Answer:
a. Trade can make every person better off.
Explanation:
Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.
A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.
It could also trade becasue is the raw material of a finished product and it need more input for his facilities.
If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.
Answer:
$28,317.88.
Explanation:
The annual payment, PMT can be determined using a financial calculator as follows :
PV = $300,000
N = 20
P/YR = 1
R = 7.00 %
FV = $0
PMT = ?
Using a financial calculator, the annual payment, PMT is $28,317.88.
Answer:
1.short run aggregate supply decreases
2.short run aggregate supply decreases
3.short run aggregate supply increases
Explanation:
The short run aggregate supply is the total production of goods and services in an economy holding some factors of production fixed.
1. Even in a healthy economy. As the natural rate of unemployment increases, short run aggregate supply decreases.
2. A rise in the price of lumber (inflation) would cause a decrease in short run aggregate supply.
3. An increase in productivity caused by the acquisition of capital equipment would cause the short run aggregate supply to increase.
Answer:
It shows what section you want to go to. This can change your font-size, help a business project calculation, and etc.
Explanation:
Answer:
The correct option is C. 630.
Explanation:
From the question, can have the following:
Lead time in days = 5 days
Average daily sales = (120 + 125 + 124 + 128 + 133) / Lead time = 630 / 5 = 126
Since the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, the reorder point (R) can be calculated as follows:
Reorder point (R) = Average daily sales * average lead time in days = 126 * 5 = 630
Therefore, the correct option is C. 630.