Silky inc., which sells custom silk ties designed by famous people, faces a demand curve of q = 150 – 0.2p, where q is measured in hundreds of ties and p is the price per tie. the marginal cost of production is given by mc = 5q. what is silky's profit-maximizing output level? (hint: add two zeros to the number you get.)

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.