Bus 640 Week 2 Assingment

Applied fusss 2 BUS640: Managerial Economics Chapter 3: Problem 2: Appalachian Coal Mining believes that it fire summation labor productiveness and, there- fore, net revenue by reducing air contamination in its mines. It estimates that the bare(a) toll flow for reducing taint by installing additional groovy equipment is MC = 40P where P represents a decrement of one building block of pollution in the mines. It besides feels that for every unit of pollution reduction the marginal increase in revenue (MR) is MR = 1,000 - 10P. How much pollution reduction should Appalachian Coal Mining take in charge? MC = MR and drub for P. That is 40P = 1000-10P 40P+10P=1000 50P=1000 P=20 units. Chapter 3: Problem 4: 20 root Century Electronics has disc everywhereed a theft occupation at its warehouse and has decided to interlock certification system arrests. The rigid wants to occupy the optimal egress of surety guards. The following harmonize shows how the nume run of aegis guards affects the number of wirelesss stolen per hebdomad. build of Security Guards rate of intercommunicates stolen per week 050 130 220 314 48 56 a. If severally security guard is remunerative $200 a week and the cost of a stolen radio is $25, how many security guards should the pissed hire?

2 guards: anatomy of Security GuardsNumber of radios stolen per week 050(200 × 0) + (25×50)=1250 130(200 x 1) + (25 x 30) =950 220(200 x 2) + (25 x 20) = 900 314(200 x 3) + (25 x 14) = 950 48(200 × 4) +(25 × 8)=1000 56(200 x 5) + (25 x 6) =1150 b. If the cost of a stolen radio is $25, what is the most the strong would be willing to payment to hire the first security guard? 50 30=20 * $25 = ergocalciferol So the maximum would be 500, anything over 500 would not be a benefit to the company. c. If each security guard is paid $200 a week and the cost of a stolen radio is $50, how many security guards should the firm hire? 3 guards Number of Security GuardsNumber of radios stolen per week 050...If you want to claim a full essay, tramp it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper