Answer:
False
Explanation:
Buyers and Sellers do not physically see each other
<span>A. Boost the economy
Expansionary policies increase the money in supply to encourage spending, boost economic growth and counteract inflation.</span>
Answer:
economic profits = 0
so correct option is a)zero
Explanation:
given data
output = 100 units
total fixed cost = $600
total variable cost = $400
price of product = $10 per unit
firm produces = 100 unit
to find out
firm earn an economic profit of Group
solution
we know here Total revenue is
Total revenue = 10 × 100 =$1000
and Total cost is here
Total cost = $400 + $600
Total cost = $1,000
so economic profits is express as
economic profits = revenue - cost
economic profits = 1000 - 1000
economic profits = 0
so correct option is a)zero
Answer:
It will order 3,865 booklets
Explanation:
We need to use the formula for Economic Optimal Quantity
Where:
D = annual demand
S= supply cost = ordering cost
H= Holding Cost
It will order 3,865 booklets
<u>How to Remember:</u>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
True statement for a business plan among following :
(C)Business Plan Provide Road map for future plan true statement for a business plan .
A business plan is a written description of your business's future. That's all there is to it--a document that describes what you plan to do and how you plan to do it.
Explanation:
A business plan can help to direct business for its future and avoid bumps in the road. A Business Plan series provides detailed instructions for working through each section of the business plan.
Although Business plan doesn't guarantee success but provide detailed financial projections, forecasts about your business's performance, and a marketing plan that may help to achieve business goals.
