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- Let say you have 3 products: cake, candy, and bread. The revenue per cake is $8. The revenue per candy is $4. The revenue per bread is $5. Define the number of cake, candy, and bread you are about to produce per day as x, y, and z respectively. The manager wants that the number of cake accounts for at least 30% of the total production per day. What is the correct linear constraint to show this? Group of answer choices 0.3x – 0.7y – 0.7z ≥ 0 0.7x – 0.3y – 0.3z ≥ 0 0.7x – 0.3y – 0.7z ≥ 0 0.3x – 0.7y – 0.3z ≥ 0What are the three Gauss–Markov conditions? Explain.In the following examples, identify the exogenous (or independent) variable and the endogenous (or dependent) variable. a. Student loans availability and student attendance at university. The exogenous variable is and the endogenous variable is student loans availability student attendance at university
- So is the answer C or D?Let say you have 3 products: cake, candy, and bread. The revenue per cake is $8. The revenue per candy is $4. The revenue per bread is $5. Define the number of cake, candy, and bread you are about to produce per day as x, y, and z respectively. The manager wants that the number of candy is at least equal to the total number of cake and bread. What is the correct linear constraint to show this? Group of answer choices z – x – y ≥ 0 x – 2y – z ≥ 0 y – x – z ≥ 0 x – y – z ≥ 0Question 6.....please solve
- Now assume we can derive an economic analysis from the biological relationship. Fisherman select the number of boats to operate - boats will be the choice of EFFORT. Boats Total Harvest 0 (tons) 0 100 200 300 400 500 600 700 800 900 1,200 2,200 2,800 3,000 2,800 2,400 1,600 800 Suppose the price of fish is $1,000 per ton. Suppose the cost to operate a boat for a year is $4,000. Construct a graph showing the total revenue and cost of the fishery. 0 What is the highest profit that can be earned, and how many boats are used for this? ( What is the corresponding long-run stock level associated with the profit-maximizing choice of effort? What is the profit earned if fisherman harvested the MSY? What number of boats are used in open access?A sheet of paper 80 cm-by-72 cm is made into an open box (i.e. there's no top), by cutting x-cm squares out of each corner and folding up the sides. Find the value of x that maximizes the volume of the box. Give your answer in the simplified radical form. X = is the max.How do I graph this? My equilibrium I'm getting P=14 but when I plug that into the equations I'm getting Qs= 21 and Qd= 7.
