Answer:
A. If the Fed wants to reduce unemployment, it must be willing to accept more inflation.
B. If the Fed wants to reduce inflation, it must be willing to accept higher unemployment.
Explanation:
Stagflation is a situation in which there is a shift of the supply curve to the left that results in a high inflation due to which there is a high unemployement. Now if the fed wants to reduce the inflation so the demand would decline due to which the unemployment rises
Therefore A and B are correct
And C and D are incorrect
Answer:
(a) If the Bills want to sell tickets to all 8 games by selling eight individual tickets, they have to set the price P = 120 − 10(8) = 120 − 80 = $40. This yields revenue of $40(8) = $320 from each fan.
(b) If the Bills practice second degree price discrimination, they can effectively charge
P = 120 − 10(1) = 120 − 10 = $110 for single games,
P = 110 + 100 + 90 + 80 = $380 = $95/ticket for a 4-game package, and
P = 110 + 100 + 90 + 80 + 70 + 60 + 50 +40 = $600 = $75/ticket for an 8-game package.
Veichle is in operating condition
Operations managers can use the mathematical tool of linear programming to plan and make resource allocation decisions. Hence. option (c) will be the suitable response for this question.
<h3>Give a brief account on linear programming.</h3>
An approach to getting the optimal result in a mathematical model whose requirements are expressed by linear connections is linear programming, often known as linear optimization.
Specifically, linear programming is a technique for optimizing a linear objective function while observing the constraints of linear equality and inequality. Its feasible region consists of convex polytopes, a set that is defined as the intersection of a finite number of half spaces, each of which is determined by a linear inequality. A real-valued affine function that is defined on this polyhedron serves as its goal function. If there is a location in the polytope where this function has the least value, a linear programming technique locates it.
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