Answer:
The largest revenue the supplier can make under this deal is $24,151.2
Explanation:
Working file has been attached to help understand how the answer was derived. Some points to note in the sheet are:
- The sheet represents the following columns which are S. No., Chairs, Price, Total Revenue and difference in each revenue.
- As the no. of chairs rises the price is dropping by $0.2 in the entire order.
- However, at first this increase in order of chairs is beneficial even with the drop in the price of entire order.
- At the point, where chairs ordered are 348 and price is $69.4 the revenue is at its largest which is $24,151.2.
- After this point the increase in the no. of chairs is only decreasing the overall total revenue of the supplier.
<span>if there are no shoes at the door from which he leaves to go running, he runs barefoot. but i would think this to be a math probability question</span>
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Deadweight loss is a type of economic inefficiency when a good or service is not at its economic equilibrium (where supply equals demand). This loss may be experienced because of a tax or subsidy, or because of market power, such as a monopoly. Economists refer to deadweight loss when they want to show the negative effects of certain policy decisions that are less than optimal.
Answer:
Assuming that you can only choose one answer, the most suitable one would be (A) Chris designs models to make traffic flow better, which enables Brian to get to his company’s warehouse faster.
Explanation:
This answer is correct because Chris is a traffic planner – thus he merely designs the traffic flow, he does not create it, thus making answer (D) incorrect. Though (B) is true, it doesn’t relate to Chris’ career, making it false as well. As for (C), the answer is not correct because Chris doesn’t design the maps of the state, he only designs the traffic flow.
