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spayn [35]
3 years ago
11

Assume that consumers' incomes and the number of sellers in the market for good A (a normal good) both decrease. Based upon this

information we can conclude, with certainty, that equilibrium:
Business
1 answer:
Vadim26 [7]3 years ago
4 0

Answer:

Quantity will Increase

Explanation:

As we know that when market is in equilibrium so the demand curve should be intersected the supply curve. At the time when there is an increase in suppliers so supply curve shift rightward due to which the consumer income would increase and this result in more demand. So the demand could be shift in rightward

So here the price should be the same but the quantity is increased

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if average demand for invenrory item is 200 units per day lead time is three days and safety stock is 1-- units the reorder poin
Ronch [10]

please do you mean 1 unit for safety stock or 100 units, will solve for both

Answer:when safety stock =1, Reorder point= 601 units

when safety stock =100,  Reorder point= 700 units

Explanation:

Reorder Point (ROP), also called  reorder level, is the point  of inventoryset by a busness  in which it replenishes its stock of items.

given:

Average demand= 200

lead time = 3

when safety stock =1

Reorder point= (Average demand X Delivery lead time ) + Safety stock

                = (200 x 3 ) +1 = 601 units

when safety stock = 100

   Reorder point= (Average demand X Delivery lead time ) + Safety stock

                = (200 x 3 ) +100 = 700 units              

6 0
3 years ago
Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered
Tanya [424]

A transaction is any monetary business event that impacts a business's financial statements.

<h3>The journal entries </h3>

The journal entries are as follows

On August 4

Account Receivable $610

 To Sales Revenue   $610

(Being the goods sold on credit basis is recorded)

On August 7

Sales Return and Allowances $60

  To Accounts Receivable $60

(Being the sales allowance is recorded)

On August 12

Sales Discount   $11  

Cash $539

 To Accounts Receivable $550

(Being the amount paid is recorded after considering the 2% discount

To learn more about financial statements visit the link

brainly.com/question/14951563

#SPJ4

7 0
1 year ago
Methods used to protect consumers
Gala2k [10]

Answer:

Governments of different countries protect the interests of the consumers through the mechanism created by three types of legal provision. These are direct consumer protection laws, anti trust laws or the laws to curb monopolistic practices, and laws to govern management of corporations including trading exchanges.

3 0
3 years ago
Read 2 more answers
When the supply curve in the Sudanese slave trade is perfectly ________, every slave bought by the redeemers results in/is _____
Mamont248 [21]

Answer:

B) inelastic; one less slave

Explanation:

Since in the question it is given that the supply curve in the Sudanese slave trade should be perfectly inelastic and every slave purchased by redeemers that determines that it should be one less slave held in captivity

Therefore in the given case it should be inelastic and one less slave

hence, the correct option is B

Also inelastic means less than one

3 0
3 years ago
What type of interest will earn you the most amount on your money?
kirill [66]
1=A
2=D
3=C
4=A
5=C
6=C
7=D
8=A
9=C
10=D
11=C
12=A
13=C
14=B

8 0
3 years ago
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