Answer:
Explanation:
A point on U=800 is (5, 16)
From BL:
400*F+100D =4000
400*5+100*16 =3600<4000
Therefore u = 800 affordable.
U= 1200
F = 1200/10D
If D = 20
F = 1200/200
=6
Now from BL:
400*6+100*20= 2400+2000=4400>4000
Not affordable.
Maximization:
L = 10DF+ʎ[100*D+400*F – 4000]
Differentiating wrt D and F:
dL/dD = 10F + ʎ*100
dL/dF = 10D +ʎ*400
equating to zero;
ʎ= -F/10
ʎ=-D/40
equating the two:
F/10=D/40
D = 4F
From BL:
400*F+100*D = 4000
400F+100*4F = 4000
800F = 4000
F = 5
D = 4*5=20
Answer:
a. Transportation problems
Explanation:
In Business management, problems which deal with the direct distribution of products from supply locations to demand locations are called transportation problems.
Transportation is a supply chain technique which primarily includes all of the process involved in the distribution of finished goods and services from the production line to the consumers or end users, so as to meet their needs or wants.
Answer:
Income effect
Explanation:
Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded are composed of two effects, the substitution effect and the<u> Income effect.</u>
We know as per the law of demand, price increases lead to decrease in the quantity demanded if factor remain constant.
Quantity demanded has effect of two other major factors:
- Subtitution effect.
- Income effect.
Subtitution effect: It is the price of subtitution goods & services also lead to increase and decrease of demand for any particular goods.
Example: Price of tea and coffee.
Income effect: It is the income of consumer that effect the demand of any goods & sevices, as with the increase in income of consumer, their demand for inferior goods decreases and demand for branded goods increases.
Example: Non branded clothes and branded clothes.
Explanation:
good good morning everyone in the wind blows when Devon bless the wind blows the pic which snap on snap grip cycle Godfather lead in the cord few questions
Answer:
Debited by $400
Explanation:
Calculation for the Cost of Goods Sold
Using this formula
Cost of Goods Sold= Inventory on hand*(Cost-Current replacement cost)
Let plug in the formula
Cost of Goods Sold=200 units * ($12 - $10)
Cost of Goods Sold= 200 units*2
Cost of Goods Sold = $400 Debited
Therefore the Cost of Goods Sold will be:$400 Debited
