Answer:
Decrease; Less
Explanation:
The producer surplus is the difference between the minimum price that a producer is willing to accept for a product and the price he actually receives.
When the market price of a product falls, the producer surplus will decrease as well.
The lower market price implies that there will be less area between the supply curve and the market price of the product.
Answer:
a.the reorder point = lead-time demand
Explanation:
The reorder point is when there needs to be a replenishment of depleted stock of inventory.
Lead time is the time between when an order is placed and when delivery of goods and services is made.
So when there is constant demand and fixed lead time, there is no need to keep excess inventory as demand has been anticipated and inventory for the demand is available.
Also the lead time demand from order to delivery is also fixed because demand has been provided for already.
Thus reorder point= lead time demand
Answer:
Doug, the manager, referred to Data Science.
Explanation:
Data Science is a concept: high-end technology to statistics to make the analysis, management and understanding of both structured and unstructured data easier. Data science is applied to many fields, mostly to support the decision making. The person who conducts data science is called data scientist.
Answer:
The correct option is "A"
Explanation:
The pre-dominant confirmations would incorporate;
-
The restriction by the investee to the speculator's impact confirm by the claims or protests to administrative specialists.
- An understanding is marked by the speculator to give up the noteworthy investor rights.
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A gathering of investors have a larger part proprietorship, who exercise impact over the tasks of the investee regardless of the perspectives on the investor.
- A portrayal structure the investee's governing body can't be gotten by the financial specialist.
In the event that the speculator claims 30 percent of the democratic supplies of investee and other individual holds 70 percent of the democratic stocks, at that point it can't be said that the financial specialist (30 percent) has the capacity of essentially impact in investee.
Answer:
Opportunity costs = 42,000 + 14,000 + 21,000 + 9,000 = $86,000
Explanation:
Opportunity cost is the cost of doing the next alternative.
In this case the opportunity cost would be the profits she has forgone and the costs she incurred to run the florist shop. Personal expenses are not included as we assume apartment and bill costs would be payable regardless of any decision.
Opportunity Costs = Next alternative + Costs of being a florist
Opportunity costs = 42,000 + 14,000 + 21,000 + 9,000 = $86,000
If Jacinda were making profits, we would subtract them from the salary that she could have earned.
Hope that helps.
