Answer:
$3.10 per litre
Explanation:
Riverbed will agree to buy the additional cranberries for at most $3.10 per litre since this is their normal selling price. They can buy at this price and accept to not make profit since they are out to satisfy customers now and are not necessarily looking to make profit.
Therefore cost of purchase of extra cranberries would equal selling price at maximum
Cause aggregate demand and GDP to decrease
Do you have a picture of this example?
Answer:
Milton Friedman was an economist from the Chicago School who was known mainly for two ideas: the monetarist view of inflation, and his support for free market policies.
Explanation:
As previously explained, Friedman was also a promoter of free market policies, and Reagan was a president that supported free market. Friedman supported lowering taxes to corporations, the wealthy, and the middle class, reducing regulations to businesses, and signing free trade agreements or reducing tariffs.
These were all policies that Reagan supported. He managed to cut taxes and regulations. He was less succesful in promoting free trade, but his successors: George Bush Father, Bill Clinton, and George Bush Son, also supported many of the views that Milton Friedman had.
Answer:
Cash flow.
Explanation:
A cash flow problem arises when an organization is unable to pay up it's debts. Different organisations tends to experience cash flow problems during their growth stage.
Cash flow problems could be due to the following reasons:
1) Reduction in the amount of profit that comes into the business.
2) Investing a large amount of money in production processes.
3) Giving goods to a large amount of customers on credit.
Businesses can improve cash flow by a reduction in the amount of their expenses, this can be achieved by cutting down costs.
