4 Various techniques have been proposed to curb cross-border drug smuggling into a country. The costs of implementing each strategyalong a particularly rugged section of the border are indicated below. The table also includes a score that is compiled based ondeterrence, interdiction, and apprehension, with a higher score indicating better performance. Determine the technique with thehighest and the lowest cost-effectiveness ratio. For a budget of $55 million, determine the total cost of the most cost-effectivetechniques.ActivityCost, $ScoreTethered Aerostats3.38.Boots-on-the-Ground30.152Fence11.212Motion Sensors6.87Seismic Sensors4.4Drones10.426The activity with the lowest cost-effectiveness ratio is (Click to select)The activity with the highest cost-effectiveness ratio is (Click to select)The total cost is $million.

*Answer: First we will find the the cost effectiveness ratio for each of the activity . It is given…

Answered: Activity Cost, $ Score Tethered…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Various techniques have been proposed to curb cross-border drug smuggling into a country. The costs of implementing each strategy along a particularlyrugged section of the border are indicated below. The table also includes a score that is compiled based on deterrence, interdiction, and apprehension, witha higher score indicating better performance. For a budget of $51 million,determine the total cost of the most cost-effective techniques. Cost, $ Activity Tethered Aerostats Boots-on-the-Ground Fence Motion Sensors Score 4.3 8 40.1 52 13.7 12 7.8 7 Seismic Sensors 5.4 Drones 12.4 26
Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an average of 1,375 hamburgers on game night. When the price was raised to $3.00, hamburger sales dropped off to an average of 1,250 per night. The concessionaire's fixed costs were $1,133.60 per night and the variable cost was $2.60 per hamburger. Answer the following questions (A) through (F). (A) Assume that the relationship between price p and demand x is linear. Express p as a function of x and find the domain of this function. p=nothing The domain of p is nothing. (Type a compound inequality.) (B) Find the revenue function in terms of x and state its domain. R(x)=nothing The domain of R(x) is nothing. (Type a compound inequality.) (C) Assume that the cost function is linear. Express the cost function in terms of x. C(x)=nothing (D) Graph the cost function and the revenue function in the same coordinate system. Choose the correct graph below. Find the…
I know this is technically more than one problem, but it would be weird to send multiple questions since you would need to answer the ones before it to make the whole picture. If possible, just take away 7 questions.
"Time fixed effects control for unobserved variables that are the same acrossentities but vary over time". Is this statement true?
Solve this early all three subparts.
A company manufacturers and sells x electric drills per month. The monthly cost and price-demand equations are C0) = 73000 + 60x, px) = 210 - 30' OsxS 5000. (A) Find the production level that results in the maximum revenue. Production Level - I (B) Find the production level that results in the maximum profit. Number of drills = (C) Find the price that the company should charge for each drill in order to maximize profit. Price =
What is the Trial-and-error method?
A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MU, while for the international market it is 15 MU.The company has the capacity to produce up to 10 tons of strawberries for sale and according to SAG restrictions, it must dedicate at least 10% of production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.d) There is the option of buying new machinery to increase the production capacity of the company. In what range should the new machine increase production capacity to suit the company? How…
A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MUs, while for the international market it is 15 MUs.The company has the capacity to produce up to 10 tons of strawberries for sale and, according to SAG restrictions, it must dedicate at least 10% of its production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.a) Raise the NLP model that allows maximizing the net profit for the companyb) State the KKT conditions for the problem and indicate whether they are necessary and / or sufficient.c)…
No hand written solution and no image
If you could just answer the last two subparts (d) and (e), it would be awesome, thank you so much!
The state of New Jersey has in circulation (as of 2011) an instant lottery game called $1,000 Downpour. The cost of each ticket for this lottery game is $5.00. A player can instantly win $75,000, $1,000, $100, $50, $20, $10, or $5. Each ticket has 19 spots covered by latex coating, and the top four spots contain numbers that, if matched by the player's numbers, win money. The remaining 15 spots belong to the player. A player wins if any of the numbers in the player's 15 spots matches any of the four winning numbers. Number of tickets that can win Prizes 0 (i.e. not a winner) 2,853,533 621,075 10 327,600 20 58,500 50 31,200 100 5525 1,000 2561 75,000 6. Total= 3,900,000 tickets sold Find and interpret the expected outcome of this game. [Write your answer as a complete sentence]

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