Question
In: Economics
You own a hamburger franchise and are planning to shut down operations for the day but...
You own a hamburger franchise and are planning to shut down operations for the day but you are left with 17 defrosted beef patties, 12 buns, and 13 opened cheese slices. Rather than throwing them out, you decide to use them to make burgers that you will sell at a discounted price. Plain burgers each require 1 beef patty and 1 bun; double cheeseburgers each require 2 beef patty and 1 bun and 2 slices of cheese; while regular cheese burgers require 1 beef patty, 1 bun, and 1 slice of cheese.How many of each should you make in order to use up all the open ingredients? Write a complete sentence or sentences including appropriate units.
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
1, You own a hamburger franchise and are planning to shut down operations for the day,...
1, You own a hamburger franchise and are planning to shut down
operations for the day, but you are left with 11 buns, 13 defrosted
beef patties, and 10 opened cheese slices. Rather than throw them
out, you decide to use them to make burgers that you will sell at a
discount. Plain burgers each require 1 beef patty and 1 bun, double
cheeseburgers each require 2 beef patties, 1 bun, and 2 slices of
cheese, while regular cheeseburgers each...
You own and operate a hamburger. Each year, you receive revenue of $400,000 from your hamburger...
You own and operate a hamburger. Each year, you receive revenue
of $400,000 from your hamburger and associated food sales, and it
costs you $200,000 for the food. In addition, you pay $80,000 for
electricity, taxes, and other expenses per year. Instead of running
the hamburger, you could become a management consultant and receive
a yearly salary of $100,000. A large clothing retail chain wants to
expand and offers to rent the store from you for $40,000 per year.
How...
January 1st 2034, you have chosen to step down from day to day operations and have...
January 1st 2034, you have chosen to step down from
day to day operations and have hired a former Vice President of
Starbucks, George, to run Cool Beans now that the number of
locations has expanded dramatically. There are currently
72 locations that span from Miami, FL to Charleston, SC, and your
coffee beans are on store shelves of Publix, Winn Dixie, and Piggly
Wiggly. You have identified an acquisition target, Crazy
Mocha of Pittsburgh. The owner is willing to sell the
chain...
why woyld a market shut down or produce
why woyld a market shut down or produce
A hamburger franchise specifies that the average serving size for an order of large fries should...
A hamburger franchise specifies that the average serving size
for an order of large fries should be 168 grams and the standard
deviation only 2.5 grams. If the serving is below the mean by more
than 3 standard deviations, the restaurant will be in danger of
losing its franchise. A franchise inspector picks out an order of
large fries at random from both the City Burger Joint and the
Country Burger Joint. His two random samples shows a serving size...
A hamburger franchise specifies that the average serving size for an order of large fries should...
A hamburger franchise specifies that the average serving size
for an order of large fries should be 168 grams and the standard
deviation only 2.5 grams. If the serving is below the mean by more
than 3 standard deviations, the restaurant will be in danger of
losing its franchise. A franchise inspector picks out an order of
large fries at random from both the City Burger Joint and the
Country Burger Joint. His two random samples shows a serving size...
18. A firm should shut down in the short run if:
18. A firm should shut down in the short run if:
a. price is greater than average variable costs
b. average fixed costs are greater than marginal revenue
c. price is less than average variable costs
d. total costs are greater than fixed costs
19. A firm is said to be making profits when:
a. marginal revenue exceeds marginal costs.
b. marginal revenue exceeds variable costs.
c. average revenue exceeds average total...
In pure competition, how do you determine the following: a. If the firm should shut down...
In pure competition, how do you determine the following:
a. If the firm should shut down in the short-run.
b. The level of output that a firm should produce.
c. Whether the firm is incurring losses or earning profits?
Whether or not it is moral for the government to force businesses to shut down during...
Whether or not it is moral for the government to force
businesses to shut down during the pandemic using
utilitarianism.
A monopolist will shut down in the short run if: a. total revenue is less than...
A monopolist will shut down in the short run if:
a.
total revenue is less than total variable cost.
b.
price is less than marginal revenue.
c.
marginal revenue is less than price.
d.
total revenue is less than total fixed cost.
e.
marginal revenue is less than marginal cost.
A movement from an abnormally high rate of unemployment toward a
more typical level of unemployment would:
a.
move an economy from a point on the production possibilities
curve to...
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