please explain your answer

please explain your answer

Question 13 0 out of 10 points Suppose that a ship operator is considering to slow down its ship from its current speed of 15 knots to 12 knots on a particular voyage. This would cut the bunker consumption per day from 35 tons to 20 tons. The bunker cost is $150 per ton. Each roundtrip is 5000 nautical miles long! The ship carries 10,000 ton of cargo on each roundtrip, at a rate of $10/ton. The ship operates 360 days a year. If the goal is to maximize net profit, should the ship slow down? Question 14 O out of 10 points Consider the supply curve below for a ship of 140,000 DWT. What is the amount of transport supply this ship will provide when the freight rate is $210/ million ton-miles, assuming that the number of loaded days for this ship is 150 days per year miles Supply increases as che ohin ona de sin $225 Supply increases as the ship speeds up $200 Freight rate $ per million ton miles Max speed 15 knots Ship supply function $175 $150 Minimum speed 11 knots 10.1 13.8 Billion ton miles of transport per annum (a) Question 13 0 out of 10 points Suppose that a ship operator is considering to slow down its ship from its current speed of 15 knots to 12 knots on a particular voyage. This would cut the bunker consumption per day from 35 tons to 20 tons. The bunker cost is $150 per ton. Each roundtrip is 5000 nautical miles long! The ship carries 10,000 ton of cargo on each roundtrip, at a rate of $10/ton. The ship operates 360 days a year. If the goal is to maximize net profit, should the ship slow down? Question 14 O out of 10 points Consider the supply curve below for a ship of 140,000 DWT. What is the amount of transport supply this ship will provide when the freight rate is $210/ million ton-miles, assuming that the number of loaded days for this ship is 150 days per year miles Supply increases as che ohin ona de sin $225 Supply increases as the ship speeds up $200 Freight rate $ per million ton miles Max speed 15 knots Ship supply function $175 $150 Minimum speed 11 knots 10.1 13.8 Billion ton miles of transport per annum (a)