A mining company owns two mines. These mines produce an ore that can be graded into two classes: regular grade and low grade. The company must produce at least tons of regular-grade and tons of low-grade ore per week. The first mine produces tons of regular-grade and tons of low-grade ore per hour. The second mine produces tons of regular-grade and tons of low-grade ore per hour. The operating cost of the first mine is per hour, and the operating cost of the second mine is

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%