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4 years ago

11

If your target audience is parents, what should you do in your ad for maximum appeal? show them your product is elegant show the

m your product has value show them your product is exciting show them your product is fun

1 answer:

Cerrena [4.2K]4 years ago

6 0

Show them your product has value

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Let S represent the amount of steel produced (in tons). Steel production is related to the amount of labor used (L) and the amou

Phantasy [73]

Solution

S = 15 x $L^{0.2}$ x $C^{0.8}$

Total cost, T = wL + rC = 50L + 100C

Total revenue, R = Output price (P) x Quantity = P x 15 x $L^{0.2}$ x $C^{0.8}$

(a)

Optimization problem will be:

Max R = P x 15 x $L^{0.2}$ x $C^{0.8}$

Subject to T = 50L + 100C

(b) When S = 50,000

Cost is minimized when (MPL / MPC) = w / r

MPL = $\partial$ R / $\partial$ L = P x 15 x 0.2 x $(C / L)^{0.8}$ = P x 3 x $(C / L)^{0.8}$

MPC = $\partial$ R / $\partial$ C = P x 15 x 0.8 x $(L / C)^{0.2}$ = P x 12 x $(L / C)^{0.2}$

MPL / MPC = (3/12) x (C / L) = 50/100

C / 4L = 1/2

4L = 2C

2L = C

Substituting in production function,

15 x $L^{0.2}$ x $C^{0.8}$ = S

15 x $L^{0.2}$ x $(2L)^{0.8}$ = 50,000

15 x $2^{0.8}$ x $L^{0.2}$ x $L^{0.8}$ = 50,000

L = 50,000 / (15 x 20.8)

L = 1,914.50

C = 2L = 3,829.00

Total cost ($) = 50 x 1,914.50 + 100 x 3,829.00 = 95,725.00 + 382,900 = 478,625.00

Note: This optimization problem can be solved without using Solver too, as shown here.

6 0

3 years ago

A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities.

Burka [1]

Answer:

new pretax net interest income = $300,000

Explanation:

given data

interest rate spread = 150 basis points

interest bearing liabilities = $30 million

to find out

bank's new pretax net interest income will be

solution

we will get bank's new pretax net interest income that will be express as

new pretax net interest income = $30 million × ( 1.5 % - 0.5 % ) ...............1

solve it and we get

new pretax net interest income = $30 million × ( 1.5 % - 0.5 % )

new pretax net interest income = $30,000,000 × ( 1 % )

new pretax net interest income = $300,000

7 0

3 years ago

Bob was married to Sandy, and they have a 12-year-old son. Sandy passed away last year. Bob needs to complete his federal income

lukranit [14]

Answer:

Qualifying widower with a dependent child

Explanation:

By filing as a widower with dependent child (the child is a necessary qualification requirement), Bob can use the same tax bracket and retain the same benefits as filing as married. This means that his income will be taxed at a lower rate than if he had filed as single, and he will obtain the same deduction as a married couple (twice the deduction for a single filer).

6 0

3 years ago

East Valve Distributors distributes industrial valves and control devices. The Eastern control device has an annual demand of 9,

Mama L [17]

Answer:

1000

Explanation:

Given:

Annual DEMAND, D = 9375

Holding cost, H = 0.75

Cost per order, S = 40

The Economic order quantity :

EOQ = √[(2 * D * S) / H]

EOQ = √[(2 * 9375 * 40) / 0.75]

EOQ = √[(750000) / 0.75]

EOQ = √1000000

EOQ = 1000

5 0

3 years ago

An energy guide label is NOT required in which of the following items?

Vadim26 [7]

Answer: i would say a blender

Explanation: most small appliances don't have them

4 0

3 years ago