Answer:
Check the explanation
Explanation:
C(x) = 0.06x^2 - 6x + 218
Its a quadratic function , minima would occur at vertex.
x is no. of digital cameras
x = -b/2a = -(-6/2*0.06) = 50 cameras
Minimum marginal cost : C(50) = 0.06(50)^2 - 6*50 + 218 = $ 68
Answer:
a. Which country has the absolute advantage in producing dates?
Mali
b. Which country has the absolute advantage in producing grain?
None
c. Which country has the competitive advantage in producing dates?
Mali
d. Which country has the comparative advantage in producing grain?
Ireland
Explanation:
Opportunity cost of producing dates:
Ireland = 10 / 5 = 2 tons of grains
Mali = 10 / 25 = 0.4 tons of grains
Opportunity cost of producing grains:
Ireland = 5 / 10 = 0.5 tons of dates
Mali = 25 / 10 = 2.5 tons of dates
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Answer:
The correct answer is C - $2,641.00.
Explanation:
Answer:
each policy will pay $25,000 of the loss
Explanation:
Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.
