Answer
The answer and procedures of the exercise are attached in two images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Explanation:
a) x1 = number of unit product 1 to produce , and
x2 number of unit product 2 to produce
A linear program that will maximize world light profit is the following
maximize 
subject to 
Unit 1 is used both in products in 1 : 3 ratio which can be a maximum of 200 unit 2 is used in 2 : 2 ratio which can be maximum of 300
So, this can be written as the inequations
Profit functio is p = 0ne dollar on product A and two dollar on product B
= x + 2y
Now , we find a feasible area whose extremeties will give the maximum profit for, the graph is ( see attached file )
So on the graph, we can get the other extremeties of the shaded regional so which will not give maximum profit ,
Thus , the maximum possible profit is
p = ($1 * 125) + ($2 * 25)
= $175
Answer:
A
Explanation:
An investment of $40,000 to generate 2,000 conversions and a CPA of $20 will help Molly with her marketing goal to generate more sales than other investment plan
Answer:
Inelastic demand, Amputation procedure
Explanation:
The good with no close substitute is likely to experience inelastic demand because the consumer does not any close substitute to change to, this means that even when price is increased, the consumer is not likely to stop buying if the good is a necessary good.
The Amputation procedure will have least elastic demand because the diabetes sufferer does not have close substitute to change to when price increase while Diamond necklace is a luxury good, when the price is increased the consumer stop buying or switch to other luxury goods such as gold, silver that are equally used for decoration purposes.
Answer:
Performance.
Explanation:
A company wants to hire a model to appear in a television ad to promote its products. Prospective candidates have been asked to audition so that the company can choose the most suitable person. The candidates are being subjected to performance test. Prospective candidate's acting abilities, personality will be judged and analysed accordingly. They will given a written script which they have to read and acted as well. Their acting, voice quality, body movements and personalty will be looked upon and analysed whether he or she is the best fit for their television ad or not.
