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2 years ago

15

Nergui buys only specialized mountain bikes because he believes they are the best product available. He will not buy any parts o

r accessories manufactured by other companies. Nergui is displaying

1 answer:

OlgaM077 [116]2 years ago

5 0

Nergui is displaying brand loyalty

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List five staple convenience goods that you or your household buys on a regular basis

Yuki888 [10]

Food
Shampoo
Conditioner
Body Soap
Hand Soap

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3 years ago

1. For a firm in a perfectly competitive market, the price of the good is always

andreyandreev [35.5K]

Answer:

A). equal to marginal revenue.

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

Price = marginal revenue = average revenue

4 0

2 years ago

The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: a. Operating acti

Yuri [45]

Answer:

b. Financing activities.

Explanation:In the financial activities section of the statement of cash flows, the operations related to the entry and exit of funds for activities that increase the liability or stockholders´equity, but that do not make the main activity of the company must be recorded. Such as: issuance of common stock for cash.

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2 years ago

Assume your university earns an average rate of return of 5.65 percent on its endowment funds. If a new gift permanently increas

Dennis_Churaev [7]

Answer:

The amount of the gift is 566,371.6814

Explanation:

Average rate of return = Average net profit / average investment

Average rate of return = 5.65% (5.65/100 = 0.0565)

average net profit = 32000

average investment = unknown

to calculate the amount of the gift which is investment in this case the same formula for Average rate of return will be used i.e

Average rate of return = Average net profit / average investment

0.0565 = 32, 000/ x

cross multiply

0.0565 x = 32,000

divide both sides by 0.0565

x = 32,000/0.0565

32,000/ 0.0565 = x

x = 566,371.6814

The amount of the gift is 566,371.6814

6 0

2 years ago

The Beef-up ranch feeds cattle for midwestern farmers and delivers them to processing plants in Topeka,Kansas and Tulsa, Oklahom

AfilCa [17]

Answer:

a. Min Z = 2x₁ + 2.50x₂ + 3x₃

Subject to constraints :

3x₁ + 2x₂ + 4x₃ ≤ 128 .......(1)

3x₁ + x₂ + 3x₃ ≤ 160 ........(2)

x₁ + 0x₂ + 2x₃ ≤ 32 .........(3)

6x₁ + 8x₂ + 4x₃ ≤ 256 .........(4)

3x₁ + 2x₂ + 4x₃ ≥ 64 ..........(5)

3x₁ + x₂ + 3x₃ ≥ 80 ..........(6)

x₁ + 0x₂ + 2x₃ ≥ 16 ...........(7)

6x₁ + 8x₂ + 4x₃ ≥ 128 ............(8)

x₁ ≤ 15 ...........(9)

x₂≤ 15 ...........(10)

x₃ ≤ 15 ...........(11)

x₁ , x₂, x₃ ≥ 0

b. x₁ = 15 , x₂ = 9.5 , x₃ = 8.5

c. The optimal solution is Z = 79.25

Explanation:

Given - The table is as follows :

Nutrient Feed 1 Feed 2 Feed 3
A 3 2 4
B 3 1 3
C 1 0 2
D 6 8 4

The minimum requirement per cow each month is 4 pounds of nutrient A, 5 pounds of nutrient B, 1 pound of nutrient C, and 8 pounds of nutrient D. However, cows should not be fed more than twice the minimum requirement for any nutrient each month. Additionally, the ranch can only obtain 1,500 pounds of each type of feed each month. Because there are usually 100 cows at the beef-up ranch at any given time, this means that no more than 15 pounds of each type of feed can be used per cow each month.

To find - a. Formulate a linear programming problem to determine how

much of each type of feed a cow should be fed each month.

b. Create a spreadsheet model for this problem, and solve it using

Solver.

c. What is the optimal solution?

Proof -

a.

Let feed 1 per cow per month = x₁

feed 2 per cow per month = x₂

feed 3 per cow per month = x₃

Now,

As given, The cost per pound of feeds 1,2, and 3 are $2.00, $2.50, and $3.00, respectively.

So, we have to minimize the cost , Z = 2x₁ + 2.50x₂ + 3x₃

Subject to constraints :

3x₁ + 2x₂ + 4x₃ ≤ 4(32)

3x₁ + x₂ + 3x₃ ≤ 5(32)

x₁ + 0x₂ + 2x₃ ≤ 1(32)

6x₁ + 8x₂ + 4x₃ ≤ 8(32)

∴ we get

Min Z = 2x₁ + 2.50x₂ + 3x₃

Subject to constraints :

3x₁ + 2x₂ + 4x₃ ≤ 128 .......(1)

3x₁ + x₂ + 3x₃ ≤ 160 ........(2)

x₁ + 0x₂ + 2x₃ ≤ 32 .........(3)

6x₁ + 8x₂ + 4x₃ ≤ 256 .........(4)

Now, as given

However, cows should not be fed more than twice the minimum requirement for any nutrient each month.

∴ we have

3x₁ + 2x₂ + 4x₃ ≥ $\frac{128}{2}$

3x₁ + x₂ + 3x₃ ≥ $\frac{160}{2}$

x₁ + 0x₂ + 2x₃ ≥ $\frac{32}{2}$

6x₁ + 8x₂ + 4x₃ ≥ $\frac{256}{2}$

and also

No more than 15 pounds of each type of feed can be used per cow each month.

⇒x₁ , x₂, x₃ ≤ 15

So,

The LPP model becomes

Min Z = 2x₁ + 2.50x₂ + 3x₃

Subject to constraints :

3x₁ + 2x₂ + 4x₃ ≤ 128 .......(1)

3x₁ + x₂ + 3x₃ ≤ 160 ........(2)

x₁ + 0x₂ + 2x₃ ≤ 32 .........(3)

6x₁ + 8x₂ + 4x₃ ≤ 256 .........(4)

3x₁ + 2x₂ + 4x₃ ≥ 64 ..........(5)

3x₁ + x₂ + 3x₃ ≥ 80 ..........(6)

x₁ + 0x₂ + 2x₃ ≥ 16 ...........(7)

6x₁ + 8x₂ + 4x₃ ≥ 128 ............(8)

x₁ ≤ 15 ...........(9)

x₂≤ 15 ...........(10)

x₃ ≤ 15 ...........(11)

x₁ , x₂, x₃ ≥ 0

b.)

We use simplex method calculator to solve this LPP Problem

we get

x₁ = 15 , x₂ = 9.5 , x₃ = 8.5

c.)

The optimal solution is Z = 79.25

4 0

2 years ago