Ed has a summer beach cottage that he has owned (or many years the cottage is valued at $125 000 this year ed spends $350 on paint and $500 on trees and then paints the exterior of the cottage and plants the trees himself. if he had hired a professional painter it would have cost $1 100 to paint the cottage (not including the cost of paint) and if he had hired a professional landscaper it would have cost $450 (not inciting the cost of the trees) to do the planting how much does eds improvements to the cottage add to gdp this year? the increase in gdp would be if ed had hired the painter and the landscaper how would ed's improvements to the cottage have added to gop this year? the increase in gdp would be

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?