Answer:
c. $0 worth of buyer surplus and unknown amount of seller surplus
Explanation:
Given that
Selling price of house = $500,000
The purchase value of house =$500,000
By considering the above information, the purchase and sales value are the same which reflects that the buyer surplus is zero and there is no definite amount or unknown amount of seller surplus as the data is not given.
Hence, the correct option is c.
Answer:
get better at outdoor skills, do more exploration, go sky diving
Explanation:
out door skills for survival situations more exploration cause its a fun way to get in exercise and sky diving cause its cool
Answer:
The correct answer is b. Grit.
Explanation:
On many occasions, the main enemies of our dreams inhabit ourselves: conformism, apathy, disappointment and resignation. Many dreams lack planning, money, time and personal conviction about one's own abilities. All this goes against the entrepreneurial mindset.
Answer:
Objective function:
Maximize Z: 30P1 + 25P2 + 28P3
Subject to: 2.00P1 + 1.50P2 + 3.00P3 ≤ 450 (Department A constraint)
2.50P1 + 2.00P2 + P3 ≤ 350 (Department B constraint)
0.25P1 + 0.25P2 + 0.25P3 ≤ 50 (Department C constraint)
P1, P2, P3 ≥ 0 (Non-negativity)
Explanation:
The objective function is formulated from the contribution margin of the three products. For instance, the contribution of Product 1 is $30, the contribution of Product 2 is $25 and the contribution of Product 3 is $28. Thus, the objective function will be 30P1 + 25P2 + 28P3.
The constraints were obtained from the departmental labour hours requirements for each product. For instance, Product 1 requires 2 hours in department A, Product 2 requires 1.50 hours in department A and Product 3 requires 3 hours in Department A. Thus, the constraint will be 2.00P1 + 1.50P2 + 3.00P3.
