Answer: See explanation
Explanation:
The optimal reorder point in units is calculated as the average daily sales unit multiplied by the delivery lead time.
In the question, we're not provided with the annual demand as this is vital in order to know the average daily unit. Therefore, the question is incomplete
The demand curve for a perfectly competitive firm is completely elastic and a horizontal line. Monopolistically competitive demand curve is downward sloping and is more elastic than monopoly because there are more substitutes.
The line on a production possibilities curve that shows the amounts of goods produced is called production possibilities frontier.
The answer is true because you don’t always have to increase your expenses .
