negotiations between the parties involved.

Explanation:

  • correct answer is through negotiations between the parties involved because According to Coase theory, priority rights are best defined by negotiation between the parties involved and there is no transaction cost in negotiations.                            
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Mortar Corporation acquired 80 percent of Granite Corporation's voting common stock on January 1, 20X7. On December 31, 20X8, Mo
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The debit adjustment to equipment would be $30,000.

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3 years ago
The process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting th
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5 0
2 years ago
Classifying items on the statement of cash flows Cash flow items must be categorized into one of four categories. Identify each
valentina_108 [34]

Answer:

Explanation:

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5 0
3 years ago
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