Answer:
Optimal qauntity is 4 Units
Explanation:
Here, we have to decide quantity of production at which maximum profit can be generated. For this reason we will have to contruct a table which will help us to calculate Marginal Benefit and Marginal cost. This table is given as under:
Quantity Total benefit Marginal benefit Total Cost Marginal Cost
0 Units 0 0 0 0
1 Units 16 16 9 9
2 Units 32 16 20 11
3 Units 48 16 33 13
4 Units 64 16 48 15
5 Units 80 16 65 17
We can see that at 4 Units, marginal revenue is almost equal to marginal cost. At this level of production, we have maximum benefits generated which is:
Maximum Benefit Generated = ($16 - $9) + ($16 - $11) + ($16 - $13) + ($16 - $15) = $7 + $5 + $3 + $1 = $16 for 4 Units
We can also cross check by considering 5 units case to assess whether the benefit generated is more than 4 units case or not.
Maximum Benefit Generated (For 5 Units) = ($16 - $9) + ($16 - $11) + ($16 - $13) + ($16 - $15) + ($16 - $17) = $7 + $5 + $3 + $1 - $1 = $15 for 4 Units
As the maximum benefit generated in the case of 4 units is more because of using marginal revenue = Marginal Cost relation, hence the optimal quantity is 4 units.
Answer:
The answer is 9 ice cream sundaes.
Explanation:
The answer to how many ice cream sundaes that John's budget of $82 is constrained to based on the following data
New Price of Ice cream sundaes (Q1) = $6
New Price of Coffee (Q2) = $4
can be calculated thus
since, 7 coffee was bought for $4 dollars each
7x4 = $28
The remaining funds is now
82-28 = $56
therefore,
$56/$6 = 9 Ice cream sundaes
The rate after its first adjustment is 5%. The ARM adjustment would be controlled by the periodic cap, because the "true rate" or "fully-indexed rate" is
6.00% (1%+5%). Because the periodic cap
prevents the start rate from moving any more than 2%
at any given adjustment, the first move can only go as
high as 5.00%.
<span>Actually motorist best approach here is to trying to figure out the correct removing rotation of lug nuts, then rotate in that direction it smoothly as possible by applying some oil or grease,which will surely do the need of the motorist to change the flat tire safely, instead of pushing or pulling it hard, which not solve the problem at all even after lot of time and energy,</span>
Answer:
Sharpen Ratio = <u> Rp - Rf</u>
standard deviation of portfolio
= <u>13.8% - 3.6%</u>
173.11%
= 0.05892
= 0.059
workings
Return of portfolio = Ra*wa + Rb*Wb
= 15%*0.6 + 12%*0.4
= 9% + 4.8% = 13.8%
Standard deviation of portfolio = square root of variance
= √ stdA²wa² + stadB²wb² + 2wawbcorrAB
= √(24%*0.6)² +(14%*0.4)² + 2*0.6*0.4*1.27
= √207.36% + 31.36% + 0.6096
= √2.9968
= 1.73
= 173.11%
Explanation: