Answer:
In today’s digital market space consumers and businesses interact, sell, and buy beyond their local borders. With greater access to foreign markets, many U.S companies are looking to expand overseas and to sell internationally.
Global retail sales, including both in-store and online purchases, surpassed $22 trillion in 2014, according to recent figures from eMarketer. The marketing research firm also predicts a 5.5 % increase in overall international retail sales to $28.3 trillion by 2018.
Explanation:
hope <em>it </em><em>helps</em>
When using <u>Ranking</u>, finalists are ordered from the most desirable to the least desirable based on results of discretionary assessments.
Operations control is chiefly worried about planning, organizing, and supervising inside the contexts of manufacturing, manufacturing, or the availability of services. As such, it's far delivery-focused, ensuring that a company correctly turns inputs to outputs in a green manner.
It actually approaches the cease-to-stop technique of shifting and storing elements of completed and unfinished goods. as an example, a vehicle production business enterprise will save and transfer automobiles (or their components) in a scientific manner.
The number one goal of operations control is to utilize the sources of the enterprise, to create such services or products that fulfill the needs of the clients, with the aid of offering “proper component at the right rate, vicinity and time”.
Learn more about Operations management here
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Answer: Equilibrium price is $20 and equilibrium quantity is 4 units.
Explanation: Equilibrium is a situation of rest, a situation where demand for a good is equal to its supply. The price that balance demand and supply is known as the equilibrium price.
![Q_{xd} = 14 - \frac{1}{2} P_{x}\\Q_{xs} = \[tex]Q_{xd} = Q_{xs} 14 - \frac{1}{2} P_{x} = \frac{1}{4} P_{x} - 1 14 + 1 = \frac{1}{4} P_{x} + \frac{1}{2} P_{x} 15 = \frac{3}{4} P_{x} 20 = P_{x}](https://tex.z-dn.net/?f=Q_%7Bxd%7D%20%3D%2014%20-%20%5Cfrac%7B1%7D%7B2%7D%20P_%7Bx%7D%3C%2Fp%3E%5C%5C%3Cp%3EQ_%7Bxs%7D%20%3D%20%5C%5Btex%5DQ_%7Bxd%7D%20%3D%20Q_%7Bxs%7D%20%3C%2Fp%3E%20%3Cp%3E14%20-%20%5Cfrac%7B1%7D%7B2%7D%20P_%7Bx%7D%20%3D%20%20%20%5Cfrac%7B1%7D%7B4%7D%20P_%7Bx%7D%20%20-%201%3C%2Fp%3E%20%3Cp%3E14%20%2B%201%20%3D%20%5Cfrac%7B1%7D%7B4%7D%20P_%7Bx%7D%20%2B%20%5Cfrac%7B1%7D%7B2%7D%20P_%7Bx%7D%20%20%3C%2Fp%3E%20%3Cp%3E15%20%3D%20%5Cfrac%7B3%7D%7B4%7D%20P_%7Bx%7D%20%3C%2Fp%3E%20%3Cp%3E20%20%3D%20P_%7Bx%7D)
[/tex] = Equilibrium price
Equilibrium quantity is given by,
Answer:
The dealer will sell 15 Volvos
Explanation:
Consider the following formulas to calculate the Q of which optimize the exercise.
Profit = Q*p
Profit = (30-q)*q
Profit = 30q - q^2
Differentiating with respect to q, we get
30-2q = 0
2q = 30
q=15
The dealer will sell 15 Volvos
Answer:
The correct answer is 'Average prices are rising, but it is not certain what is happening to relative prices'.
Explanation:
Inflation is the overall increase in the prices of goods and services. It is a quantitative measure to understand the change in the prices. In general, inflation means average prices of goods and services are rising. It does not account for the relative prices so it is not certain what is happening to relative prices.
