Handout Ch 3 - Extra Solutions

Handout Ch 3 - Extra Solutions - Solutions to Extra Study...

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Solutions to Extra Study Problems, Chapter 3: Question 1: Q Q Q Q Q 51 335 65 50 56 . 0 ) 05 . 0 20 ( 20 ) ( 2 = = π Question 2: Solution: pounds Q P P Q 125 . 8 875 . 1 10 ) 5 . 2 ( 75 . 0 10 5 . 2 75 . 0 10 = = = = For P=3 pounds Q 75 . 7 25 . 2 10 ) 3 ( 75 . 0 10 = = = For P = 3.5 pounds Q 375 . 7 ) 5 . 3 ( 75 . 0 10 = = For P=5 pounds Q 25 . 6 ) 5 ( 75 . 0 10 = = Question 3: a) FC VC TC + = 85 10 56 . 0 + + = Q Q TC 2 b) Q P TR * = 2 04 . 0 34 ) 04 . 0 34 ( Q Q Q Q TR = = . c) 85 6 . 0 24 ) 85 10 56 . 0 ( 04 . 0 34 2 2 2 = + + = = Q Q
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