Quantity Discount: Consider a quantity discount problem where the yearly demand for the product is 1,286 units, the ordering cost is $47, the annual holding cost is 35% of the purchase price, and the price depends on the quantity as follows: Quantity Ordered Purchase Price per unit 0 to 199 units $66 each 200 to 4,999 units $44 each 5,000 or more $33 each Calculate the EOQ for the quantity range of 0 to 199 units (round to a whole number).

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Amanda works as an industrial designer