Answer:
Monopolistic Competition
Explanation:
In Monopolistic Competition, there are many buyers and sellers. Firms do not have full control over prices, but take the market prices as a benchmark, and can charge a slightly lower or higher price depending on the product they offer.
Products are not perfect substitutes, they have some grade of differentiaton, and buyers have access to information, and can easily compare products and suppliers.
This type of market it's typical of crowded, competitive economic sectors such as retail, including clothing stores, restaurants, and shoe stores.
I would say $7.00 per hour lol
Answer:
The optimal stocking level is 243 boxes
Explanation:
In order to calculate the optimal stocking level we would have to calculate the following formula:
optimal stocking level=mean+(Z* standard deviation)
According to the given data we have the following:
mean=250 boxes per day
standard deviation=22 boxes
To calculate the z value we would have to calculate the service level as follows:
service level=shortage/(shortage+overage)
service level=3/(3+5)
service level=0.38
Hence, z value is -0.31
Therefore, optimal stocking level=250 + (-0.31 * 22)
optimal stocking level=243 boxes
The optimal stocking level is 243 boxes
I'm so sorry I don't know hopefully someone will help u
A savings account is an account held at a bank or another financial institution. This account could be seen online and is used to store money and earn interest on that money.
A savings account saves your money.
A current account is a bank account that keeps your money safe and secure, it helps manage finances and is easy to make payments with. With a current account you can have deposits, withdrawals, etc. In an current account an amount can be deposited and withdrawn at any time without any notice needed.
