The table below shows Lanark's production possibilities. A B C D E F Wheat Cars 0 96 95 91 166 82 214 64 237 37 246 0 a. If Lanark is producing 73 cars, it can produce approximately wheat. b. If Lanark is currently producing combination C, the cost of 48 more wheat is (Click to select) c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is Note: If necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10. (Click to select) D

18

Based on the table above which shows Chip's costs, if rice sells for $600 a ton, Chip'sprofit-maximizing output is:

What is the cost of producing an additional car when 50 cars are being produced?

Teresa is a hard-working second-year university student. One Thursday, she decides to work nonstop until she has answered 100 practice problems for her physics course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM 9:00 AM 10:00 AM 11:00 AM Noon Total Problems Answered 0 40 70 90 100 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. problems. Later, the teaching assistant in Teresa's physics course gives her some advice. "Based on past experience," the teaching assistant says, "working on 35 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during…

when samsung reallocates its resources to produce 3.75 million tablets instead of 2 million tablets the opporunity cost a. 1.75 million tablet b 1.75 million phone c. 7 million phone d.7 million tablet

The table below shows Lanark's production possibilities. Wheat Cars A 0 95 B 90 90 C 158 81 204 63 226 F 235 36 a. If Lanark is producing 72 cars, it can produce approximately b. If Lanark is currently producing combination C, the cost of 46 more wheat is (Click to select) c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10. wheat. (Click to select). If

Bill's Bakery has a fire and Bill loses some of his cost data. The bits of paper that he recovers after the fire provide the information in the following table (all the cost numbers are dollars). TP 10 20 30 40 50 AFC 120 A 40 30 24 AVC $60, $90, $100, $130, and $140. $20, $50, $200, $60, and $130. $80, $160, $40, $90, and $120. $90, $70, $110, $120, and $150. 100 B 90 C 108 ATC 220 150 130 D 132 MC 80 90 130 E Bill asks you to come to his rescue and provide the missing data in the five spaces identified as A, B, C, D, and E.

Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Number of Factories Q = 100 1 2 3 78°F Sunny 440 620 800 F2 Q = 200 F3 280 380 480 O Average Total Cost (Dollars per bike) Q = 300 Q = 400 240 240 320 F4 320 240 240 Suppose Ike's Bikes is currently producing 100 bikes per month in its only factory. Its short-run average total cost is $ F5 Q = 500 480 Suppose Ike's Bikes is expecting to produce 100 bikes per month for several years. In this case, in the long run, it would choose to produce bikes using On the following graph, plot the three SRATC curves for Ike's Bikes from the previous table. Specifically, use the…

Need help with this one.