Answer:
18 units
Explanation:
The computation of the economic order quantity is shown below:
= 
= 
= 18 units
At 18 units of order size, the total cost would minimize.
It is that level at which the total carrying cost and the total ordering cost is equal.
Total cost = Purchase cost + ordering cost + carrying cost
It is a combination of purchase cost, ordering cost and the carrying cost
it would be the second option
Answer:
The answer is B.
Explanation:
Option B. Wages of sales person are the example of a Selling and Administrative cost. Other examples are rents, distribution cost etc.
Option C is wrong. Wages of production machine operators is a direct wage. It will form part of cost of sales.
Option D is wrong. Insurance on factory equipment cannot be attributable to selling cost.
Answer:
likely to undergo regulatory review by various governmental entities.
Explanation:
A horizontal acquisition refers to the business strategy where the one company could take the other company that operates at the similar level while on the other hand the vertical integration is the integration where the business operation could be acquired with the similar kind of production
So these types of acquisition should established the market power through which the regulatory review could be undergone via a different government entities
Answer:
Positive statement
Positive statement
normative statement
normative statement
Explanation:
Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, the statement - the lack of effective regulation contributed to a risk-seeking culture in the financial services industry- can be test empirically
Normative economics is based value judgements, opinions and perspectives. For example, the statement - Central banks should have imposed tighter regulations on banks to prevent the financial crisis- is based on opinion. Everyone would have an opinion on what the Central bank should have done
