An automated turning machine is the current constraint at Jrodison Corporation. Three products use this constrained resource. Data concerning those products apppear below: LN JQ RQ
Selling price per unit $161.88 $350.41 $446.71
Variable cost per unit $116.12 $279.11 $338.71
Minutes on the constraint 2.6 4.6 7.5

Rank the products in order of their current profitabilityy from most profitable. In other words, rank the products in the order is which they should be empathized.

a. LN, JQ, RQ
b. RQ, LN, JQ
c. RQ, JQ, LN
d. JQ, RQ, LN

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false

Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.