Assignment 2 7.2
Marks: 85
Value: 7.5%
Due Date: Thursday of Week 10
Please show all your working out on your submitted assignment papers.
(40 marks)
Question 1
(20 marks + 20marks)
Niu Point manufactures two types of PCs, a laptop and a desktop. Each laptop gives a
profit of K100 and requires 2kg of metal and 5kg of plastic to be made. Each desktop
gives a profit of K150 and requires 3kg of metal and 10kg of plastic. For every
production session per week, the factory can only allow 400kg of metal and 600kg of
plastic to be used. How many of each type of PC should be made in order to maximize
profit? What will be their maximum profit?
Create a table and write the correct data before you use graphical method and simplex
method to solve.
(5marks)
Question 2​

the benefits of raising bc’s minimum wage to $15 through a

series of pre-announced staged increases far outweigh the likely

costs. claims that such an increase will lead to massive job losses

in low-wage sectors of the economy are not credible.

• an increase to $15 would result in some job losses. however,

the likely impact is less than a 1 per cent reduction in the overall

provincial employment rate, and a 7.6 per cent reduction in the

employment rate for those currently making between $10.25

and $15 per hour.

• the large job loss impacts predicted by some opponents of

minimum wages misrepresent the existing economic research. in

reading and using that research, it is important to recognize that

estimates showing job loss effects of minimum wage increases

apply only to teenagers. estimated effects for young adult and

adult workers range from insignificant to non-existent.

• focusing on teenage workers plays up an inaccurate stereotype

about who earns very low wages in bc and leads to exaggerated

claims about job losses. only 26 per cent of those currently making

between $10.25 and $12 are teenagers, and only 5 per cent

of those making between $12 and $15 are teenagers.

i found ur answer but it won't let me see it it's on "chegg" but you have to pay 14.99 month