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Eduardwww [97]
2 years ago
7

A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw m

aterials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs compared to locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $179 in either case.
Omaha Kansas City
Annual fixed costs ($ millions) $ 1.0 $ 1.1
Variable cost per unit $ 29 $ 44
Expected annual demand (units) 9,850 10,450
Using the above information, determine which location would produce the greater profit.
Business
1 answer:
NARA [144]2 years ago
7 0

Answer:

Kansas city

Explanation:

$-477500

$-310,750

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Explanation:

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Therefore, producer surplus is $5.

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3 years ago
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3 years ago
Greenwood Motels has filed a petition for bankruptcy but hopes to continue its operations both during and after the bankruptcy p
xxMikexx [17]

Answer:

The correct answer is letter "E": Reorganization.

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