Answer:
d
Explanation:
the fixed cost will always remain same
According to the circular flow model of the economy, a person's job in a shoe factory is within a [Resource] market. Resource market is a market in which the business can buy a resources which is a person that works for them to be able to produce goods and services
Answer:
c. protect lessees against lessors who abuse leased assets.
Explanation:
The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.
The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.
Answer:
95.22 units
Explanation:
The computation of the number of quantities for ordering the items is shown below:
For this question, we need to find out the economic order quantity which is
where,
Annual demand is 1,700 units per year
Ordering cost per order is $8
Carrying cost per unit is $3
Now placing these values to the above formula
So, the economic order quantity is
= 95.22 units
We simply applied the above formula to find out the number of quantities for order