Answer:
Minimun cost: $2000
Explanation:
We solve for the optimal order size using the
Economic Order Quantity:
<u>Where: </u>
D = annual demand = 2,000 boxes
S= setup cost = ordering cost = $ 100
H= Holding Cost = $10.00
EOQ 200
It should order: 2,000 demand / 200 order size = 10 times
At a cost of 1,000 dollar (100 units x $ 10)
It will face an average inventory of 100 units thus holding cost:
100 units x 10 dollar per unit = 1,000
Total cost: 1,000 + 1,000 = 2,000
Answer:
d. both countries, as whole, will be better off.
Explanation:
When countries leverage on their comparative advantages, they will be better off. In this instance as US has comparative advantage in producing airplanes, it will be more cost effective for them to produce and export to Japan.
So also Japan will find it cheaper to produce televisions and export to the US. Both contries reduce cost by producing goods they have comparative advantage in.
The above answer is definitely correct in its details. I'd just like to emphasize a couple of important ideas about Hoover's response.
<span>He tried to do more to fix the economy than any president had ever done before. The government had been very hands-off up to that point.He believed the government should not go in debt no matter what. This limited what he was willing to do. Please note that economists back then agreed with this idea so it's not like Hoover was just being mean. In fact, FDR believed the same thing and it's often said that he undermined the New Deal by trying to balance the budget too soon.</span>
So, overall what I want to point out is that Hoover did more than anyone else, and he did what most economists of the time would have said was the right thing to do. But it didn't work and so he's seen as one of the worst presidents ever, which seems a bit unfair.
Answer:
The price earnings ratio for Beta corporation is 8 times
Explanation:
The formula for price-earnings ratio is the stock market price divided by the stock earnings per share.
The stock market price has been given as $52 per share
the earnings per share=net income-preferred dividends/weighted average number of shares
net income is $325,000
preferred dividends is $0
weighted average number of shares is 50,000
earnings per share=($325,000-$0)/50,000=$6.5
price earnings ratio=$52/$6.5= 8 times
