An automobile company has two version of the same model car for sale, a two-door coupe and the full-size four door. Graphically solve how many cars of each design should be produced to maximize profit and what that profit is? Two Door Four Door $ 15,000/car 20 hr/car 350 cars 500/car Profit Production time Storage Consumer demand $13,500/car 15 hr/car 400 cars 700/car Availability 8,000 hr/year 240,000 cars

An automobile company has two version of the same model car for sale, a two-door coupe and the full-size four door. Graphically solve how many cars of each design should be produced to maximize profit and what that profit is? Two Door Four Door $ 15,000/car 20 hr/car 350 cars 500/car Profit Production time Storage Consumer demand $13,500/car 15 hr/car 400 cars 700/car Availability 8,000 hr/year 240,000 cars

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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280 View Policies Current Attempt in Progress Carla Vista Company took a physical inventory on December 31 and determined that goods costing $236,000 were on hand. Not included in the physical count were $29,500 of goods purchased from Pelzer Corporation, FOB, shipping point, and $25,960 of goods sold to Alvarez Company for $35,400, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Carla Vista report as its December 31 inventory? Ending inventory Save for Later LA eTextbook and Media A $ 2 MAR 1 Attempts: 0 of 3 used Submit Answer
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A competitive industry has production processes that generate pollution. ok with studies carried out on the affected population, the marginal costs associated with contamination are constant and CU500. for each unit of the good produced. these costs are associated with lost workdays, illness treatment costs, and the nuisance generated in the population. Currently the production level of the industry is 250 units and the market price is 1,500 (MU/unit). Market studies carried out by companies estimate that if the price rises At 1,800 (mu/unit) the quantity demanded would fall to 200 units and the marginal cost of the production of each company in this new production level is 1,300 (m.u./unit). Assume linearity in market demand and in the marginal costs of production of the companies Graph to justify your answers. A)Determine the optimal production level from the perspective of the whole of the society. Show your result graphically.
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A = ? n = 00 i = 3% P = $12,000,000 Find: A