Philadelphia fun-cycles (PFC) is buying new cycles for rentals during the next summer season for tourists visiting Fairmount park. It has a budget of has $90,000 that can be used to purchase new rental cycles that can have 1, 2, or 4 seats. The cycles can be purchased from two different manufacturers. PFC would like to purchase at least 60 cycles in total. These cycles can be any mix of 1, 2, or 4 seaters. PFC wants a total seating capacity of at least 150. PFC also wants to buy at least 15 one-seaters, 15 two-seaters and 15 four-seaters They would like to purchase the same number of cycles from both manufacturers to maintain goodwill. Cycle Builder Cost Seating Expected Daily
Capacity Profit
The Roadie Mighty Cycles $500 1 $100
The Doubler Mighty Cycles $900 2 $140
The Rickshaw Mighty Cycles $1800 4 $200
The Speedy S&K Cycles $800 1 $115
The Cozy S&K Cycles $1000 2 $150
The Caravan S&K Cycles $1500 4 $180
How many cycles and which type of cycles should PFC purchase? Formulate this problem as a linear program and solve it.

Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum. should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.