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wariber [46]
4 years ago
11

A price floor is found ___________ the equilibrium point.

Business
1 answer:
leonid [27]4 years ago
3 0
Underneath
because it's a floor haha
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Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days
Softa [21]

Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point =  Safety Stock + (Average daily usage of units * Average lead time in days )

Reorder Point = 0 + (100 hammers * 2 days)

Reorder Point = 200

8 0
3 years ago
The __________ provides most public goods. A. government B. free-rider C. third party D. private sector
AlexFokin [52]

I believe the best choice for this answer is "A. goverment"!

It is the government's job to provide for the people and that includes public goods.

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3 years ago
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Suppose a hat manufacturer currently sells 2,000 hats per week and makes a profit of $5,000 per week. The plant owner observes,
elena-14-01-66 [18.8K]

Answer:

The correct option is (C)

Explanation:

Marginal revenue refers to the revenue generated as a result of selling an additional unit of product. It is another term for incremental revenue. Marginal analysis is analyzing and comparing additional benefit (revenue) earned against cost incurred on the same.

Here, company is analyzing revenue as compared to the cost incurred in producing 300 hats. So, incremental revenue earned from selling 300 hats is called marginal revenue.

7 0
3 years ago
Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or
amm1812

Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.

A company's offers are shaped through the process of product service management, also known as product/service management, in response to customer demand brought on by changes in the marketplace. A product service manager (PSM) foresees consumer needs and then directs the creation of products to address them.

Discovering new product opportunities, maintaining current products, and getting rid of items that have turned into liabilities are all part of product service management. advantages

The following are some advantages of product service management:

  • Provides customers with things they desire to buy, hence improving a business's earnings.
  • With novel and cutting-edge items, it can increase the number of customers
  • When products are properly managed, there is less risk of failure and more potential for success.

The market opportunity is unrealized market potential that enables companies to take advantage of untapped markets.

Learn more about Product/service management here:

brainly.com/question/28598560

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1 year ago
What is a common element of most budget documents in which the chief executive highlights the major issues, constraints, priorit
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The budget message approach is a formal oral presentation through the government to the council that explains the price range in phrases of dreams to be executed and how the budget pertains to the Comprehensive Plan.

The budget summary includes budgeted quantities, encumbrances, transaction totals, and finances balances and is the net equal to the printed BSR. The budget summary file now additionally includes Open Balances.

A budget proposal summarizes the predicted prices for an upcoming undertaking a good way to ease investment from project stakeholders. Your budget thought breaks down the cost factors associated with your undertaking. This suggests to stakeholders the blessings and/or drawbacks of having worried.

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