Answer:
C. 12 cases remaining
Explanation:
The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day.
Orders arrive three days from the time they are placed.
Thus, the shop has 3 days of merchandise in transit:
4 cases x 3 days in-transit: 12 cases
When there is 12 cases remaining It should do the order. This will make the order arrive exactly when the inventory drops to zero according to a just in time policy.
An increase in a consumer's income will increase the slope of the consumer's budget line.
<h3>
What is a budget line?</h3>
- The budget line sometimes referred to as the budget restriction, displays every combination of two commodities that a client is able to afford at the current market pricing and within their specific income range.
- The budget line is a graphical representation of every combination of the two commodities that may be purchased using the given income and cost, with the price of each combination being equal to the customer's monetary earnings.
- It's critical to remember that the slope of the budget line corresponds to the cost-to-volume ratio of two commodities.
- The slope of the budgetary restriction is very significant.
<h3>Increase in the slope of the budget line:</h3>
- A rise in income allows consumers to purchase more of both goods, which causes the budget line to shift outward, or to the right (slope increases).
Therefore, an increase in a consumer's income will increase the slope of the consumer's budget line.
Know more about the slope of the budget line here:
brainly.com/question/14524034
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Answer:
A. Both the interest payment and principal payment will be identical every period
Explanation:
Loan Amortization is a process where the loan amount is broken into a series of payments over a fixed time. In this process -
- The person pays off the interest and principal in different amounts every month.
- The total amount of payment including interest and principal amount remains same in each period.
- In the beginning the interest costs are higher and the principal in paid in lower amounts.
- As the time passes the interest decreases and the payment mainly goes towards the principal amount.
