Same number of hours making toy cars

Assignment Help Macroeconomics
Reference no: EM131049140

Mandy is a master wood-carver and Jerry is her apprentice. They will each work the same number of hours making toy cars. Each car requires 4 wheels and 1 body. Mandy makes wheels at the rate of 25 per hour and bodies at the rate of 10 per hour. Jerry makes wheels at the rate of 10 per hour and bodies at the rate of 10 per hour. If they wish to maximize output, how many wheels should Jerry make per
hour.

Reference no: EM131049140

Questions Cloud

Professional certification paper : Research the certifications for our profession. These may include the CPA, the CIA, the CGFM or other recognized certifications. You may compare two or more certifications. Prepare a report explaining the educational requirements (research the req..
Court enforce the judgment of the ecuadoran court : Café Rojo, Ltd., an Ecuadoran firm, agrees to sell coffee beans to Dark Roast Coffee Company, a U.S. firm. Dark Roast ac cepts the beans but refuses to pay. Café Rojo sues Dark Roast in an Ecuadoran court and is awarded dam ages, but Dark Roast's ..
Write a program to construct a dictionary of all words : Assume that the dictionary itself can be stored by using, for each word, length(word) + 1 bytes.
Estimated from straight-line depreciation : The maintenance costs for the gas furnace are covered under guarantee for the first five years. Themarket value of the gas furnace can be estimated from straight-line depreciation with a salvagevalue of $500 after 10 years. Using a MARR of 10 perc..
Same number of hours making toy cars : Mandy is a master wood-carver and Jerry is her apprentice. They will each work the same number of hours making toy cars. Each car requires 4 wheels and 1 body. Mandy makes wheels at the rate of 25 per hour and bodies at the rate of 10 per hour.
Preparation of a schedule of cost of goods manufactured : ACC200 Introduction to Management Accounting Group Assignment - Task Specification. Preparation of a Schedule of Cost of Goods Manufactured and Cost of Goods Sold. (The schedules may be in the appendix). Explain why some items have been excluded fr..
Bond is sold for its face value-bonds yield to maturity : A bond is sold for its face value of $1,000 with a 25-year maturity, a 9% coupon, and interest paid semiannually. The bond is callable 5 years from issuance at an 11% premium over face value. What is the bond's yield to call today if investors expect..
Human rights violations crimes against humanity : FACTS The Khulumani plaintiffs, along with other plaintiff groups, filed class-action claims on behalf of victims of apartheid-related atrocities, human rights violations, crimes against humanity, and unfair and discriminatory forced-labor practic..
Consumer responsiveness to price changes : Then tell the reader how these Determinants (or factors) affect the consumer responsiveness to price changes. Remember we discussed these significantly in our Discussion Board regarding the price of gasoline?

Reviews

Write a Review

Macroeconomics Questions & Answers

  The interest-earning assets of a bank are

Changes in the reserve ratio, open market operations, and changes in the discount rate are all tools used by the Fed to

  Estimate before-tax charcoal price

Give the before-tax charcoal price and quantity exchanged. Give the after-tax charcoal price to buyers, the quantity exchanged, and total tax revenues.

  Write a brief essay on the macroeconomic analysis of kuwait

This problem related to Economics, mainly Macroeconomics. The problem is clarify the economic condition of Kuwait. Kuwait is one of the world's richest countries

  The second national bank of fullerton advertises an apr of

The second national bank of fullerton advertises an APR of 14% compounded monthly for student loans. Determine the APY? setup the solution on paper as well as on spreadsheet.

  Illustrate what are the policy options

Illustrate what are the 2 policy options used to influence the economy

  Is the current monetary policy expansionary or

is the current monetary policy expansionary or contractionary? give your reasons for your answer.why has the federal

  Calculate output price and economic profit show how

Calculate output, price and economic profit (show how you get there) and point price elasticity of demand at this output level

  Assume a merger of company would simultaneously lessen

Assume a merger of company would simultaneously lessen competition and reduce unit costs through economies of scale.

  Compute the implied arc income elasticity of demand

Compute the implied arc income elasticity of demand. Holding all else equal, would a further increase in price result in higher or lower total revenue.

  Net foreign factor income

Calculate NI:Consumption 200 billion Depreciation: 25 billion Retained Earnimgs: 12 billion

  Describe the key concepts

While sitting in your office one evening, you begin to think about some of the key microeconomic messages you want to communicate to the Board.Pick two key concepts and discuss.

  What is the average cost of producing

How much profit does an individual producer make in a month? Is this a long-run equilibrium? If the answer is yes, simply state that it is a long-run equilibrium. If the answer is no, explain whether or not the equilibrium price will rise or fa..

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