Trade-Offs and Trade Work It Out: Assume the economy of Atlantis only produces fish (point F). Calculate the opportunity cost of producing potatoes in 200 pound increments. Maximum annual Quantity of potatoes Quantity of fish output options (pounds) (pounds)A 1000 0B 800 300C 600 500D 400 600E 200 650F 0 675a. Opportunity cost of increasing production from 0 pounds to 200 pounds of potatoes: pounds of fish. b. Opportunity cost of increasing production from 200 pounds to 400 pounds of potatoes: pounds of fish. c. Opportunity cost of increasing production from 400 pounds to 600 pounds of potatoes: pounds of fish. d. Opportunity cost of increasing production from 600 pounds to 800 pounds of potatoes: pounds of fish. e. Opportunity cost of increasing production from 800 pounds to 1,000 pounds of potatoes: pounds of fish.
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Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
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Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
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Trade-Offs and Trade Work It Out: Assume the economy of Atlantis only produces fish (point F). Calcu...
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