Mathematics, 24.11.2020 20:50 anthony983
Two groups of people, the Yellow Group and the Orange Group, suddenly find themselves in a world where there are only two 'production opportunities': pumping water and picking berries.
After a little while the Yellow Group has learned that it seems to produce about 2 gallons per hour while pumping water and about 8 berries per hour while picking.
Meanwhile the Orange Group has learned that it seems to produce about 1 gallon per hour while pumping water and about 3 berries per hour while picking.
If we were able to make production decisions that were efficient from the perspective of both groups combined, what would we consider to be the opportunity cost of producing one gallon of water?
3 berries
4 berries
25 cents
33â…“ cents
Answers: 2
Mathematics, 21.06.2019 21:00
Which zero pair could be added to the function f(x) = x2 + 12x + 6 so that the function can be written in vertex form? o 3, -3o 6,629,-936, 36
Answers: 3
Mathematics, 22.06.2019 05:00
Amanufacturing firm has been averaging 16.8 orders per week for several years. however, during a recession, orders appeared to slow. suppose the firm’s production manager randomly samples 31 weeks and finds an average of 15.6 orders with a standard deviation of 2.3 orders. using a 0.025 significance level, test whether the mean number of orders has decreased. type the full 5 step procedure into the answer box, then for multiple choice practice, answer the following: 1. what is the name and symbol of the parameter that you are testing? 2. what is the symbol and value of the point estimate of that parameter? 3. what distribution are you using to test this parameter? 4. what is the critical value? 5. what is the test statistic value? 6. what is the p-value?
Answers: 2
Two groups of people, the Yellow Group and the Orange Group, suddenly find themselves in a world whe...
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