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

  Illustrate what is the expected impact of the resulting

Assume you do not think that the statement does have any credibility. Illustrate what is the expected impact of the resulting policy on your business.

  Create a scatterplot with age on the horizontal axis

Create a scatterplot with age on the horizontal axis and the log of price on the vertical axis. Do older wines tend to sell for more than younger wines? Does an older wine always sell for more than a younger wine?

  Elucidate what can you infer from this data

Elucidate what can you infer from this data about labor productivity growth in the US economy during the period.

  Change in the face of countervailing policies

In doing so the states have brought one underground market to the surface. At the same time these states impose heavy taxes upon the drug. How would you expect the GDPs of these two states to change in the face of such countervailing policies?

  Illustrate what is more important for them to monitor

Illustrate what is more important for them to monitor and target, inflation or interest rates.

  Discuss two advantages of international trade

Present and discuss two advantages of international trade and two disadvantages of international trade - Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audie..

  A shift outward in the demand curve always results

A shift outward in the demand curve always results in an increase in total spending (price times quantity) in a good. On the other hand, a shift outward in the supply curve may increase or decrease total spending." Explain?

  How might this cause the your income or someone you know

List 1 thing the government can do to pull a nation out of a recession using fiscal policy? How might this cause the your income or someone you know's income to rise?

  In terms of expansionary or contractionary policies

In terms of expansionary or contractionary policies, which do policy do you see more in line with the politics of the Democratic Party.

  Heer enterprises requires someone to supply

Heer Enterprises requires someone to supply it with 198,000 cartons of machine screws per year to support its manufacturing needs over the next 6 years.

  The classical explanation of the economy

Which of the following contradict (s) the classical explanation of the economy? 1) Voluntary unemployment 2) Frictional unemployment

  Suppose that you can work anywhere form 0 to 24 hours per

suppose that you can work anywhere form 0 to 24 hours per day at a wage of 1 per hour. you are subject to a tax of 50

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