Vending machines should wendy sell

Assignment Help Macroeconomics
Reference no: EM131373088

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: EM131373088

Questions Cloud

How did it change the way you usually read an article : Finish the exercise by reflecting in your journal for five minutes on what, if anything, you noticed about using the double-entry journal to have a "conversation" with a text. In particular: How did it change the way you usually read an article suc..
What role does planned obsolescence play in consumerism : What is planned obsolescence? What role does planned obsolescence play in consumerism? Describe one product or service and explain how planned obsolescence is incorporated into its design.
Edit the given essay and also write a nice conclusion : Edit the given essay and also write a nice conclusion.- The essay is about "Leadership".-  Make sure it makes sense.
Provide a scenario for using each topology : In this paper, (a) define each topology, (b) provide a scenario for using each topology, and (c) identify at least one disadvantage of using each topology.
Vending machines should wendy sell : 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?
What were your expectations about the message : From the e-Activity, select ten (10) states and calculate the mean and standard deviation for average insurance costs. Next, calculate the mean and standard deviation for average insurance costs for all 51 states. Compare and contrast the means a..
What is your perspective on ethics of providing health care : What is your perspective on the ethics of providing universal health care to all U.S. citizens, and how well do you think the Affordable Care Act has addressed this cause?
Conclusion change for the winter months : How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?
Describe the culture at nickelodeon latin america : Describe the culture at Nickelodeon Latin America. Be specific and how did Swan go about building the culture (consider the interrelationships among Nickelodeon Latin America's context, design factors, culture and outcomes).

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