Business, 06.03.2020 23:24 myanniespencer39
The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is shown below.
P = − 1/10 s^3 + 15s^2 + 400
(a) Find the amount of money the company should spend on advertising in order to yield a maximum profit. s = thousands of dollars
(b) The point of diminishing returns is the point at which the rate of growth of the profit function begins to decline. Find the point of diminishing returns. s = thousands of dollars
Answers: 1
Business, 21.06.2019 14:30
As he explores his options, sergio notices that some opportunities appear to be riskier than others. when considering various opportunities, sergio should keep in mind that:
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Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
Business, 22.06.2019 12:50
Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise
Answers: 3
Business, 22.06.2019 16:20
The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:
Answers: 1
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