MATHEMATICS

Nando’s Restaurant.
1) Identify ten systems of interest from chosen restaurant. Draw system map and detailed causal loop diagram for two of your systems of interest and customer flow management situation?

The subject for this question is Systems thinking and action research.

you have to name 10 systems in Nando’s restaurant and then draw a system map and causal loop diagram for only one system of interest and also for customer flow management situation.

A consumer must divide \$600 between the consumption of product X and product Y. The relevant market prices are Px = \$10 and Py = \$40.

a. Write the equation for the consumer’s budget line.

Y = [removed]+ [removed]X

b. In the graph below, illustrate the consumer’s opportunity set.  Show as graficly

c. In the same graph, Illustrate the consumer’s opportunity set when the price of good X increases to \$20.

How does this change alter the market rate of substitution between goods X and Y?

It changes from -2 to -4.

It changes from -0.5 to -0.25.

It changes from -0.25 to -0.5.

It changes from -4 to -2.

Refer to Figure 2.8 and look at the listing for General Dynamics Corp.