The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.
Answer: underallocated because long-run equilibrium occurs where price exceeds marginal cost.
Explanation:
Monopolistic competition occurs when there are many firms that are producing products that are differentiated. It should also be noted that one typical characteristics of a monopolistic competition is a large number of firms coupled with low entry barriers.
It should be noted that in monopolistically competitive markets, resources are underallocated because long-run equilibrium occurs where price exceeds marginal cost..
Answer:
$294,412.8
Explanation:
In order to obtain a seat on the board of directors, Raul must hold more than 50 percent of the total number of outstanding shares if there are three open seats and straight voting occurs.
Total number of shares required = (46,000 ÷ 2) + 1
= 23000 + 1
= 23,001 shares
Market price of share = $ 12.80
Total amount = Total number of shares required × Market price of share
= 23,001 × $ 12.80
= $294,412.8
The amount Raul wants to invest on obtaining a seat on board of directors is $294,412.8
Answer:
b. He could take deep breaths and then respond non judgmentally.
Explanation:
Although Billy has received a mediocre evaluation and he loves his job that he doesn't want to make a switch, in my opinion it would be the better option for Billy to take deep breaths, take a moment and then respond to his supervisor in a non judgmental way because it is of no good if he keeps on being judgmental about his supervisor and thinks that his supervisor does not care. Before making any decision further, i think billy should think non judgmentally.
Hope this clears everything. Good luck :)
Answer:
a. What additional annual cost is $2250
b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock
Explanation:
The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory
Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit
Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225
Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450
Additional Holding Cost = $2250
