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Nikolay [14]
3 years ago
8

When artists pass away, the supply of their paintings most likely becomes?

Business
2 answers:
tresset_1 [31]3 years ago
7 0
<span>When artists pass away, the supply of their paintings most likely becomes collector's item or a memorabilia. These items are thought to be of high value or importance especially when the artist is associated to a specific event in the history. The items are sold at high prices or are kept in a museum.</span>
NeTakaya3 years ago
6 0

It becomes elastic! hope this helps

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1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X
Len [333]

Answer:

1. $13,240

2. 16,000 units

3. 22,000 units.

Explanation:

The question is answered as follows

Part 1: Determine the total sales for the first quarter as follows

January Sales in Units = 400 Units

February Sales Units = 400 x 110% or 1.1= 440 units

March Sales Unites = 440 x 110% or 1.1. = 484 units

Total Sales = 1,324 x $10 = $13, 240

Part 2: Determine Production In August

Production in August making use of the relevant figures

= Expected units + (Expected units in september x 80%) - Inventory on August 1

= 12,000 + (0.8 x 15,000) - 8000= 16,000 Units

Part 3: Determine the Production Units as follows

Sales Units + Closing Inventory of finished goods - The Opening Inventory of finished goods

= 20,000 units + 5,000 units - 3000 units = 22,000 units

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23 divided by 33<br><img src="https://tex.z-dn.net/?f=23%20%5Cdiv%20335" id="TexFormula1" title="23 \div 335" alt="23 \div 335"
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23/33=0.6969697

23/335=0.06865672

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