Answer:
Production June= 288,000 units
Explanation:
Giving the following information:
Desired ending inventory= 30% of next month's sale.
Beginning inventory= 85,500 units
Sales:
June= 285,000 units
July= 295,000 units
To calculate the production required for June, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 285,000 + (295,000*0.3) - 85,500
Production= 288,000 units
Answer:
c. gives the same answer regardless of the direction of change.
Explanation:
The midpoint method helps to calculate elasticity using the average percent change in quantity and price and its advantage is that it gives the same elasticity between two points no matter if price increases or decreases.
I believe the answer is:B. Top-down approach: give money and loans to businesses so they can create jobs.
Hoover believe that providing the businesses with financial incentive would give more room at their disposal to create jobs. In the long run, this would reduce the amount of unemployment and increase citizen's average disposable income. The situation also tend to attract many investments from foreign countries.
Businesses will be more likely to expand their facilities
Answer:
The correct answer is letter "C": the supply curve for apples has shifted to the left.
Explanation:
The supply curve plots in a graph the relationship between the price and quantity supplied of a good or service. According to the supply law, that relationship is directly proportional meaning if the price rises the quantity demanded increases -<em>the supply curve moves to the right</em>- but if the prices fall the quantity demanded drops -<em>the supply curve moves to the left</em>.
