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kondor19780726 [428]
3 years ago
6

Bennie’s Radiator Shop has installed a new machine that increases production by 200 units. Each unit sells for $30. What is the

marginal revenue product of the new machine? a.$6,000 b.$30 c.$170 d.$200 units Insufficient data
Business
1 answer:
Tpy6a [65]3 years ago
4 0

Answer:

b.$30 

Explanation:

Marginal revenue is change in revenue by increasing output by one unit.

Therefore, the marginal revenue is $30 

I hope my answer helps you

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Maggie Stewart loves desserts. But, due to weight and cholesterol concerns, she has decided that she must plan her desserts care
nika2105 [10]

Answer:

The option that maximizes Maggie's taste index is 1 snack bar and 2 ice creams

Explanation:

<u>snack bar</u>                  <u>ice cream</u>

37 grams                   65 grams

120 calories              160 calories

5 grams of fat           10 grams of fat

Maggie wants to consume up to 450 calories and 25 grams of fat, but she needs at least 120 grams of dessert per day. Ice cream taste 95, snack bars 85.

  • maximize taste index = [85(37X) + 95(65Y)] / (37X + 65Y)
  • 5X + 10Y ≤ 25 ⇒ CONSTRAINT 1
  • 120X + 160Y ≤ 450 ⇒ CONSTRAINT 2
  • 37X + 65Y ≥ 120 ⇒ CONSTRAINT 3
  • X ≥ 0 ⇒ CONSTRAINT 4
  • Y ≥ 0 ⇒ CONSTRAINT 5

maximum possible combinations following constraint 1, 4 AND 5:

  • option 1: 1 snack bar - 2 ice creams (5 + 20 = 25)
  • option 2: 2 snack bars - 1 ice cream (10 + 10 = 20)
  • option 3: 3 snack bars - 1 ice cream (15 + 10 = 25)

possible combinations following constraint 2:

  • option 1: 1 snack bar - 2 ice creams (120 + 320 = 440)
  • option 2: 2 snack bars - 1 ice cream (240 + 160 = 400)

possible combination following constraint 3:

  • option 1: 1 snack bar - 2 ice creams (37 + 130 = 167)
  • option 2: 2 snack bars - 1 ice cream (74 + 65 = 139)

since we only have two possibilities, we can calculate which one generates the highest taste index

maximize taste index = [85(37X) + 95(65Y)] / (37X + 65Y)

  • option 1: 1 snack bar - 2 ice creams = [85(37) + 95(130)] / (37 + 130) = (3,145 + 12,350) / 167 = 92.78
  • option 2: 2 snack bars - 1 ice cream = [85(74) + 95(65)] / (74 + 65) = (6,290 + 6,175) / 139 = 89.68

5 0
3 years ago
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