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QUESTION

Economics: Optimization Modeling Problems

Manually complete the following problems in the textbook:

  1. Problem 7-14
  2. Problem 7-15
  3. Problem 7-18

Use an Excel spreadsheet file for the calculations and explanations. Cells should contain the formulas (i.e., if a formula was used to calculate the entry in that cell). Must use the "Optimization Modeling Problem Set" Excel resource to complete this assignment.

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