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

  What firm sells their permits and how many do they sell

1. What firm sells their permits and how many do they sell? 2. What firm(s) buys the permits and how many do they buy?

  Why producers advertise for their product

Why producers advertise for their product, explain using the Elasticity concept. You must defend your answer and provide economically sound quality answer.

  Rationales for women empowerment

In the state of Georgia. what are the rationales for women empowerment in terms of development impact? For example, according to the World Bank there is a positive effect of reduction in the gender gap in education on economic growth, immunization..

  Explain one-bank credit system

Explain One-bank Credit System (be able to explain why credit as a means of payment implies an elastic supply of money). Explain Multi-bank Credit System (explain the ways in which banks can pay each other; why is a clearinghouse superior?

  Describe the production function for campaign votes

A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters (mail outs) to potential voters in an election campaign. Describe the "production function" for campaign votes.

  Discuss market trends that general motors organization

Discuss market trends that General Motors organization/industry will face and address(discuss) how their prices and technology will change or will not change, and why.

  How will the programs proposed affect future growth

How will the programs proposed affect future growth possibilities for the economy (how will they effect the PPF and long run aggregate supply)?

  True costs of production

Why are most environmental resources un-priced (or under-priced) and what are the consequences of this? Is it important for the prices of goods to reflect their true costs of production?

  Explain why cannot nations like greece or spain

Explain  why cannot nations like Greece or Spain use quantitative easing as a means to stimulate their economies.

  Determine equilibrium quantity

Now determine equilibrium quantity and graph the two equations to substantiate your answers and label these two graphs as Dl and SI.

  Explain how would it change as pm company adopts

Explain how would it change as PM Company adopts additional international market expansion strategies. How long and what will it take to actually change the organizational structure.

  Why would you as a ceo of a business choose

Why would you as a CEO of a business choose to pay your workers more and give them better benefits than your competitors?

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