Answer:
Minimize Z = 3x + 2y
Explanation:
Let x represent hamburger meal and let y represent hot dog meal. The objective is to minimize the total cost. The objective function will be
Z = 3x + 2y
The maximum capacity of restaurant is 200 meals while it has minimum cap for 100 meals.
Answer:
all are correct A, B and C
Explanation:
The marginal cost hiring another worker and producing a sandwich = $5.50 per sandwich, which is higher than the marginal revenue.
If the selling price per sandwich is $5 and the marginal cost per sandwich is $5.50, the firm will lose $0.50 for every sandwich that it sells.
Therefore the firm would be losing money is they hire an extra worker.
In order to maximize the profit, the marginal cost = selling price.
Answer: a. 11.5%
Explanation:
Fad followers are those investors who follow a trend when it emerges and as such their betas will be less than that of informed traders because the informed traders would have acted first.
Using the Capital Asset Pricing Model to calculate expected return.
Er = Rf + b( Rm - Rf)
Er = Expected return
Rf = Risk Free Rate
b = Beta
Rm = Market Return.
The Expected Return for the Informed Investors is,
= 4% + 1.4 ( 10% - 4%)
= 4% + 1.4 ( 6%)
= 12.4%
With the Fad followed expected to have a lower beta and therefore a lower expected return than the Informed Investors, the only suitable option is the 11.5%.
Answer:
The government can reduce GDP by either:
- lowering government expenses
- increasing taxes which will lower consumption
- or a combination of both
Explanation:
currently total GDP = $100 billion (C) + $40 billion (I) + $20 billion (G) + $10 billion (X) = $170 billion
since the full employment GDP = $120 billion, the government must lower the GDP by $50 billion before inflation starts to rise.
The government can reduce GDP by either:
- lowering government expenses
- increasing taxes which will lower consumption
- or a combination of both
We aren't given any more information regarding MPC or MPS, so it is not possible to calculate by how much should government spending be lowered or taxes increased.
Answer:
11.11%
8 Baskets and in year 2, 9 Baskets, the value of money will increases
Increases
Explanation:
The computation of the given question is shown below:-
Decrease at an Annual Rate = price of the same basket ÷ the basket costs - one year
= $8 ÷$ 9 - 1
= 0.1111
= 11.11%
In year one, $72.00 will buy 8 Baskets and in year 2, 9 Baskets, the value of money will increases.
The value of money is increasing.
