Your state issues wilderness passes to people who hike, bike, and ski in wilderness areas. its objective is to maximize the total revenue from the passes. the current price is $20. the demand for wilderness passes is linear, and a price of $100 would drive the quantity demanded to zero. use the point drawing tool to plot and label a point along the demand line where total revenue from the passes would be maximized.

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)