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The Laser Printer Company decides monthly what to produce during the subsequent month. It produces three types of specialty printers-the Laser Rocket, The Laser Omega and the Laser Alpha-which bring them profit of $60, $90, and $73, respectively. The Laser Rocket requires 2.9 hours of assembly time and 1.4 hours of testing time. The Laser Omega requires 3.7 hours of assembly time and 2.1 hours of testing time. The Laser Alpha requires 3 hours of assembly time and 1.7 hours of testing time. The company wants to ensure that the Laser Omega constitutes at least 15% of the total production and that Laser Omega and Laser Rocket together constitute at least 40% of total production. There are 4,000 hours of assembly time and 2,000 hours of testing time available for the month. What combinations of printers should Laser produce to maximize profit.
Discuss one or two examples of media that have influenced your desires or affected your consumer choices and consumer behavior influenced by advertising.
drag the first point you want to plot onto the grid. Continue clicking and dragging the plotter tool until you have identified all of the necessary points for this line. Then repeat these steps for the plotter tool (called "AVC, AFC and AC "). To ..
Utilizing an aggregate supply and aggregate demand diagram, show why this self-correcting process involves only temporary periods of inflation or deflation.
Use the following information from a company's pro forma financial statements to calculate the following profitability ratios for the firm, assuming that all stocks are common stocks:
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Illustrate what are the production elasticities of demand for labor, capital (trucks) and energy. What type of returns to scale is consistent with the above production function.
What the current market indicates and why and what your future goal is. We will probably revisit some of your choices in future modules.
A scientist wants to determine the half-life of a certain radioactive substance-Based on the data, what is the half-life?
Assume that capital and labor both exhibit diminishing marginal returns, so that capital can be substituted for labor in the production process (and vice versa), but capital and labor are not perfect substitutes. How would such a tax affect the rel..
Suppose that the tax rate on the first $10,000 income is 0; 10 percent on the next $20,000; 20 percent on the next $20,000; 30 percent on the next $30,000; and 40 percent on any income over $80,000.Family A has an income of $40,000 and Family B has..
Illustrate what factors have contributed to increased income inequality an economy along with an equitable income distribution may be efficient as well.
four companies produce virtually all breakfast cereal. how might this concentation of market power affect market outcomes.
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