Bob views apples and oranges as perfect substitutes in his consumption, and MRS of apple for orange is 2/3 for all combinations of the two goods in his indifference map. Suppose the price of apples is $2 per pound, the price of oranges is $3 per pound, and Bob's budget is $24 per week. What is Bob's utility-maximizing choice between these two goods

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production