8

Suppliers will supply more of a good when the price of that good rises because the opportunity cost of producing that good has r

Taya2010 [7]

Answer:

B. False

Explanation:

Opportunity cost of producing a good for the supplier are the profits that they could make from other goods that they are not producing, for example if a supplier is producing cars the opportunity cost are the profits that the supplier can make by producing other products instead of cars. This statement is wrong because when the price of a good increases the opportunity cost of producing the good does not change because the opportunity cost of producing the good depends on the price and profits of other goods. In this case when the price increases the suppliers will supply more of this good because the opportunity cost of not producing the good increases because they can make higher profits now.

8 0

3 years ago

George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four

expeople1 [14]

Answer:

Forecast for Spring season demand year 5 = 1,680 sailboats

Explanation:

total demand:

year 1 = 4,560

year 2 = 5,590

year 3 = 5,410

year 4 = 5,040

average quarterly demand:

year 1 = 4,560 / 4 = 1,140

year 2 = 5,590 / 4 = 1,397.5

year 3 = 5,410 / 4 = 1,352.5

year 4 = 5,040 / 4 = 1,260

Spring season demand:

year 1 = 1,520

year 2 = 1,400

year 3 = 1,640

year 4 = 1,580

Seasonal factor for Spring season:

year 1 = 1,520 / 4,560 = 0.3333

year 2 = 1,400 / 5,590 = 0.2504

year 3 = 1,640 / 5,410 = 0.3031

year 4 = 1,580 / 5,040 = 0.3135

Average seasonal factors for Spring season = (0.3333 + 0.2504 + 0.3031 + 0.3135) / 4 = 0.3

Forecast for Spring season demand year 5 = 0.3 x 5,600 sailboats = 1,680 sailboats

4 0

3 years ago

Avon Barksdale's operation uses large quantities of prepaid cell phones, on average 500 per week with a standard deviation of 45

alukav5142 [94]

Answer:

162.5 phones

Explanation:

The Avon Barksdale's operation uses 500 cell phones per week. The order quantity is 125 phones which takes 2 weeks to to deliver. To calculate the average inventory for Avon Barksdale we will subtract reorder quantity from the weekly use of cell phones.

500 per week * 2 weeks = 1,000 cell phones

he reorder point is 1,100 phones.

1,100 - 1,000 = 100 cell phones

The lead time is 2 weeks for 125 phones delivery

125 / 2 weeks = 62.5

62.5 + 100 = 162.5 phones

8 0

4 years ago

Which of the following dimensions of e-commerce technology involves the integration of video, audio, and text marketing messages

scoray [572]

The dimension of e-commerce technology involving integration of video, audio, and text marketing messages into a single marketing message and consumer experience is: Richness.

E-commerce is the business performed at an online platform. It involves the interaction between the buyer and seller online for the business to be accomplished. There can be three types of e-commerce: business-to-business, business-to-consumer and consumer-to-consumer.

Richness in e-commerce is defined as the amount of content and the message it is able to deliver to the customers online. If the customers are greatly influenced by the content of the website, the website is considered to have more richness.

To know more about e-commerce, here

brainly.com/question/14157556

#SPJ4

6 0

2 years ago

Q 5.24: crump company purchased $1,850 worth of inventory on account from payne industries on may 8th. the terms were 3/15, n/eo

BaLLatris [955]

Given:
<span>MAY 8 - Crump company purchased $1,850 worth of inventory on account from Payne industries ; the terms were 3/15, n/eom.
MAY 9 - Crump also paid freight charges of $95
Payne granted crump a $150 purchase allowance
MAY 17 - Payment in full

Debit Credit
May 8.
Purchases 1,850
Accounts Payable 1,850

May 9
Freight-In 95
Cash 95

Accounts Payable 150
Purchase returns and allowance 150

May 17 - Payment goes beyond the discounting period. No discount is given.

Accounts Payable 1,700
Cash 1,700
(1,850 - 150 = 1,700)

</span><span>"3/15, n/eom" This means that Crump can avail 3% discount when it pays on the 15th of the month and n discount when it pays at the end of the month. </span>

5 0

4 years ago