Find a convenient and reasonable unit of measurement to use, then divide the cost of the package by the number of units chosen in that package.
Answer:
The correct answer is b. will go primarily to consumers.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
While the elasticity of the offer presents the degree of response of the quantities offered to variations in the price of the good considered, the price of other goods, the costs of productive factors or business expectations.
Answer:
Question 1:
A) foreigners are holding an excess supply of dollars.
Since we are importing more goods (in dollar value) than what we export, foreign countries will have more dollars since we pay them in dollars.
Question 2:
C) buy more U.S. Treasury bonds.
This happens a lot with China, since we import more than we export (trade deficit), China has a large stock of dollars that enables them to buy US government securities.
Explanation:
Answer:
It has a greater impact than service industries.
Explanation:
Answer:
b. 6
Explanation:
Calculation to determine how many cards should be used to govern this production,
Using this formula
Number of cards = [Demand during lead time + Safety stock] / Size of a bin
Let plug in the formula
Number of cards = 1000 * 1 * (1 + 0.2) / 200
Number of cards = 1000*1*1.2 / 200
Number of cards = 6
Therefore The numbers of cards that should be used to govern this production is 6