Mint Chocolate Chunk (MCC) ice cream made by Graetter's of Cincinnati, OH contains specially-made confectioner's chips the size of Prof. Ernst's big toe.it's insanely good stuff. Unfortunately, it's made in very small batches to maintain creamy mint quality, and it doesn't travel well. Graetter's wants to compete with PennState Creamery and is considering opening a small-batch processing plant in State College. But they have to figure out how to ship the special chocolate chips in from their Ohio cho colate manufacturing center while maintaining quality. Or should they forget local production and ship finished product in from Cincinnati if the border is open? Things are getting expensive. So let's help make some decisions. Graetter's can make money selling MCC for $4.75/pint in Ohio. To ship in the chocolate and make MCC in State College will put the price at $8/pint and people can't get enough of it at that price. Question 1 If Graetter's wanted to just ship finished Mint Chocolate Chunk ice cream into State College from Ohio, what does the Law of One Price indicate they could spend on shipping expenses? Now, let us suppose MCC can't be shipped to State College because a band of rabid Buckeyes refuse to let it cross the border. So the State College plant opens. We assume the following supply & demand functions State College Supply = Ssc -4+2Psc State College Demand = Dsc - 42- 2Psc Question 2 If we can't ship MCC ice cream from Ohio to PA what will be the formula for market equilibrium in State College? Ouestins3

Q: why do we minus the 30,000? cant we just only add up the cost iccured by this decision?

A: Opportunity cost means the forgone income.  It means what actual amount we have lost in acquiring…

Q: Practice Haddie makes and sells knit scarves. N she will pay a $25 fee for the use of a at a craft…

A: Profit is the difference between total revenue and total cost.  Total revenue is the product of…

Q: Contract.

A: Each organisation will have its own contract. Some will have more clauses, while others will have…

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.

Q: What are two guidelines the manager should keeo in mind with measuring the maginal cost correctly?

A: Marginal cost is the additional cost incurred by producing one additional unit of a product or…

Q: Find the savings when the income is 80 and the consumption is 60

A: Generally in the given question, Income value is = 80 Consumption value is = 60 Savings = ? Needed

Q: EXCERCISES Y C АРС APS MPC MPS 100 100 150 200 200 300 250 Complete the table above

A: We know that ,  As per Keynes ,        Y = C + S                                              where,…

Q: Mika eams $340 per week which she spends entirely at the grocery store. purchasing either food or…

A: Given: Income=$340 Price of food = $1  Price of alcohol =$4Food Stamps =$65

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Find the consumption when savings are 94 and the income is 110

A: A consumer either spends income on consumption of goods and services, or saves income.

Q: Calculate the value of APS when the savings are given as 62 and the income is 8

A: Accordingly the information in the question, Savings are = 62 Income = 8 APS = ?

Q: Can you solvie it step by step. Manually

A: Engineering economics entails a methodical analysis of the financial advantages of suggested…

Q: Items    A    B    C    D    E 2004 Price (₹)    15    33    38    25    50 Qty.    30    35    57…

A: Given:                          Items                           Price…

Q: What is transport infrastructure

A: Infrastructure is organisational structure which is required for the societal operation.

Q: What do sales managers need to do to manage theirsales force successfully?

A: The sales force refers to the team of workers who are responsible for the selling of goods, and…

Q: d C b a U 0 30 50 75 W 100

A: Step 1:I would rather win a gift card so I can get whatever I want; it would depend on the gift…

Q: qwertyuioopoytttrt

A: Unfortunately, "qwertyuioopoytttrt" doesn't seem to be a question with a specific answer or problem…

Q: 10. Understanding marginal and average tax rates Using the information provided on the income tax…

A: The marginal tax rate is the additional tax income due to a change in tax liability. The marginal…

Q: Write a brief on SDGs 7,8 and 13. How it works if there is a hydro power plant. Maximum 1000

A: The Sustainable Development Goals (SDGs) linked to global goals aimed at becoming a "framework for…

Q: The EPA says the value of a human life is $9.4 million, measured from birth to death. If life…

A: According to the information given, the value of a human life is $9.4 million measured from birth to…

Q: 20+100+200000

A: 100+20+200000120+200000200120

Q: 10. was formed to ensure that employees have safe and healthy working conditions.

A: At the marketplace, government has established various authorities and administrations to ensure the…

Q: allon) $2.20 $2.00 $1.80 $1.60 $1.40 $1.20 $1.00 D i. 300 400 500 600 700 800 Quantity of Gasoline…

A: Disclaimer :- since you asked multipart questions we are solving first 3 subparts as per given…

Q: Provide a brief description of what a Solar panel Tech does.

A: Because of solar panel tech,solar energy can be converted into electricity. Solar panels are used on…

Q: IF DISTRIBUTORS GET 55 MILLION HOW VALUE CAPTURED IS 330 MILLION ?

A: When distributors receive 55 million, the value captured of 330 million can be understood through…

Q: What's rop settlement

A: A process of business whereby interests or securities in the securities are being delivered, usually…

Q: do fast don't use chatgpt answer,

A: An indifference curve is a graphical representation of the different combinations of two goods that…

Q: How any coffee shop could be CSR?

A: Corporate social responsibility (CSR) refers to a kind of worldwide private corporate…

Q: What is one pkus one

A: Step 1:One plus one equals two1+1 = 2 For example if you have one apple and you get one more apple ,…

Q: 1. Suppose you are considering to make a decent holiday dinner. In this year, to be creative, you…

A: Given  The total utility of Salmon is describe by the function U1400Q          .......(1) The total…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: What is the base period?

A: Economics studies how scarce resources are allocated in a manner that most of the human needs are…

Q: True/False Personal income include personal taxes

A: Income includes the wages, salaries, dividends, transfer earnings etc, that is, anything that is a…

Q: how did you get the 75 ??

A: Here, information about the price of own good, price of related good, income and units of…

Q: Michael started to work in 2001 at an annual salary of £20500, she received a £1100 raise each year.…

A: Here, it is given that the initial amount of salary received by Michael is £20500  in 2001 and he…

Q: I need help with 4 and 5

A: Since you have asked to answer parts (4) and (5), we are answering only that for you. A government…

Q: where did 118.8 come from?

A: There is a slight mistake in the solution as per the solution given by the expert

Q: how was the tarrif calculated.?

A: Tariff is the method used to control the demand and supply.  Tariff revenue is the product of tariff…

Q: Define the term Expenses?

A: The term expense (expenditure) is defined as the cost incurred for something. In other words, it is…

Q: Fill in the table below, giving a numerical value for letters A, B, C, and D. TC AFC AVC 50 1 90 A B…

A: Total fixed cost is independent of output produced  whereas total variable cost varies with the…

Q: Pls help ASAP

A: Step 1:  In the scenario provided, Jim's auto policy will likely respond in the following way:C)…

Q: If you want to minimize interest payments on a loan, you'll need one that has a simple interest rate…

A: When talking about the future worth of an investment, it can be said that the future worth depends…

Q: Can you ref the above Harvard style

A: Harvard style referencing is a method employed in academic writing for citing and referencing…