Applied capers 2 BUS640: Managerial Economics Chapter 3: Problem 2: Appalachian Coal Mining believes that it corporation make up labor productiveness and, there- fore, net revenue by reducing air befoulment in its mines. It estimates that the bare(a) toll kick the bucket for reducing taint by installing additional cracking equipment is MC = 40P where P represents a decrement of one whole of defilement in the mines. It in any case feels that for every unit of pollution reduction the marginal increase in revenue (MR) is MR = 1,000 - 10P. How oftentimes pollution reduction should Appalachian Coal Mining play? MC = MR and drub for P. That is 40P = 1000-10P 40P+10P=1000 50P=1000 P=20 units. Chapter 3: Problem 4: 20 premier(prenominal) Century Electronics has disc everyplaceed a theft occupation at its warehouse and has decided to employ certification system defends. The steamed wants to occupy the optimal reckon of pledge guards. The following buckle under shows how the account of gage guards affects the number of wirelesss stolen per hebdomad. build of Security Guards set out of radio receivers stolen per week 050 130 220 314 48 56 a. If from each one security guard is paying(a) $200 a week and the cost of a stolen radio is $25, how many security guards should the watertight hire?
2 guards: identification number of Security GuardsNumber of radios stolen per week 050(200 Ã 0) + (25Ã50)=1250 130(200 x 1) + (25 x 30) =950 220(200 x 2) + (25 x 20) = 900 314(200 x 3) + (25 x 14) = 950 48(200 Ã 4) +(25 Ã 8)=1000 56(200 x 5) + (25 x 6) =1150 b. If the cost of a stolen radio is $25, what is the most the tauten would be willing to contain to hire the first security guard? 50 30=20 * $25 = ergocalciferol So the maximum would be 500, anything over 500 would not be a benefit to the company. c. If each security guard is paid $200 a week and the cost of a stolen radio is $50, how many security guards should the firm hire? 3 guards Number of Security GuardsNumber of radios stolen per week 050...If you want to lay out a full essay, army it on our website: Ordercustompaper.com
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