Answer:
$8.75
Explanation:
The sales tax is on non-grocery is 7%
Sales tax on an item costing $125 will be
=7% of $125
=7/100 x $125
=0.07 x $125
=$8.75
Answer:
An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. a. What is the industry's four firm concentration ratio? b. What is the industry's Herfindahl-Hirschman index? c. Is this industry highly concentrated? Explain.
Explanation:
The regulatory cycle provides an opportunity for self-regulation during the latency stage. The statement is False.
<h3>What is the latency stage?</h3>
The latency stage will last for six years until puberty. This is referred to as the fourth stage of psychosexual development. No additional psychosexual growth happens at this stage since the desire is inactive.
A phase of discovery during which the reproductive energy is restricted or inactive is known as the latent period. This power is still there, but it has been transferred to other activities like learning and networking and plays a crucial role.
Therefore, the statement is False.
Learn more about the latency stage, here:
brainly.com/question/4123860
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Answer:
102.47 and 20
Explanation:
What is economic order quantity?
EOQ or the economic order quantity is the level of inventory which is the most optimal level for reducing inventory costs. It assumes that the supplier will supply as and when required and follows a just in time policy.
Now that we are familiar with the concept, let's recall the formula:
EOQ= SQRT( 2* D *k /h)
D - Annual demand, which is 700
k - Replenishment cost, which is $15
h - holding cost, which is 10% of inventory value = 0.1 × $20 = $2
So, EOQ = SQRT(2 * 700 * 15/2) = 102.47 units
Reorder point = daily demand * lead time + safety stock = 700/365*5+10=20 Units
Recession make goods more expensive and the increased prices would cause demand for all consumer goods to decrease
