4-2 Game Day Shuttle Service

Please follow  the directions and questions completely. Complete the following problems from Chapters 4 and 5 in Managerial Economics: A Problem-Solving Approach. For each question, write 250-500-word explanation clearly showing how you solved the problem.

4-2 Game Day Shuttle Service

Don't use plagiarized sources. Get Your Custom Essay on
4-2 Game Day Shuttle Service
Just from $13/Page
Order Essay

You run a game day shuttle service for parking

services for the local ball club. Your costs for different

customer loads are 1: $30, 2: $32, 3: $35,

4: $38, 5: $42, 6: $48, 7: $57, and 8: $68. What

are your marginal costs for each customer load

level? If you are compensated $10 per ride,

what customer load would you want? 

4-6 Copier Company

A copy company wants to expand production. It

currently has 20 workers who share eight copiers.

Two months ago, the firm added two copiers,

and output increased by 100,000 pages per day.

One month ago, they added five workers, and

productivity also increased by 50,000 pages per

day. Copiers cost about twice as much as workers.

Would you recommend they hire another?

employee or buy another copier?

5-4 Solar Panel Installation

A university spent $1.8 million to install solar panels atop a parking garage. These panels will

have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10%.

A. If electricity can be purchased for costs of $0.10 per kwh, how many hours per year

will the solar panels have to operate to make this project break even?

B. If efficient systems operate for 2,400 hours

per year, would the project break even?

C. The university is seeking a grant to cover

capital costs. How big of a grant would make

this project worthwhile (to the university)?

5-5 Toy Trucks

Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.5 million for a plastic injection molding machine (which can be sold for $2.0 million) and $100,000 in plastic injection molds specifically for the toy (not valuable to anyone else). Labor and the cost of materials necessary to make each truck is about $3. This year, a competitor has developed a similar toy that has significantly reduced demand for the toy truck. Now, the original manufacturer is deciding whether they should continue production of the toy truck. If the estimated demand is 100,000 trucks, what is the break-even price for the toy truck? Should you shut down?

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Writall
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business Studies
Customer 454567, February 21st, 2022
Best person ever to write a paper.
Customer 454983, January 24th, 2022
Thank you for your work
Customer 455057, March 2nd, 2023
omgggg i got a A- . thank you soooo much
Customer 454429, June 29th, 2020
Social Work and Human Services
Customer 453933, October 27th, 2020
Business Studies
great job!
Customer 454811, February 21st, 2022
Great Writer
Customer 454983, March 7th, 2022
thank you very much, this helps gets me off to a good start!
Customer 454569, November 1st, 2020
Thank you!
Customer 455521, June 26th, 2023
Senior Seminar
Great Job!!! Thank you
Customer 453503, April 21st, 2020
Thank you for the hard work, very little revision on my part.
Customer 455121, November 29th, 2021
Art (Fine arts, Performing arts)
Thank you
Customer 454677, April 21st, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live Chat+1(978) 822-0999EmailWhatsApp