How many units were ordered from each supplier

Assignment Help Business Economics
Reference no: EM13999392

A knitting shop orders yam from three suppliers in Toronto, Montreal, and Ottawa. One month the shop ordered a total of 114 units of yam from these suppliers. The delivery costs were $79, $45, and $63 per unit for the orders from Toronto, Montreal, and Ottawa, respectively, with total delivery costs of $6586. The shop ordered the same amount from Toronto and Ottawa. How many units were ordered from each supplier?

Reference no: EM13999392

Questions Cloud

Brian is training for a triathlon : Brian is training for a triathlon, a timed race that combines swimming, biking, and running. Which basic principle of individual choice does Brian's plan illustrate that his wife's advice does not?
What is the ratio l2/l1 of the inductance in circuit : Two RLC circuits have identical capacitors, but different inductors. Circuit 1 has a resonance frequency fo while circuit 2 has a resonance at 8 fo. What is the ratio L2/L1 of the inductance in circuit 2 to the inductance in circuit 1?
Government wishes to increase equilibrium income : Given C= 60+0.8(Y-T), I = 70, G=180, T=100, If Government wishes to increase equilibrium income by 100. What change in G would be required? What change in T would have the same effect? Please verity
Health economics and policy : In theory, how is managed care expected to affect patient and providers incentives, and hence, the cost and use of medical care? What is the evidence?
How many units were ordered from each supplier : A knitting shop orders yam from three suppliers in Toronto, Montreal, and Ottawa. One month the shop ordered a total of 114 units of yam from these suppliers. The delivery costs were $79, $45, and $63 per unit for the orders from Toronto, Montreal, a..
Why the music inspired you in such a way : On this paper, write an explanation (1/2 to 1 page) of why the music inspired you in such a way. Be specific and make sure to incorporate at least 2 elements of musicin your explanation
Compute electric potewbai difference between points a and b : Determine the electric potewbai difference (a) VB - VA between points A and B, (b) VC - VB between points B and C, and (c) VA - VC between points C and A.
The local businesses to declare bankruptcy : Jimmy Paul Miller starts his own bank, called JPM. As owner, Jimmy puts in $2,000 of his own money. JPM then borrows $4,000 in a long-term loan from Jimmy’s uncle, accepts $14,000 in demand deposits from his neighbors, buys $7,000 of U.S. Treasury bo..
Prepare schedules to compute the ending inventory at march : Shania Twain Company was formed on December 1, 2013. The following information is available from Twain's inventory records for Product BAP. A physical inventory on March 31, 2014, shows 2,266 units on hand. Prepare schedules to compute the ending inv..

Reviews

Write a Review

Business Economics Questions & Answers

  Equilibrium ?price?and? quantity

Now? suppose? that? the ?first ?firm? has? a ?capacity ?of ?2 ?and? the? second? firm? has ?a ?capacity ?of ?4.

  In the first-order exponential smoothing model the new

In the first-order exponential smoothing model, the new forecast is equal to the old forecast plus a weighting factor (W) times the error in the most recent forecast.

  Keep the money market in equilibrium

In a third world country, the central bank wants to reduce the inflation rate by 5%. The current money supply is $2.0 trillion and the goal is to have equilibrium in the money market (Ms=Md). What should be the new target interest rate to reduce the ..

  Firms in perfect competition will leave the industry

Firms in perfect competition will leave the industry if they

  Explain is any outcome generated by a nash equilibrium

Explain is any outcome generated by a Nash equilibrium not generated by any subgame perfect equilibrium.

  Recall the looser pay winner auction experiment

Recall the looser pay winner auction experiment done in class. discuss how these experiments explain why the bidders changed their minds toward wanting to bid well above the value of the prize, even though they refused to do so at the beginning.

  Owners of the only gambling casino in wisconsin spend large

Suppose which the owners of the only gambling casino in Wisconsin spend large sums of money lobbying state government officials to protect their monopoly of gambling.

  About centralized and decentralized decision making

In Chapter 11 you read about centralized and decentralized decision making. Between the two philosophies which do you feel works better and why? Feel free to include any experiences you have had under each atmosphere.

  How low does the market price have to be for the firm

How low does the market price have to be for the firm to take a loss in the short-run? How low does the market price have to be for the firm to be better off shutting down in the short-run?

  Define average product and marginal product of labour

Consider the short-run production of a firm with a single output Q, a fixed input K (capital), and a variable input L (labour). Define average product and marginal product of labour. Define average variable cost and marginal cost.

  Price-output if managers set price equal to marginal cost

The can industry is composed of two firms. Suppose that the demand curve for cans is P=100-Q where P is the price (in cents) of a can and Q is the quantity demanded (in millions per month) of cans. What are the price and output if managers set price ..

  Consider a market containing four identical firms

The inverse demand for this product is P = 100?Q, where P is price and Q is aggregate output. The production costs for firms 1, 2, and 3 are identical and given by C(qi)= 20qi (i= 1,2,3), where qi is the output of firm i.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd