Economics homework help

Part 1 of 5 – Part 1 This part of the question is based on the information from Problem 7-14 and 7-15 in the textbook. Questions are for Problem 7-15 only.Question 1 of 11 10.0 Points When adding the additional constraints in 7-15 (a) to Program 7-14, the optimal production mix of air conditioners and fans is __________. (The first number is for air conditioners and the second for fans.) A. (50,30) B. (20,80) C. (40,60) D. (26.67,80) Reset Selection Mark for Review What’s This? Question 2 of 11 10.0 Points For 7-15 (a), the slack for the four constrains — Total hours of wiring, Total hours of drilling, Number of air conditioners, Number of fans are __________, respectively. (Hint: A negative number shows that the constraint is binding downward, i.e. it sets a lower rather than an upper limit. You may take the negative sign out when interpreting the results.) A. 0, 0, 20, 20 B. 0, 0, 10, 20 C. 0, 0, 20, 10 D. 10, 10, 10, 10 Reset Selection Mark for Review What’s This? Question 3 of 11 5.0 Points When adding the additional constraints in 7-15 (b) to Program 7-14, the optimal production of air conditioners is and the optimal production of fans is . (Please only enter an integer and include no units.) Mark for Review What’s This? Question 4 of 11 5.0 Points For 7-15 (b), the slack for the four constrains — Total hours of wiring, Total hours of drilling, Number of air conditioners, Number of fans are __________, respectively. (Hint: A negative number shows that the constraint is binding downward, i.e. it sets a lower rather than an upper limit. You may take the negative sign out when interpreting the results.) A. 0, 0, 15, 10 B. 5, 0, 15, 0 C. 0, 5, 15, 0 D. 0, 0, 10, 15 Reset Selection Mark for Review What’s This? Part 2 of 5 – Part 2 This part of the question is based on the information from Problem 7-17 in the textbook.Question 5 of 11 10.0 Points The optimal production of benches is and the optimal production of tables is . (Please only enter an integer and include no units. Hint: Because of the resource constraints, you may not be able to produce 4 tables even if the solution is 3.8; you may have to just produce 3 tables.) Mark for Review What’s This? This part of the question is based on the information from Problem 7-20 in the textbook.Question 6 of 11 10.0 Points The optimal dollar amount invested in Petrochemical stock is _________ dollars, and the optimal dollar amount invested in Utility stock is ___________ dollars. (Please only enter an integer and include no units. Hint: The total risk on each stock is the risk index times the investment in dollars. When you use Excel QM, you need to end the total risk in the right hand side of the constraint not simply the risk index.) A. 20,000, 30,000 B. 30,000, 20,000 C. 10,000, 15,000 D. 15,000, 10,000 Reset Selection Mark for Review What’s This? Question 7 of 11 10.0 Points The average risk index (not in dollar amount) for the optimal investment is , and the estimated best/maximum return for this investment is . (Please only enter an integer and include no units.) Mark for Review What’s This? Part 4 of 5 – Part 4 This part of the question is based on the information from Problem 8-2 in the textbook. Hint: You will need to rearrange one of the constraints in this problem so that all variables will be at the left hand side of the constraint and the right hand side of the constraint will be zero. You may adjust he sign of the constraint accordingly. Please refer to Program 8.2 as an example.Question 8 of 11 10.0 Points The optimal money invested in the five stocks and bonds — Municipal bonds, Electronics, Aerospace, Drugs, and Nursing homes are __________ dollars, respectively. A. 50,000, 50,000, 50,000, 50,000, 50,000 B. 50,000, 0, 0, 175,000, 25,000 C. 25,000, 0, 0, 175,000, 50,000 D. 50,000, 25,000, 25,000, 125,000, 25,000 Reset Selection Mark for Review What’s This? Part 5 of 5 – Part 5 This part of the question is based on the information from Problem 8-18 and 8-19 in the textbook. Questions are for Problem 8-19 only.Question 9 of 11 10.0 Points The optimal number of medical patients per year is , and optimal number of surgical patients per year is . The maximum annual profit is dollars. (Please round to the closest integer and include no units.) Mark for Review What’s This? Question 10 of 11 10.0 Points Among the 90 additional beds, _______ beds should be used for medical patients and _______ beds used for surgical patients. A. 45, 45 B. 60, 30 C. 61, 29 D. 29, 61 Reset Selection Mark for Review What’s This? Question 11 of 11 10.0 Points At the optimal, there are empty beds, lab tests of unused capacity, x-rays of unused capacity, and unused operation rooms available. (Please round to the closest integer and include no units.) Mark for Review What’s This? Part 1 of 5 – Part 1This part of the question is based on the information from Problem 7-14 and 7-15 in the textbook.Questions are for Problem 7-15 only. Question 1 of 11 10.0 PointsWhen adding…