4 years ago

If the interest rate decreases

Business

1 answer:

Rashid [163]4 years ago

6 0

Answer:

The correct answer is option A.

Explanation:

When the interest rate decreases people will get less return on deposits. So they will prefer to hold money as a cash instead of depositing in banks. Similarly, if price level increases people will need more money to pay for transactions. So, the transactionary demand for money will increase. People will prefer to hold more money.

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3 years ago

The economic order quantity (EOQ) of Dennis Co.’s only product is 100 units per month. When developing the budget for the next y

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Answer:

5,500 units

Explanation:

Use the economic order quantity (EOQ) formula to calculate the estimated annual demand

EOQ = $\sqrt{\frac{2DS}{H} }$

Where

EOQ = 100 units

S = Oerdering cost = $30

H = Carrying cost per unit = $15

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Placing values in the formula

100 units = $\sqrt{\frac{2D (30) }{15} }$

Taking Square on both sides

$100^{2}$ = $(\sqrt{\frac{2D (30) }{15} })^{2}$

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10,000 = $\frac{60D }{15} }$

10,000 = 4D

D = 10,000 / 4

D = 2,500 units

Now calculate the estimated annual demand

Estimated annual demand = Annual Demand + Expected Increase in next month = 2,500 units + 3,000 units = 5,500 units

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If i went through my employee files to determine what type of person makes the best employee, i would probably be conducting:

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The price (P) of designer jeans is affected by the supply (S) and the demand (D).

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