Suppose you can hire your mechanic for up to six hours. Your benefit and cost functions are:
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Your marginal benefit is 180 Your marginal cost is 820 Your best choice ...View the full answer
Answered By
Salmon ouma
I am a graduate of Maseno University, I graduated with a second class honors upper division in Business administration. I have assisted many students with their academic work during my years of tutoring. That has helped me build my experience as an academic writer. I am happy to tell you that many students have benefited from my work as a writer since my work is perfect, precise, and always submitted in due time. I am able to work under very minimal or no supervision at all and be able to beat deadlines.
I have high knowledge of essay writing skills. I am also well conversant with formatting styles such as Harvard, APA, MLA, and Chicago. All that combined with my knowledge in methods of data analysis such as regression analysis, hypothesis analysis, inductive approach, and deductive approach have enabled me to assist several college and university students across the world with their academic work such as essays, thesis writing, term paper, research project, and dissertation. I have managed to help students get their work done in good time due to my dedication to writing.
5.00+
4+ Reviews
16+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H)= 654H - 40H2and C(H) = 110H + 120H2. The corresponding formulas for marginal benefit and...
-
Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H) = 420H - 40H2 and C(H) = 110H + 120H2. The corresponding formulas for marginal benefit and...
-
Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H) = 400H and C(H) = 100H. The corresponding formulas for marginal benefit and marginal cost...
-
Panettones are fluffy dome-shaped Italian cakes popular during the holiday season. For Balucis Bakery in Milan, sales of panettones in December account for 50% of its income for the year. The bakery...
-
Heidi Brooke is a consultant to Colorado Paper Products Company. She is helping one of the companys divisions to install a standard cost system for 20X0. For product-costing purposes, the system must...
-
It is really helpful to start reading professional research articles to see how these concepts are used in actual study scenarios. Give it a try in this article, where the researchers examined the...
-
Consider a boundary layer with no external pressure gradient (a flat plate). Then, from the Prandtl boundary-layer equation, deduce that \[\mu \frac{d^{2} v_{x}}{d y^{2}}=0 \text { at } y=0\] Now...
-
The bookkeeper for Willingham Corporation made these errors in journalizing and posting. 1. A credit posting of $400 to Accounts Receivable was omitted. 2. A debit posting of $750 for Prepaid...
-
discuss the role of leadership in championing Lean Management initiatives, fostering a culture of accountability and empowerment, and driving organizational change towards a Lean enterprise paradigm...
-
Brian Smith, network administrator at Advanced Energy Technology (AET), was given the responsibility of implementing the migration of a large data center to a new office location. Careful planning...
-
Suppose you can hire a mechanic to work on your car for up to six hours. The benefit of repair work is: B(H) = 654H - 112H2 and the cost is: C(H) = 110H + 24H2, where H is the number of hours. What...
-
John is a salesman for the local car dealership. He can divide his 40-hour work week between talking to customers that walk in the door and calling possible prospects. Let W be the number of hours...
-
Azule Company produces a single product. Its income statement under absorption costing for its first two years of operation follow 2012 2013 Sales ($35 per unit) . . . . . . . . . . . . . . . . . . ....
-
Select a culture with which you have had contact. How does it differ from your own culture? How might these differences affect international marketing activities, business negotiations or ongoing...
-
Exchange rate fluctuations between the Japanese yen, the euro, and the US dollar have posed serious problems for Strato Designs (the name of the company is disguised). The California company produces...
-
A professor and her husband, while on vacation in eastern Europe, found some beautifully handcrafted, fired-clay figurines for sale in Budapest. Displayed by the artist in a stall in a small open...
-
After many years of international consulting and trading activities with Hong Kong and China, Klaus Koehler established a services company, the Klako Group, in Hong Kong in 1979. The company provided...
-
Three things set The Pampered Chef, a direct selling company, apart from its competition in the housewares industry: a passion for providing unique, quality products, a dedication to ensuring...
-
In Exercises find the average rate of change of the function over the given interval. Compare this average rate of change with the instantaneous rates of change at the endpoints of the interval. (t)...
-
What is taxable income, and what is the formula for determining taxable income?
-
1. The three basic economic questions a society must answer are _________ products do we produce? _________ do we produce the products? _________ consumes the products? 2. List the five factors of...
-
1. What is the economist s solution to the congestion problem? a. Require people to carpool. b. Charge a toll during rush hour. c. Require people to move closer to their jobs. d. No economist would...
-
1. What is the economist s solution to the congestion problem? a. Require people to carpool. b. Charge a toll during rush hour. c. Require people to move closer to their jobs. d. No economist would...
-
. For each of these relations, write down all functional dependencies. If there are no functional dependencies among attributes, you must state so. Do not write down trivial functional dependencies,...
-
and b = 3. 7.3a=2*b 8.(5-a)*b <7 9.b
-
What diameter of vertical tube would allow mayonnaise (= 1,200 kg/m3) to flow under its own weight?
Study smarter with the SolutionInn App