Answer:
C. repetitive production
Explanation:
Based on the information provided within the question it can be said that only in Repetitive Production
will you see at most minor variations implemented. This is because this type of operations uses various machines in a pre-set process to make the product, a small change in the product specifications would require ALL of the equipment to be replaced, rearranged, or modified just to be able to implement the changes to the product. This many times costs more money than what the change will generate.
Answer: 1.9%
Explanation:
The risk premium is the return that an investment offers over the risk free rate in the market.
The risk free rate is the return on the U.S. Treasury bill in the same period:
Average risk premium = Return on long term corporate bond - Return on U.S. T-bill
= 6.1% - 4.2%
= 1.9%
Answer:
. C. shortage of oranges as the price ceiling keeps the market from reaching equilibrium
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
The price ceiling is less than the equilibrium price. consumers would increase demand because the good is cheaper while producers would reduce supply as a result of the fall in price. As a result, demand would increase and supply would fall as pece is less than equilibrium price. These would lead to a shortage.
I hope my answer helps you
B. would be my best guess, (it's not D.)
