A monopoly is when one thing has control over the market they are in. It's a good thing for us as consumers of the U.S. postal service being a monopoly because we do not have to deal with price wars between competing companies. Due to the USPS being our best option for mailing various items in the United States and to other countries we don't have to constantly figure out which option of shipping is the best to ship and where they are in relation to where we live. The USPS is located all over the United States and deliver and pick up at almost every residence.
Answer:
500 bottles should be ordered at a time.
20 orders should the warehouse place in a year to minimize inventory costs.
Explanation:
The number of bottles which minimizes the warehouse cost is known as the economic order quantity.
Economic Order quantity minimizes both the holding or carrying cost of inventory as well as the ordering cost.
<em>Economic Order quantity = √((2 × Annual demand × cost per order) / Holding cost per unit)</em>
= √((2 × 10,000 × $125) / $10)
= 500 bottles
<em>Number of Order = Total Demand / Economic Order Quantity</em>
= 10,000 / 500
= 20 orders
Conclusion :
500 bottles should be ordered at a time.
20 orders should the warehouse place in a year to minimize inventory costs.
Answer:Please refer to the Explanation section
Explanation:
Cuba seems to a comparative advantage in Producing Sugar, importing sugar will drive the price down because Cuba can supply sugar at a relatively lower price which will means people in Florida will purchase Sugar at lower price so a trade with with will be in the best interest of the People because the demand will met, meaning there will no shortages in the market and the price will be lower. these two point will increase consumer surplus.
We could also export some of the products we have comparative advantage on, which will not only increase revenue for local Producers but will also open opportunities for local producers to gain market share which will increase the demand for the local products. When the Demand for the Local Products increases, Local Producers will produce more and that will lead to an increase in the Gross Domestic Products (GDP) of the United States.
A trade will Cuba Trade Deal will benefit the country and the citizens of the country I therefore would like to plead with the Senator to review the embargo on Cuba
Answer:
There are three roles that should come into play: Subsidiaries, joint ventures, and licensing. The main role that should be used is joint ventures.
Answer:
The correct answer is D. All of the above.
Explanation:
Simplification in the field of taxes can be observed considering the tax structure, if it implies a complex tax system there will be higher compliance and administration costs, but the complexity of the system is sometimes difficult to eliminate. There are few simple things in tax compliance.
There are complications that can be avoided and these usually begin with the fact that the officials of the Tax Administration are unaware of the tax regime or the provisions of the tax laws. Usually this is linked to a limited knowledge of tax law as a discipline with a dogmatic of its own. The public function in the field of tributes is often occupied by assuming the Turkish proverb that says: "If Allah gives you authority, it will also give you the intelligence necessary to know how to command."
Regularly every official in the area of tax law is a kind of legal autarchy that knows spontaneously and naturally the subject under his responsibility. Thus, in each general rule or in each resolution or decree, concepts that are clear in the Tax Code are redefined, but redefined to give it another meaning in accordance with the notions just arrived at the Administration. Arranged with the pragmatic and practical statute that on the road the load is rigged.
