Rework problem 24 in section 1 of Chapter 7 of your textbook, about the Columbus Cruiselines, using the following data. Assume that the Nina has 550 regular cabins and 160 deluxe cabins; that the Pinta has 410 regular cabins and 420 deluxe cabins; and that the Santa Maria has 810 regular cabins and 540 deluxe cabins. Assume also that during the season there will be a demand for 11200 regular cabins and a demand for 7100 deluxe cabins. Assume also that the cost of operating the Nina for a week is $117000, that the cost of operating the Pinta for a week is $116000, that the cost of operating the Santa Maria for a week is $178000. For how many weeks should each ship be scheduled in order to meet the demand at minimum cost

What does the phrase limited liability mean in a corporate context?

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

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)