How many vending machines should wendy sell

Assignment Help Macroeconomics
Reference no: EM131376656

Wendy sells vending machines. She can sell 9 machines if she charges $1,000 per machine; 8 if she sells them at the price of $1,100 per machine; 7 at the price of $1,200 per machine, and 6 at the price of $1300 per machine. Each vending machine costs $500 to produce and bring to the market. How many vending machines should Wendy sell if she wants to maximize her profit?

Reference no: EM131376656

Questions Cloud

Personal and organization decisions : What is economics? What role does economics play in your personal and organization's decisions?
How the article can enhance your professional decisions : Discuss how the article can enhance your professional and education decisions in the future. Additionally, explain how you will apply the information in the article to your everyday lifestyle.
Solve the dilemma using kant ethics : Create a 2-4 paragraph "dilemma" similar to the other dilemmas you have been solving throughout this term. Solve the dilemma using Kant's ethics (Categorical Imperative)
What can organizations do to protect themselves : What types of technology could big retailers use to prevent identity thieves from purchasing merchandise?- What can organizations do to protect themselves from hackers looking to steal account data?
How many vending machines should wendy sell : Wendy sells vending machines. She can sell 9 machines if she charges $1,000 per machine; 8 if she sells them at the price of $1,100 per machine; 7 at the price of $1,200 per machine, and 6 at the price of $1300 per machine. Each vending machine co..
Explain the level of responsibility of the company : Based on the information you researched, evaluate the level of responsibility of the company in terms of the effectiveness of the response to the security breach. Provide support for your rationale.
Summarize a statistic reported in a popular magazine article : Briefly summarize a statistic reported in a popular magazine article or website. Describe how they inaccurately portrayed information and what else would need to be considered when looking at this statistical information
Difference between file sharing and internet radio streaming : Why is claiming a lack of copyright knowledge not a good defense against illegally sharing movies or music? If you do not have a good understanding of information laws, what can you do to ensure you are never placed in a federal lawsuit for violat..
What is the theoretically optimum diameter of drilled hole : The bolt fractures next to the nut, as shown. A proposed redesign, Figure P7.22b involves drilling an axial hole in the unthreaded portion and incorporating a larger fillet radius under the bolt head.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

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?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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