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3 years ago

Which groups would likely have the most differing views on offshore oil exploration?

1 answer:

7 0

Environmentalists and oil companies are the groups that would most likely have the most differing views on offshore oil exploration.

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Barbara allows her comprehensive major medical plan to lapse. If her policy is reinstated on March 20th and she contracts mononu

Nookie1986 [14]

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3 years ago

3. A company manufactures two types of products: A and B. Three resources R1, R2, and R3 are required to make these products. a.

mojhsa [17]

Answer:

(i)The units of production of Product A and B (x and y) are the decision variables

(ii)Objective is to maximize profit

(iii)Objective function, Max P=20x+50y

(iv)The Contraints are:

8x+2y $\leq$ 500....(i)

2x+5y $\leq$ 400.......(ii)

3y $\leq$ 180

x>0, y>0

Explanation:

Let the number of Product A=x

Let the number of Product B=y

Each unit of product A requires 8 units of R1 and 4 units of R2.

Each unit of product B requires 2 units of R1, 5 units of R2, and 3 units of R3

The availabilities of resources R1, R2, and R3 are 500, 400, and 180

Since R1 $\leq$ 500,

Product A requires 8 units of R1 per production unit

Product B requires 2 units of R1 per production unit

Total Unit of R1 possible is given by the inequality: 8x+2y $\leq$ 500....(i)

Since R2 $\leq$ 400,

Product A requires 2 units of R2 per production unit

Product B requires 5 units of R2 per production unit

Total Unit of R2 possible is given by the inequality: 2x+5y $\leq$ 400....(ii)

Since R3 $\leq$ 180,

Product B requires 3 units of R2 per production unit

Total Unit of R2 possible is given by the inequality: 3y $\leq$ 180....(iii)

Since the manufacturer also makes a profit of $20 and $50 for products A and B, our objective is to maximize profit

Therefore: Objective function, Max P=20x+50y ......(iv)

5 0

3 years ago

When given a red pen rather than a black pen for correcting essays, people spot more errors. this best illustrates the subtle im

Vladimir79 [104]

Learned associations best illustrates the subtle impact of people spotting more errors when given a red pen rather than a black pen for correcting essays.

To add, learned association<span>: requires an association<span> to be made between stimuli or between a response/behaviour and a consequence.</span></span>

8 0

3 years ago

At year-end, ABC Company is completing its closing process. Use the following account balances to demonstrate the closing of the

allsm [11]

Answer:

Debit Retained Earnings $500.
Credit Dividends for $500.

Explanation:

Dividends are payments to shareholders as a means of sharing company profits to them.

As they are a means of sharing profits, they will be paid from the Retained Earnings account. As this is an Equity account, it should be debited when it is to be reduced so Retained Earnings will be debited by $500 which is the dividend amount.

The dividend account will be credited to indicate that this is a debt that needs to be paid to shareholders so the Dividends account will be credited by $500.

5 0

3 years ago

why do consumers make a choice by looking at both the marginal utility (mu) and the price for a product (mu/p) rather than just

vladimir2022 [97]

Consumers always try to equate marginal utility of a good to its price which is a marginal cost of consumption.

<h3>What is marginal utility and why consumers make a choice by looking at both mu and price?</h3>

So economically a utility is a kind of benefit that a consumer gets by buying a product of choice.
Now marginal utility is the benefit one gets by buying an additional unit of consumption except the first product bought.
Here the question is asked about the consumer taking notice of both marginal utility and price while buying goods.
Hence consumers watch for the marginal utility and price of the good both to equate the marginal utility to its price which is a marginal cost of consumption.

To know more about marginal utility visit:

brainly.com/question/15561406

#SPJ4

3 0

2 years ago