Cars produced each day A specialty-car manufacturer has plants in Auburn, Biloxi, and Chattanooga. Three models are produced, with daily production given in the matrix on the Model K Model R Model W Auburn 12 10 Biloxi 4 4. 20 = A Chattanooga 8. 9. 12 upper left. January February Because of a wage increase, $1000 February profits are lower than January profits. The profit per car is tabulated by model in the Model K $500 Model R $2000 $1200 = B Model W $1500 $1000 matrix on the lower left.

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Chapter1: Making Economics Decisions
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Question 2
Cars produced each day
A specialty-car manufacturer
has plants in Auburn, Biloxi, and
Chattanooga. Three models are
produced, with daily production
Model K
Model R
Model W
Auburn
12
10
Biloxi
4
20 = A
Chattanooga
8.
9.
12
given in the matrix on the
upper left.
January February
Because of a wage increase,
February profits are lower than
January profits. The profit per
car is tabulated by model in the
Model K
$1000
$500
Model R
$2000
$1200
В
Model W
$1500
$1000
matrix on the lower left.
arch
301 PM
(?)
5/21/2021
wck
R
TYU
pause
VB
M.
7ww7
Transcribed Image Text:ansitions Animations Slide Show Review View Help the Internet can contain viruses Unless you need to edit, it's safer to stay in Protected View. & Share Enable Editing Question 2 Cars produced each day A specialty-car manufacturer has plants in Auburn, Biloxi, and Chattanooga. Three models are produced, with daily production Model K Model R Model W Auburn 12 10 Biloxi 4 20 = A Chattanooga 8. 9. 12 given in the matrix on the upper left. January February Because of a wage increase, February profits are lower than January profits. The profit per car is tabulated by model in the Model K $1000 $500 Model R $2000 $1200 В Model W $1500 $1000 matrix on the lower left. arch 301 PM (?) 5/21/2021 wck R TYU pause VB M. 7ww7
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Question 2
(a) Calculate AB.
(b) Assuming that all cars produced were sold, what was the daily
profit in January from the Biloxi plant?
(c) What was the total daily profit (from all three plants) in February?
%23
302 PM
5/21/2021
- backoace
num
Vock
GH
enter
pause
tthit
alt
ctri
Transcribed Image Text:Saved to this PC Alex E AE Animations Slide Show Review View Help 8 Share PCo Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing Question 2 (a) Calculate AB. (b) Assuming that all cars produced were sold, what was the daily profit in January from the Biloxi plant? (c) What was the total daily profit (from all three plants) in February? %23 302 PM 5/21/2021 - backoace num Vock GH enter pause tthit alt ctri
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