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Answer:
$12
Explanation:
Equilibrium price is price at the point where quantity supplied equals the quantity demanded.
Please check the attached image for a table showing how equilibrium was found
Answer: Computer aided engineering(CAE) systems.
Explanation:
Computer aided engineering involves making use of computer softwares that aids production. The computer aided engineering software is used to design how product could look like, simulate the product on a computer system to determine the product's possible performance and to ensure the desired standard is met, before the design can then be used to carry out production. Computer aided engineering is commonly applied in automobile production and large buildings construction.
Answer:
The correct answer is letter "C": Inventory management.
Explanation:
Inventory management refers to the concepts, tasks and management skills that are involved in managing an inventory. Order and purchase of raw materials, warehouse layout, storage, unit estimation, production scheduling, and just-in-time management are some examples.
Inventory management is important so that suppliers can schedule their operations and consumers can have the goods that satisfy their needs available.