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Tables John Walker is a regional sales representative for Jiffy Mowers Inc. and sells lawn mowers to stores in the Tri State area. Walker's goal is to maximize total monthly commission income, which is figured at 6.25% of gross sales. In reviewing experience over the past year, Walker found the following relations between days spent in each state and weekly sales generated.
Days
New York Sales
Connecticut Sales
NJ Sales
0
$4000
$3000
$1900
1
10,000
7,000
5200
2
15,000
10600
7400
3
19000
13800
8600
4
22000
16600
9200
5
24000
9600
6
25000
21000
9800
Construct a table showing Walkers marginal sales per day in each state.
Question based on Derive and compare demand curve, Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?
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The following quotations are from an article in the Financial Times on November 9, 2007:
Compute the level of GDP per capita in each country measured in local currency. Compute the marker exchange rate between the currencies of two countries.
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