<u>Given:</u>
Annual demand = 410 units
Ordering cost = $41
Holding cost = $5 unit per year
<u>To find:</u>
Number of units to be ordered each time an order is placed
<u>Solution:</u>
On calculating the number of units,

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.
Answer:
Output and employment will increase exerting modest upward pressure on the price level.
Explanation
In simple words, the increased demands for the good would work as an incentive for the producer to produce more and they can also lower their cost of production by producing in mass which will further lead to economies of scale.
More production means more requirement of workers which will eventually lead to more employment opportunities in the country. However, this increase would lead to modest increase in prices due to more purchaser power in the country.
Answer:
B. False.
Explanation:
Helen instructed Joseph during his active working hour does not matter if he is on his lunch break or not, so Joseph is entitled to workers compensation.
An account is defined as a record of the business activities related to a particular item. The given statement is true.
Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.
Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.
Learn more about business activities here
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