Inventory carrying cost means total expenses incurred while storing an unsold good.
<h3>What is
Inventory carry cost?</h3>
Basically, an Inventory carry cost means the total holding cost for holding an inventory which includes the cost of capital, warehousing, depreciation, insurance, taxation, obsolescence, opportunity cost.
In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.
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<em>brainly.com/question/25817334</em>
Answer:
Yes.
Explanation:
Given that,
Price of low-quality apples = $1 per pound
Price of high-quality apples = $4 per pound
Marginal utility of low-quality apples = 3 utils
Marginal utility of high-quality apples = 12 utils
Equimarginal:
(Marginal utility of low quality apples ÷ Price per apple) = (Marginal utility of high quality apples ÷ Price per apples)
(3 utils ÷ $1) = (12 utils ÷ $4)
3 = 3
Yes, Timmy is maximizing his utility as his equimarginal utility is same for both the goods as shown above.
Hola no sé qué dice pero como soy una f*rr* voy a responder igual
Answer:
since your Brainly user starts with an O, I will calculate the price elasticity of demand for $3 - $1. I will use the midpoint method since we are given a range of values instead of just one value:
price elasticity of demand (PED) = % change in quantity demanded / % change in price
- % change in quantity demanded = (Q2 - Q1) / [(Q2 + Q1)/2] = (45 - 55) / [(45 + 55)/2] = -10 / 50 = -0.2 = -20%
- % change in price = (P2 - P1) / [(P2 + P1)/2] = ($3 - $1) / [($3 + $1)/2] = $2 / $2 = 1 = 100%
PED = -20% / 100% = -0.2 or |0.2| in absolute value, price inelastic