Multiple resources and how much to use them Suppose that you own a restaurant and you have to choose how many experienced and novice chefs to hire for the kitchen. An experienced chef can cook 22 meals per hour, while a novice chef can cook only 11 meals per hour. Experienced chefs cost $32 per hour. True or False: If unskilled chefs cost $13 per hour, you are indifferent between hiring skilled and unskilled chefs.

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?