Walters manufactures a specialty food... Walters manufactures a specialty food product that can currently be sold for $22.70 per unit and has 20,700 units on hand. Alternatively, it can be further processed at a cost of $12,700 and converted into 12,700 units of Deluxe and 6,700 units of Super. The selling price of Deluxe and Super are $30.70 and $20.70, respectively. The incremental net income of processing further would be:. a. $40, 000.
b. $12, 000.
c. $44, 000.
d. $18, 000.
e. $28, 000.

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?