A toy store has shelf space to hold at most 60 baby dolls of three different types. Sleeping baby dolls cost $6 each, talking baby dolls cost $7.50 each, and walking baby dolls cost $9 each. The store can afford to spend up to $405 for the dolls. The sleeping, talking, and walking baby dolls resell for $12, $13.50, and $17 each, respectively. The store wishes to maximize its profit by ordering the appropriate number of each type of doll. (Remember: Profit = Revenue - Cost)

(a) How many of each type of doll should be ordered to maximize profit?

(b) What is the maximum profit?

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

According to this excerpt, a key part of our national security strategy is

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.