Relevant Costs And Basic Estimating

Assignment Week Two: utilize paradoxs Bobbi Triolo Bus 640: managerial Economics Dr. Brownfield 1/15/2012 Applied Problems 2 Problem #2: A regression is a statistical abridgment assessing the association mingled with both variables (easycalculation.com). The problem given below is to denudation the lacking variable or tot up which testament show how these two equations ar associated. The marginal monetary grade function for reducing mien befoulment thru installing additive equipment is MC=40P. P = 1 unit of pollution in the mines. The marginal revenue attach for 1 unit of pollution is MR=1,000- 10P. How much pollution simplification should the company take? If MC=MR, you need to solve for P 40P + 10P = 1,000 50P=1,000 P=20 unitsThats how much pollution decline the company should take. Problem #4: 21st Century Electronics is having a problem with theft. Using the hold over provided, we can answer the questions regarding how the num erate of security cautions affects the number of radios being stolen. a. If separately security guard get $ two blow a week and the court of a radio is $25, the regular should hire 2 security guards. The cerebration is not to conk more in security than what you ar already losing from the theft. b. If the terms of a stolen radio is $25, the most the firm should spend on the first security guard is $500. If with no guards 50 radios argon stolen, and with the first guard only 30 are stolen, Applied Problems 3 50-30=20. 20 radios at $25 each is $500. over againyou dont extremity to spend more than what you are losing in the stolen property. c. If each guard is paid $200 and the cost of a stolen radio is $50, the firm should hire 3 guards. In all the above questions, you would want to multiply the number of radios stolen by the cost of the radios. If you already know the weekly cost of the security officer is $200, you just need to make accredited you are not spe! nding more than what you are losing already is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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