Answer:
D. They might order a greater number of gallons with jugs or with barrels, depending on various factors like the demand rate, ordering cost, and holding cost.
Explanation:
Let us assume the following things
D be the demand rate
P be the Unit cost
H be the holding cost per gallon per months
S be the ordering cost
Now the economic order quantity is
EOQ units = Q = √(2DS ÷ (H))
Therefore, the order quantity would be based upon demand rate, ordering cost and holding cost.
So the last option is correct
Answer: Bureaucratic organization
Explanation:
A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs
Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.
Answer:
Make no change in Y and Z.
Explanation:
It was assumed that consumer purchases the combination of two goods, Y and Z.
For maximizing the utility of the consumer, the ratio of marginal utilities must be equal to the price ratio of the products.
We can see that the ratio of marginal utilities is equal to the price ratio of the products. Hence, the consumer should not make any changes to the combination of products.
Is this an open ended question ? Or multiple choice ?
Answer:you make an offer to buy your neighbor's house.
Explanation:
As seen from the aforementioned alternatives which all have insurable interest.Thus they are expantiated;
1)Firstly,a savings and loan company holding a mortgage on your home has an insurable interest on interest of the property on insurance premium.
2)Secondly,your lease makes you liable for fire damage to your rented premises makes for an insurable interest which is in form of mortagee/morgator contract,even if it isn't your property,it makes you liable for an insurable interest.
3)Thirdly,you have custody of a valuable painting when the owner is away also makes you eligible for an insurable interest.Though here as carrier,it still gives the right to an insurable interest courtesy of the fact that it is in your custody.
Finally,you make an offer to buy your neighbor's house doesn't make you eligible for an insurable interest because it's just a matter of a vocal agreement,thus no transaction has been carried out and therefore,no property transferred to your custody either way.
