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8) Engineers are good at making paper airplanes. Below is a table containing information from Fly by Night Paper Airplane Company daily production numbers. i)
8) Engineers are good at making paper airplanes. Below is a table containing information from Fly by Night Paper Airplane Company daily production numbers. i) Calculate the missing data for the table. Recommend the quantity of engineers and output which maximizes revenue and profits. Q of Engineers Output Q MP MRP 0 0 20 20 > 2 37 240 17 > 204 51 14 > 168 4 62 11 > 132 5 70 *paper airplanes sell for $12/each and each engineer costs $150/day ii) Prove your numbers graphically in the graph below. Fully label the graph. Comments
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