Answer: c. rightward shift of a demand curve.
Explanation:
When there is movement along the demand curve, this is due to a change in the price of the good.
However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.
I have attached a graph showing what happens when Quantity Demand increases.
Answer:
A. an email.
B. You can respond immediately to what the person is saying.
Explanation:
An email is a digital message which sent to communicate something via network. Emails are less responsive than an instant message. The emails are suitable mostly for office and are a formal mode of communication. An instant message is easy and fast which enables quick two-way feedback. A person can respond immediately to the text message when it is received making instant messages a rapid mode.
Answer:
Explanation:
The appropriate statement the nurse should make to the client: " You will be going through a process tomorrow; tell me what concerns you have."
Answer:
A stake in a business is partial ownership or a position in which you stand to gain when the company performs well.
Answer: See explanation
Explanation:
a) What is the economic order quantity?
This will be:
= ✓[(2 × Demand × Ordering Cost)/(Holding Cost)]
= ✓(2 × 15700 × 77 / 22)
= ✓109900
= 331 approximately
b) What are the annual holding costs?
Holding Cost = Average Inventory × Holding cost for item
= 331/2 × $22
= $3641
c) What are the annual ordering costs?
This will be calculated as:
= (Annual Demand/EOQ)*Ordering Cost
= (15700 / 331) × 77
= $3652
d) What is the reorder point?
Reorder point = Daily Demand × Lead Time
= (15700/300) × 3
= 157 units
