Consider a company in which two product croissants and cheesecake are produced. There are 100 pounds of materials and 80 hours of labor available. It requires 2 pounds of material and 1 hour of labor to produce a unit of croissant. It requires 4 pounds of materials and 5 hours of labor to produce a unit of cheesecake. The profit for croissant is $30 per unit, and the profit for cheesecake is $50 dollar per unit. To maximize profit, how many croissants and cheesecakes the company would need to produce

answer; ( prices are sticky);

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

hi there, i would say your answer is:

b. there is a fixed quantity of resources and technology available.

hope that : )