Answer:
The linear demand function for Frog & Friends Shower curtains is q = -60p + 4,100
Explanation: $5 each ===> 3,800 curtains per month
$10 each ===> 3,500 curtains per month.
===> slope of the demand line is (3800-3500)/(5-10) = 300/-5 = -60
===> demand function is q = -60p + c for some constant c.
Let 3,800 = -60*5 + c.
=3800 = -300 + c
===> c = 4,100.
Therefore the linear demand function for frog & friends curtains is q = -60p + 4,100
Answer:
D, decline in total surplus that results from a tax.
Explanation:
Dead-weight loss is also known as excess burden. It is a situation where in there is a loss of economic sufficiency as a result of tax.
This economic sufficiency is when the supply of goods and services aren't met. That is, there is no market equilibrium between demand and supply. Taxes, subsidies, price rise or fall can be the reason for dead-weight loss as it causes the imbalance of demand and supply of goods or services to the consumers through price manipulations.
To calculate dead-weight loss, change in price as well as change in quantity demanded are important factors to consider.
Cheers.
Answer:
Inbound logistics
Explanation:
Logistics can be defined as the control of the movement of things between the point of inception and the point of consumption to meet the needs of different customers or corporations. The resources that are controlled in logistics include substantial goods such as materials, equipment, and supplies, and also other consumer goods.
Inbound logistics refers to the collecting, moving, facillitating, storage, and receiving of goods that comes into the business.
The cost of these elements is part of Jasmine’s product
adaptation in which a product adaptation is responsible for modifying or
determining the products that exist in which will be suitable for customers in
the market. As Jasmine was able to modify the products existing in her bridal
shop that is suitable for its customers.
Answer:
D. liquidity risk
Explanation:
Liquidity risk refers to the risk that occurs when a person or an organization unable to convert their hard assets into cash or cash equivalent as soon as possible.
This can be seen In the example above,
After moving to another city, Nisha probably need her money to purchase new property or purchase her basic needs. But she can't do it until she's able to sell the property that she has in her old place. This is why unable to sell her property created a liquidity risk for Nisha.
