1. Specialization and production possibilities Suppose Norway produces only scooters and bikes. The resources that are used in the production of these two goods are not specialized-that is, the same set of resources is equally effective at producing both bikes and scooters. The shape of Norway's production possibilities frontier (PPF) should reflect the fact that as Norway produces more bikes and fewer scooters, the opportunity cost of producing each additional bike increases The following graphs show two possible PPFS for N SCOOTERS PPF Graph 1 BIKES decreases increases remains constant straight-line PPF (PPF) and a bowed-out PPF (PPF₁) SCOOTERS PPF 2 Graph 2 BIKES Based on the previous description, the trade-off Norway faces between producing bikes and scooters is best represented by K

An investor is considering the following two investments.•Investment 1 has an expected rate of return (profit) of 8% and costs $40 per share.•Investment 2 has an expected rate of return (profit) of 5% and costs $30 per share.The investor has $100 to invest to maximize her total expected rate of return, and shemust buy whole shares (not partial/factional shares) of the investments.(a) Formulate the investor’s integer programming problem.(b) Solve the investor’s problem using branch and bound and explain youranswer. How much of each investment does the investor purchase?

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Shane teaches guitar lessons. The graph below shows the comparison of his expenses and revenue for one month. r ($) L -1000 000 -600 200 Number of Lessons Expenses Revenue How many lessons must he teach to break even?

An action is not fraud unless (a) it involves a loss of value that exceeds $100 (b) it is done to obtain property to which the perpetrators is not entitled (c) the perpetrator is apprehended (d) it involves interstate business (e) none of the above

Price (dollars per gallon) $5.50 3.50 2.50 0 30 40 45 D S2 S₁ Quantity (millions of gallons per month)