Question: A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $ 3 0 0 ?per day. Assume that

A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $ 3 0 0 ?per day. Assume that the additional vehicle would be capable of delivering 1 , 5 0 0 ?packages per day and that each package that is delivered brings in 3 0 ?cents in revenue. Also assume that adding the delivery vehicle would not affect any other costs.
Instructions: Enter your answers rounded to 2 ?decimal places.
What is the MRP ? ?What is the MRC ?
MRP = ?$
MRC = ?$
Should the firm add this delivery vehicle?
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Now suppose that the cost of renting a vehicle doubles to $ 6 0 0 ?per day. What are the MRP and MRC ?
MRP = ?$
MRC = ?$
Should the firm add a delivery vehicle under these circumstances?
( Click to select )
Next suppose that the cost of renting a vehicle falls back down to $ 3 0 0 ?per day but, due to extremely congested freeways, an additional vehicle would only be able to deliver 7 5 0 ?packages per day. What are the MRP and MRC in this situation?
MRP = ?$
MRC = ?$
Would adding a vehicle under these circumstances increase the firm's profits?

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