do fast Fill in the MU ÷ P column for each product.Instructions: Enter your answers rounded to one decimal place.Price of Good A = $6Price of Good B = $4Units ofGood AMU of Good A,MU + P for AutilsUnits ofGood BMU of Good B,MU + P for Butils17512.51348.526310.52307.53518.532464396.54225.5LO5274.55184.56152.56143.5730.57102.5If Ross has an income of $50, how many units of each good will he purchase to ;maximize his utility?Instructions: Enter your answers as a whole number.unit(s) of good Aunit(s) of good B

Approach to solving the question:1. Identify the Marginal Utility per Dollar for Each Good: For both…

Answered: Fill in the MU ÷ P column for each…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Elsa Corporation, a company that manufactures and markets low-end table computers, asked ourfriend Ms. Market Researcher to create the demand curve for its SD 721 model. She conductedsome market research and gave Elsa the demand curve as well as some additional information:350,000 units of SD 721 will sell at a price of $250.(1) What is the point price elasticity if 500,000 units will sell at a price of $200? (2) What is the point price elasticity if 125,000 units will sell at a price of $305?
As the owner of a fast food restaurant wiht declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded wiht everything as long as it meets certain health requirements. Money is no object to them. Must include at least one of each item and no more than six of each item. Must use whole items 9 (no half or partial servings). Final burger must contain no more than: 3,000 mg of sodium, 150g of fat, 3,000 calories. Must keep the servings of ketchup and lettuce the same. Muse use exactly two buns. What is the most expensive burger you can make that meets these requirements? What are the allocations of each ingredient?
please provide explaination as to why the other options are incorrect. thank youuuuuuuu
Pls do fast within 5 minutes and i will give like for sure Solution must be in typed form Taylor Supply is a wholesaler of office supplies and equipment. Taylor purchases cartons of staples from Barker Manufacturing. Barker offers a price of $7 per carton of staples. Taylor incurs a fixed charge of $90 per order to cover order equipment and clerical costs. Each order takes 3 days to arrive . Taylor has projected sales to be 603 boxes per day. Taylor's accounting department has determined the holding costs relevant for inventory decisions are 28% of unit cost. Assume Q=3000. What is the demand for staples during lead time? 1) Assume Q=3000. What is the demand for staples during lead time? 2) Assume Q=3000. What z value is associated with a 90% confidence level? 3) Assume Q=3000. If Taylor wants a 90% service level, and the standard deviation in daily demand is 250, what is the appropriate reorder point? 4) Assume Q=3000. If Taylor wants to improve their service level to 95%, and…
Please do not give solution in image formate thanku. Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her supplier in Mexico. Although Valentine’s Day is fast approaching, sales are almost entirely last-minute, impulse purchases. Advance sales are so small that Weiss has no way to estimate the probability of low (25 dozen), medium (60 dozen), or high (130 dozen) demand for red roses on the big day. She buys roses for $15 per dozen and sells them for $40 per dozen. Construct a payoff table. Which decision is indicated by each of the following decision criteria? a. Maximin b. Maximax c. Laplace d. Minimax regret
A. You are thinking about opening an oil change shop. Your fixed costs will be $13,000 per month. You will charge customers $28 for a lube-oil filter. The cost of materials is in addition to your fixed costs and is estimated at $8 per customer. How many customers must you have each month in order to break even? Hint: "Break Even" means revenues equal expenses, so we could say "fixed costs+variable costs=revenues" B. If your shop is open an average of 25 days each month., how many customers do you need each day to break even? Answer for a: 650 customers Answer for b: 26 customers per day please help me set up the equation needed to solve and get the correct answer.
I need both a) and b) answers i will give upvotes no chatgpt answer
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Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Read the images below and asnwer the questions: 6- What is the maximum amount they should be willing to pay for procuring each pound of this ingredient? 7- If the vendor of Oats increases the per pound price by $0.75, would you recommend the company reduce the use of Oats in making the mix in order to minimize their cost? Group of answer choices a- Yes b- No c- Not enough information to answer the question 8- If the vendor of Soybean increases the per pound price by $0.75, would you recommend the company reduce the use of Soybean in making the mix in order to minimize their cost? Group of answer choices a- Yes b- No c- Not enough information to answer the question 9- If the vendor of Oats offers to supply you Oats for Free(!), would/could you possibly increase the amount of Oats you use to make the mix in order to reduce the cost of the mix? Group of answer choices a- Yes b- No c- Not enough information to answer the question 10- If the Vitamin becomes…
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
I need 1to 8 i will give upvotes typing pls

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