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jek_recluse [69]
2 years ago
9

2) A small grocery store sells fresh produce that it obtains daily from a local farmer. During the strawberry season, demand for

fresh strawberries can be reasonably approximated using a normal distribution with a mean of 40 quarts per day and a standard deviation of 6 quarts per day. The marginal cost of fresh strawberries is $0.35 per quart. The grocer orders 49 quarts per day. If this order quantity is optimal, what is the implied marginal benefit per quart of fresh strawberries
Business
1 answer:
Eva8 [605]2 years ago
8 0

Answer:

$1.05

Explanation:

Mean is 40 quartz per day

standard deviation is 6 quartz per day

Optimal orders = mean demand + Standard deviation

Optimal order = 40 + 6

= 46 quartz per day

$0.35 * 2.84 * 49 / 46

= $1.05

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5 0
11 months ago
why should MTN scan the global business environment as well as the macro environments of angola and ethiopia prior to their deci
adelina 88 [10]

Answer:

Explanation:

MTN is a telecommunication company, that establish in various places. Angola and Ethiopia are two new countries MTN they are looking into for establishment and a scan is done for the global environment this is to enable them have an overview of the business environment, the environment have not been penetrated by a telecommunication company hence a scan is needed.

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8 0
3 years ago
A blind help-wanted ad is usually for door-to-door salespeople. <br> True or False
qwelly [4]
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8 0
3 years ago
you borrowed $4 from your roomate to buy backup calculator batteries on the way to the exam. the next day, you repaid the $4 plu
LiRa [457]

Answer:

0.2840 or 28.40%

Explanation:

The formula for EAR= (1 + i/n)^n - 1

Where i= stated interest rate

n= number of compounding periods

In this case since the interest he paid is 1 cent, to convert it into percentage, we divide it by the dollar and multiply by 100

Note: 100 cent = 1 dollar

Therefore 4 dollars= 400 cents

To get the Interest rates= 1/400 x 100

= 0.25

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(1.000685)^365 - 1

1.2840 - 1

0.2840 or 28.40%.

3 0
3 years ago
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Romashka-Z-Leto [24]

Indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.

<h3>What is a free-trade stance?</h3>

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4 0
1 year ago
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