Economic Assignment
whiterose2015
Spreadsheet.xlsxCH2-SP1
| THE OPTIMAL OUTPUT OF SPARE PARTS | |||||
| Quantity | Price | Revenue | Cost | Profit | |
| 20 | 760 | 15,200 | 24,200 | -9,000 | |
| MR | MC | Mprofit | |||
| 720 | 220 | 500 |
CH2-SP2
| AN OPTIMAL ADVERTISING BUDGET | ||||
| Advertising | Revenue | Cost | Profit | |
| 8.000 | 10.00 | 8.000 | 2.000 | |
| MR | MC | Mprofit | ||
| 0.625 | 1.000 | -0.375 |
CH2-SP3
| PRICING AMAZON KINDLE | |||||||
| Quantity | Price | Revenue | Cost | Profit | e-Book Profit | Total Profit | |
| 2 | 224 | 448 | 252 | 196 | 200 | 396 | |
| Effective | Effective | ||||||
| MR | MC | Mprofit | MC | Mprofit | |||
| 154 | 126 | 28 | 26 | 128 |
CH 5 - QP4
| OPTIMAL LABOR PLAN | ||||||
| Labor | MCL | Output | Price | Profit | ||
| 199.9999973756 | 20 | 149.9999986878 | 40 | 2000 | ||
| MRP | MPL | MR | ||||
| 20.0000002624 | 0.5000000066 | 40 |
CH5-SP1
| OPTIMAL INPUTS | ||||||||
| Output | 136.0 | |||||||
| Price | 10.0 | |||||||
| Labor | 20.0 | Capital | 50.0 | |||||
| MPL | 1.600 | MPK | 1.000 | MR | 10.0 | |||
| Revenue | 1360.0 | |||||||
| MRPL | 16.0 | MRPK | 10.0 | |||||
| MCL | 10.0 | MCK | 20.0 | Cost | 1200.0 | |||
| Ave Cost | 8.8 | |||||||
| Profit | 160.0 |
CH6-SP1
| OPTIMAL PRODUCTION | ||||||||
| Output | 36 | |||||||
| Price | 8.50 | |||||||
| Labor | 1.00 | Capital | 9.00 | |||||
| MPL | 18.00 | MPK | 2.00 | MR | 8.00 | |||
| Revenue | 306 | |||||||
| MRPL | 144.00 | MRPK | 16.00 | |||||
| MCL | 36.00 | MCK | 16.00 | Cost | 180 | |||
| Ave Cost | 5.00 | |||||||
| Profit | 126 | |||||||
