Answer:The Page Up and Page Down keys (sometimes abbreviated as PgUp and PgDn) are two keys commonly found on computer keyboards. The two keys are primarily used to scroll up or down in documents, but the scrolling distance varies between different applications.
Answer:
a requirements contract.
Explanation:
A requirements contract is made between a company and one of its suppliers or vendors. In that contract, the supplier or vendor agrees to supply a certain amount of goods or services that the company requires, in exchange the company will only purchase the goods or services from that specific supplier or vendor.
Answer:
Price of the whiskey would remain unchanged and the existing firms would continue to earn zero economic profit
Explanation:
In a perfectly competitive market, the market comprises of large number of sellers selling homogeneous products. The equilibrium is arrived at by the interaction of forces of market demand and supply and thus no single seller controls the output or influences the price.
The firms represent price takers in such form of markets.
Another major feature of this form of market being free entry and exit of firms which means existing firms can exit and new firms can join as there are no restrictions.
In the long run, firms earn zero economic profits in case of perfect competition.
In the given case, a huge factory of one of the leading producers of alcohol has been destroyed. The market being in long run equilibrium with zero economic profits, it means the incident will not in any way affect pricing and quantity as this will encourage new firms to enter liquor production market selling at lower price which would restore the equilibrium to it's original.
On average this item will be ordered "once a <span>month".
We can find the order interval by dividing the EOQ (economic order quantity), in above situation that is equal to 100 and annual demand is equal to 1200.
So, the time interval in which this item will be ordered;
100/1200 = 1/12
it means 1/12th of a year that is equal to once a month.
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Answer:
Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded will <em>fall</em>, which will lead to a <em>fall in the demand</em> for cheese, as cheese and hamburgers are complements to each other. A rise in price of a complementary good will lead to a fall in demand for the complementary good as well. Because of the change in <em>demand</em> for cheese the equilibrium quantity of cheese will <em>fall</em> and the equilibrium price for cheese will also <em>fall</em>, the demand for milk by cheese producers will <em>decline</em>, causing the equilibrium price of milk to <em>fall</em>. This means producers of butter face <em>lower</em> input prices and the supply of butter will <em>rise</em>. The resulting <em>decline</em> in the price of butter causes people to substitute <em>jam for butter</em>, so the demand for jam will <em>decline</em>.