Answer:
8 pounds
Explanation:
The computation of economic order quantity is
EOQ = √ 2 × Annual demand × Ordering cost / Carrying cost
Where;
Annual demand = 52 weeks × 4 pounds = 208 pounds
Ordering cost = $8
Carrying cost = $1 per pound per week × 52 = $52
EOQ = √ 2 × 208 × $8 / $52
EOQ = 8 pounds
Therefore, Grounds should order 8 pounds at a time.
A pre-defined algorithm limits the total number of bitcoins such that quantities gradually approach a total of 21 million. The limit of 21 million bitcoins is "hard-wired" in to the protocol, and there will never be more bitcoins than this
The utility is not maximized since the marginal utility gained from the fifth sandwich is greater.
In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.
In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or the service. It computes utility once the first product is consumed (the marginal amount).
Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.
To know more about utility click here:
brainly.com/question/24848038
#SPJ4