Answer:
Option (A) is correct.
Explanation:
Qx = 1000 - 10Px + 0.1I + 10Py
Suppose income of the consumer and the price of good x remains constant at
I = $100
Px = $10
Initial price of good y, Py = 10
So,
Qx = 1000 - 10(10) + 0.1(100) + 10(10)
= 1000 - 100 + 10 + 100
= 1,010 units
If price of good y increases to $20, then,
Qx = 1000 - 10(10) + 0.1(100) + 10(20)
= 1000 - 100 + 10 + 200
= 1,110 units
This will results in an increase in the quantity demanded for good x which shows that there is a positive relationship between the price of good y and quantity demanded for good x.
This indicates that good x and good y are substitute goods.
It is a completely false statement that HMO <span>coverage has much more flexibility than PPO coverage. The correct option among the two options that are given in the question is the second option. I hope that this is the answer that you were looking for and the answer has actually come to your help.</span>
Answer:
Number of units which company plan to produce in February is 352000
Explanation:
We have given expected sales in January, February and march is 440000, 390000 and 380000 units respectively
And desired needing finished goods in inventory in January, February and march is 39000, 38000 and 40000 units respectively
We have to find the how many units company plans to producing for month February
Number of units which company plan to produce in February = 390000 - 38000 = 352000
