The longer the time period considered, the more the elasticity of supply tends to INCREASE.
The elasticity of supply refers to the responsiveness of suppliers to the change in price of their products or services. Elasticity of supply is measured as a ratio of proportionate change in quantity supplied to the change in price. Elasticity of supply tends to increase with time.<span />
Answer:
13.86%
Explanation:
Calculation to determine the flotation-adjusted (net) cost of its new common stock
Using this formula
Cost of new common stock(re) = [d1 / stock price (1-flotation cost)] +g
Let plug in the formula
Cost of new common stock(re)= [$1.36 / 33.35 (1 – 0.065)]+0.094
Cost of new common stock(re)= [$1.36 / 33.35 (0.935)]+0.094
Cost of new common stock(re)= [$1.36/31.182)+0.094
Cost of new common stock(re)=0.04361+0.094
Cost of new common stock(re)=0.1376*100
Cost of new common stock(re)=13.76%
Therefore the flotation-adjusted (net) cost of its new common stock will be 13.76%
Answer:
A. 566 pounds
Explanation:
Given: Demand for rice is very consistent= 200 pounds per month.
Cost of rice per order= $50 per order.
Rice cost= $5 per pound.
Carrying charge= 15%
EOQ: Economic order quantity (EOQ) is the number of units that company should include in their inventory with each order to reduce cost of inventory.
Now, calculating EOQ.
Formula; EOQ= 
D= Demand in units for specified period.
P= relevant ordering costs per order.
C= Relevant carrying cost of one unit in stock for the time period used for D.
EOQ= 
⇒ EOQ= 
Opening parenthesis
⇒ EOQ= 
⇒ EOQ= 
∴ EOQ= 
Hence, Economic order quantity is 566 pounds.
Answer:
1.15X + 1.09(11000 - X) = 11000 + 1452
1.15X + 11990 - 1.09X = 12452
0.06X = 462
X = 7700
The answer is
7700
Explanation:
Based on the math sets purchased by Startrek Secondary School as well as its various costs, the Economic Order Quantity is 84.61 sets.
<h3>What is the Economic Order Quantity?</h3>
This can be found as:
= √(2 x Annual math sets needed x Ordering cost per unit/ Carrying cost
Carrying cost is:
= 80 x 11%
= R8.80
The EOQ is therefore:
= √(2 x 700 x 48 / 8.8
= 84.61 math sets
Find out more on the Economic Order Quantity at brainly.com/question/26814787.
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