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3 years ago

Indicate whether the situation below will lead to a surplus, shortage, or neither.

Business

1 answer:

Masteriza [31]3 years ago

4 0

If the price of a product falls to what is considered a bargain price, a shortage would occur.

A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.

A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.

When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.

When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.

To learn more about shortage, please check: brainly.com/question/16137233?referrer=searchResults

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S_A_V [24]

Answer:

a) maximize 12x+16y subject to x+y≤60; x+2y≤80; 2x-3y≥0; x-9y≤0.

b) 40 fish and 20 beef dinners

c) $800

Explanation:

Let x and y represent the numbers of fish and beef dinners to prepare, respectively. Then the relations these values must satisfy are ...

x + y ≤ 60 . . . . . a maximum of 60 dinners will be sold

0.25x + 0.50y ≤ 20 . . . . . kitchen hours cannot exceed 20

x/y ≥ 3/2 . . . . . . at least 3 fish dinners for each 2 beef dinners will be sold

y ≥ 0.10(x +y) . . . . at least 10% of dinners sold will be beef

While satisfying these relations, we want to maximize the profit function:

p = 12x +16y

a) The linear programming problem can be formulated as ...

Maximize 12x +16y, subject to ...

x + y ≤ 60
x + 2y ≤ 80
2x - 3y ≥ 0
x - 9y ≤ 0

b) The graph shows the constraint inequalities with the comparison symbol reversed. The effect of that is to shade the area that is NOT part of the solution set, leaving the feasible region white. The vertex of the (white) feasible region that makes the profit line farthest from the origin is the solution we're looking for. Once the profit line is plotted so we can compare its slope to the lines bounding the feasible region, it becomes clear which vertex is the one that maximizes profit.

The solution is (x, y) = (40, 20).

40 fish dinners
20 beef dinners

c) The maximum earnings are estimated to be ...

($12)(40) +($16)(20) = $800

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4 years ago

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. Whe

Airida [17]

Answer:

Global strategy; Transnational strategy

Explanations:

Companies should choose a global strategy or transnational strategy

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Global strategy covers three other strategies

1. International strategy

2. Multinational strategy

3. Global strategy

A firm adopt global strategy in order to increase its sales of products and Profit.

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Transnational occurs when a company in China wants to expand to other countries like Nigeria. For China to have a smooth operation, it must first take into cognizance our culture and believe.

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3 years ago

Calidasth is a company that sells cosmetic products. Its retail outlets offer discount sales at the end of every season. In the

Alex Ar [27]

Answer:

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Explanation:

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Anna11 [10]

Full question:

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Answer:

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Explanation:

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3 years ago

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natka813 [3]

Answer:

your answer is C

Explanation:

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3 years ago