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2 years ago

Typically, high inflation is a sign of a healthy economy because

Business

1 answer:

navik [9.2K]2 years ago

8 0

Answer:

c. a struggling economy because wages cannot keep up with the increase in prices.

Explanation:

Inflation is the continuous and widespread increase in prices over time. This is a bad sign for an economy as it shows that prices are rising faster than wages and this makes people poorer because they lose purchasing power. The central bank of each country must take inflationary control measures to maintain a healthy economic environment. High inflation is a warning sign and this is consensus among all economists.

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A gift shop sells 2000 boxes of scented candles a year. The ordering cost is $100 for scented candles, and holding cost is $10 p

Gekata [30.6K]

Answer:

Minimun cost: $2000

Explanation:

We solve for the optimal order size using the

Economic Order Quantity:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

<u>Where: </u>

D = annual demand = 2,000 boxes

S= setup cost = ordering cost = $ 100

H= Holding Cost = $10.00

$Q_{opt} = \sqrt{\frac{2(2,000)(100)}{10}}$

$Q_{opt} = \sqrt{40,000}$

EOQ 200

It should order: 2,000 demand / 200 order size = 10 times

At a cost of 1,000 dollar (100 units x $ 10)

It will face an average inventory of 100 units thus holding cost:

100 units x 10 dollar per unit = 1,000

Total cost: 1,000 + 1,000 = 2,000

6 0

2 years ago

Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $37,200 and ending Inventory of $46,300. The avera

Lilit [14]

Answer:

Average inventory= $41,750

Explanation:

Giving the following information:

Beginning Inventory= $37,200

Ending Inventory= $46,300

<u>To calculate the average inventory, we need to use the following formula:</u>

Average inventory= (beginning inventory + ending inventory) / 2

Average inventory= (37,200 + 46,300) / 2

Average inventory= $41,750

6 0

2 years ago

After retirement, you expect to live for 24 years. You would like to have $75,000 income each year. How much should you have sav

poizon [28]

Answer:

The amount that you should have saved in your retirement account to receive this income is:

= $727,995.88.

Explanation:

a) Data and Calculations:

Expected lifespan = 24 years

Expected annual income = $75,000

Interest rate per year = 9%

The amount of savings in the retirement account to receive this income is calculated from an online financial calculator as follows:

N (# of periods) 24

I/Y (Interest per year) 9

PMT (Periodic Payment) 75000

FV (Future Value) 0

Results

PV = $727,995.88

Sum of all periodic payments = $1,800,000.00

Total Interest = $1,072,004.12

5 0

2 years ago

Answer the question on the basis of the accompanying production possibilities tables for two countries, Latalia and Trombonia.

Scilla [17]

The production possibility table shows that in Latalia the domestic real cost of 1 ton of pork is C. 5 tons of beans.

<h3>What is production?</h3>

It should be noted that production simply means the creation of goods and services for consumers.

In this case, production possibility table shows that in Latalia the domestic real cost of 1 ton of pork is 5 tons of beans. This is because 5 tons of beans will be sacrificed to produce the pork.

Learn more about production on:

brainly.com/question/16755022

5 0

2 years ago

Fill the blank ("__")

klemol [59]

The free market economy is the one where the buyers & sellers should freely select to buy or make.

The following information related to the free market economy is:

It should depend upon the supply & demand having no government interference.
In this, the buyers & sellers have the right to select for making or buying whatever they want.

Therefore we can conclude that the free market economy is the one where the buyers & sellers should freely select to buy or make.

Learn more about the economy here: brainly.com/question/11905095

3 0

2 years ago