Business, 18.12.2019 23:31 DASASDAEDWEDA
The second largest public utility in the nation is the sole provider of electricity in 32 counties of southern florida. to meet the monthly demand for electricity in these counties, which is given by the inverse demand function p = 1,200 – 4q, the utility company has set up two electric generating facilities: q1 kilowatts are produced at facility 1, and q2 kilowatts are produced at facility 2 (so q = q1 + q2). the costs of producing electricity at each facility are given by c1(q1) = 8,000 + 6q12 and c2(q2) = 6,000 + 3q22, respectively. determine the profit-maximizing amounts of electricity to produce at the two facilities, the optimal price, and the utility company’s profits.
Answers: 3
Business, 21.06.2019 14:50
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Business, 22.06.2019 15:00
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Business, 22.06.2019 19:00
Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.
Answers: 2
The second largest public utility in the nation is the sole provider of electricity in 32 counties o...
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