Question: 1 . A laboratory is using micro - electrodes, which can be made in the laboratory or purchased. The equipment to produce the electrodes would
A laboratory is using microelectrodes, which can be made in the laboratory or purchased. The equipment to produce the electrodes would cost $ The research technician could manufacture the electrodes and is paid $ an hour. A research assistant could be trained to produce the electrodes and is paid only $ an hour. However, the assistant would require weeks of training, during which time the electrodes would have to be bought from an outside source. The cost of purchasing the electrodes is $ per piece, and every week they need electrodes. The technician could produce electrodes a day, as could the assistant after proper training. The material cost for each electrode is $
a Determine the equations to represent the total cost Y for each of the three makeandbuy alternatives, in terms of the number of units x Draw the line for these equations on a single graph using Excel.
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