You have a job, but recently heard that your position may be cut. You can only make a

Jane receives utility from days spent traveling on va- cation domestically (D) and days spent traveling on vacation in a foreign

sammy [17]

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

7 0

3 years ago

A farm worker was moving a bale of hay with a forklift. The edge of the machine hit a tall stack of feed, making the top feed sa

EastWind [94]

Falling object hazzard

7 0

3 years ago

Read 2 more answers

Jones Lumber Co. has annual fixed costs including depreciation of $300,000 and variable costs that are 88.25 percent of sales. W

STALIN [3.7K]

Answer:

$2,553,191

Explanation:

The formula to compute the break even point in dollars amount is presented below:

= (Fixed cost ) ÷ (Profit volume ratio)

where,

Fixed cost = $300,000

And the profit volume ratio would be

= (Contribution margin) ÷ (Sales) × 100

We assume the sales be 100%

So, the variable cost is

= 88.25%

And, the contribution margin is

= 100 - 88.25

= 11.75%

So, the break even sales would be

= $300,000 ÷ 11.75%

= $2,553,191

7 0

3 years ago

Say the marginal tax rate is 20 percent and that government expenditures do not also that the economy is at potential output and

Readme [11.4K]

<u>Solution and Explanation:</u>

a) The deficit is structural deficit, not cyclical deficit

b) Structural deficit is $450 billion

Revenue less than outlays; the GDP = Potential GDP

cyclical - during a recession , Structural - normal times

This is the budget deficit at potential GDP

Structural deficit = Total Government deficit - Cyclical Deficit

Government expenditures do not change with output

c) the deficit is both structural and cyclical

200 billion below potential; at potential output it will be 200 billion higher

Cyclical deficit = $200 billion

Structural = 450 - 200 = 250

d) Cyclical surplus = $350 billion

Structural deficit = $100 billion

e) Structural as normal stabilization policies will not remove a structural deficit

5 0

2 years ago

A business acquires a new software product, installs it on its hardware, and converts the data to be processed by the software

Alja [10]

Answer:

D. the people were inadequately trained on how to use the new system

<u>Missing information:</u>

A. the network cannot support the data transmissions

B. the software is full of errors

C. the software performs the wrong tasks

D. the people were inadequately trained on how to use the new system

E. the hardware is not functional

Explanation:

Assuming the provider of the software act in well-being and provides a functional software that will not crash every time is used (E) and (B)

The most probable reason is that people didn't understand the new interface, mechanics or features of the new system thus, performing below expected as they may though their productivity was going to increase while in fact it decrease or the daily task are now more harded to complete

3 0

2 years ago