What is the maximum number of cells a user can select - id5531050 от arnold2619 08.05.2022 20:44

Question

Business: What is the maximum number of cells a user can select for the Set Objective variable in the Solver Parameters dialog box? A user can select only a single cell for the Set Objective variable. A user can select up to three cells for the Set Objective variable. A user can select any number of cells for the Set Objective variable. A user can select as many active cells as a worksheet contains for the Set Objective variable.

arnold2619 · Accepted Answer

B. The firm hires 45 workers and earns a $1200.00 Economic Profit

Explanation:

According to the table, when the Market Equilibrium Wage Rate is $105, the number of workers to hire would be 45 and the revenue would be $7,425.

If 45 workers are hired, they would cost:

= 45 * 105 per worker

= $4,725

Added to the fixed cost, the total cost would be:

= 4,725 + 1,500

= $6,225

The profit would be:

= Revenue - cost

= 7,425 - 6,225

= $1,200

If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires n

What is the maximum number of cells a user can select for the Set Objective variable

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