Answer:
c. the entry of new firms
Explanation:
- The entry of the new firms in the market creating a market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it
- This declines the economic profits in the new and the existing firms as long as the profits exists in the markets and entry will continue to shift to supply to the right.
- The diversification of the melt and the fall in the monopoly of the firms start to take place.
- They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
Answer:
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Explanation:
As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane
On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod
Therefore the option d is correct
Answer:
the optimal order size Q is 18.56 cars
the annual inventory cost = $12066.48
the order cycle time is 42.34 days
Explanation:
Using the following expression to determine the optimal order size Q:
Hence; the optimal order size Q is 18.56 cars
The annual inventory cost is mathematically expressed as:
= 
= 6034.482759 + 6032
= $12066.48276
≅ $12066.48
Hence, the annual inventory cost = $12066.48
For The order cycle time; we have;
Order cycle time = 
= 
= 
= 
= 42.34 days
Hence, the order cycle time is 42.34 days
Answer:
True
Explanation:
Since the manager works for multiple departments, Factory Overhead will be debited for these indirect labor costs.
