Answer:
Fall.
Explanation:
Since government spending is one of the components of aggregate demand, an increase in government spending will shift the demand curve to the right. A reduction in taxes will leave more disposable income and cause consumption and savings to increase, also shifting the aggregate demand curve to the right.
Answer:
1. 300 tires
2. 150 units
3. 32 times
4. 11.4 days
5. $2,400
6. $2,400
Explanation:
Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.
Material cost remains the same whatever the the order level. The costs that vary with the change in order level are ordering cost and holding cost.
The cost incurred to for each order placed is called ordering cost and cost which incurred to hold the inventory for a specific period is called holding cost.
EOQ =
EOQ =
EOQ = 300 units
1. EOQ is the level of order That should be placed to minimize the total cost of the business. The manager should order 300 tires in each lot.
2.
Average Inventory = EOQ / 2 = 300 / 2 = 150 units
3.
Number of orders = Total yearly demand / EOQ = 9,600 / 300 = 32 times
4.
Number of days = ( EOQ / total demand ) x 365 = 300 / 9600 x 365 = 11.4 days
5.
Fixed ordering cost = Total Demand / EOQ x $75 = (9600 / 300) x $75 = $2,400
6.
Holding cost = Average Inventory x holding cost per unit = 150 units x $16 = $2,400
Here Holding cost and ordering cost is same at EOQ level.
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i think the answer is B which is <span>Timber land was harvested, robbing Native Americans of a valuable resource</span>
I Think The answer is c I hope it helps Trying To help others
Answer:
Equilibrium price will increase and quantity demanded will increase.
Explanation:
Chicken and beef are both meat and exist as substitutes.
The New York Times report on out break of mad cow disease will make consumers look for a substitute to beef, they will buy more of chicken.
The fact that this breed of chicken eat the same feed and gains more weight will attract customers.
When a factor besides price affects the demand of a good it results in a demand shift. In this case demand for chicken increases, so demand curve shifts to the right.
The equilibrium price will also increase as more of the chicken will now be supplied. This is illustrated in the attached diagram by equilibrium price shift from P1 to P2.