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3 years ago

Deadweight loss occurs when

Business

1 answer:

dusya [7]3 years ago

3 0

Answer:

d) the maximum level of total welfare is not achieved.

Explanation:

When the economic efficiency bears a loss, it is termed to be a deadweight loss. This condition occurs in the situation when the free market equilibrium is not able to be achieved. It occurs in the economy when the supply and the demand for the goods and services start to fall from being in the state of equilibrium. The resources allocated experiences a deficiency, thereby causing a deadweight loss.

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The grocery industry has an annual inventory turnover of about 13 times. Organic Grocers, Inc., had a cost of goods sold last y

s344n2d4d5 [400]

Answer:

What was Organic Grocers' inventory turnover

ORGANIC

11,58 INVENTORY TURNOVER

Explanation:

The Organic company compared with the industry works with more inventory than the market, which means that the company is less efficient than the Grocery Industry in Inventory management .

ORGANIC

11,58 INVENTORY TURNOVER

11.680,000 Cost Of Goods

1.008,880 Average Inventory

32 DAYS IN INVENTORY

To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year ($1,008,880) , take the Total Cost of Goods ($11,680,000) and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 11,58

To find the days in inventory we have to divide 365 (days of the year) by the Inventory Turnover, 11,58 the result is 32 days.

To have a similar Inventory Turnover as the industry the company needs to low the average inventory to $898,524.

ORGANIC

13,00 INVENTORY TURNOVER

11.680,000 Cost Of Goods

898,524 Average Inventory

28 DAYS IN INVENTORY

8 0

3 years ago

the difference between what it costs to make and sell a product and what a customer pays for is referred to as

Bas_tet [7]

Answer:

The difference between what it costs to make andsell a product and what a customer pays for is referred to as

3 0

3 years ago

Veronica works in the purchasing department for Medical Center Hospital. She buys gloves, masks, and protective gear from Johnso

uranmaximum [27]

C. Satisficer

<h3>What is a satisficer?</h3>

A decision-making method called satisficing aims for a satisfactory or adequate outcome rather than the best one. Satisficing concentrates on practical effort when faced with tasks rather than exerting maximal effort to achieve the ideal result. This is due to the possibility that pursuing the ideal outcome will result in an unnecessary drain on time, effort, and resources. In order to achieve the first feasible solution that yields minimally acceptable results, the satisficing strategy can involve taking a minimalistic approach. Satisficing reduces the range of options that are taken into account to obtain those objectives, eliminating alternatives that would necessitate more demanding, complicated, or impractical efforts in an effort to produce more ideal outcomes.

Learn more about satisficer with the help of the given link:

brainly.com/question/13498883?referrer=searchResults

#SPJ4

4 0

1 year ago

Define the term market share?

sertanlavr [38]

The part of a market controlled by a certain company or product

8 0

3 years ago

What is the total value of Company H's stock?

dmitriy555 [2]

Answer:

Insufficient data

Explanation:

Suppose x represents the total value of Company H's stock

Here, we need to find out : value of x.

(1) Investor P owns $\small \frac{1}{4}$ of the shares of Company H's total stock

i.e. Investor P's amount in H's stock = $\frac{1}{4}x$

We did not give P's investment.

Thus, data is insufficient to find value of x.

(2) The total value of Investor Q's shares of Company H's stock is $16,000.

Q's share in company H's stock = $16,000

There is no relation between x and Q's share given,

Thus, data is insufficient to find value of x.

Now, when we combined the data (1) and (2),

We still can not find the value of x.

Because, there are also other investors in stock H other than P and Q.

Hence, the data is inadequate to find total value of Company H's stock.

6 0

3 years ago