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sesenic [268]
3 years ago
7

At the lowest price for jeans, consumers will demand the _____ jeans, and producers supply the _____ jeans.

Business
2 answers:
Vika [28.1K]3 years ago
4 0

At the lowest price for jeans, consumers will demand the most jeans, and producers supply the least jeans. If there is a low price on jeans, consumers are more likely to want to buy that product because it has become more affordable. However, if the demand for the jeans is high because the prices are cheap they likely are not supplying too many of the jeans because the profit margin is not great. Suppliers want to produce items they want and make customers happy, but they also want to make a profit, too.

katrin [286]3 years ago
3 0
At the lowest price for jeans, consumers will demand the most jeans, and producers will supply the least jeans.
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chubhunter [2.5K]

Answer:

Answer for the question:

Consider the following five constraints x1 + 2x2 ≤ 3, x1 − x2 ≥ 0, 2x1 + x2 ≤ 3, x1 + 5x2 ≤ 6, x1 − 2x2 ≥ −1. (a) Sketch the feasible region and find the degenerate vertex x0. (b) How many possible working sets are there at x0? (c) Suppose that we wish to minimize x1 + x2 subject to these constraints, starting at x0 and using the simplex method. Find a working set A0 for which the Lagrange multiplier vector λ (the solution of AT 0 λ = c) contains at least one negative component λs, but the simplex search direction satisfying A0p = es is not a feasible descent direction. Draw a picture showing p emanating from x0. What are the blocking constraints? (d) Under the same conditions as in part (c), find a working set A¯ 0 for which the Lagrange multiplier vector contains at least one negative component, but the associated search direction ¯p is a feasible descent direction. Draw a picture showing ¯p emanating from x0. (e) Can you find a feasible descent direction at x0 if we wish instead to minimize −x1 − x2? Explain your answer.

is given in the attachment.

Explanation:

Download pdf
6 0
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Which of the following tasks would be very difficult using only a keyboard and text?
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