Buffer stocks often have been excessive-costly to maintain
Course:- Business Economics
Reference No.:- EM13891903

Assignment Help
Assignment Help >> Business Economics

Buffer stocks often have been excessive and costly to maintain because:

a. target prices have exceeded equilibrium levels

b. target prices have been set lower than equilibrium levels

c. demand has grown faster than anticipated

d. managers get paid more for keeping large inventories

Please provide with correct choice and explain your answer.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Examine the impact on a small country following an outward flow of immigrants that decreases its labor force. Assume that land is specific to agriculture and capital is specif
Please provide answers to the following using supply and demand curve diagrams. What is the effect of a decrease in the price of rubber on the new car market? What effect migh
Give an example based on your experience of a situation in which using a multiple regression model or nonlinear regression model may have helped you make a better decision
Some countries like Spain engage in expansive monetary policy to stimulate the economy. What was the effect of this policy on the interest rate, the exchange rate and output?
After wearing seat belts became malsoatory, drivers reacted by driving faster also less carefully. This is consistent with Illustrate what Principle of Economics.
Two identical firms, Firm 1 and Firm 2, compete in quantity in a market where inverse demand is P(Q) = 100 − Q and there exists a constant marginal cost of 20 per unit. Find t
She has no accounting background. Leonard cannot understand why market value is not used as basis for accounting measurement and reporting. Explain what basis is used and wh
Monopolistically competitive firms try to differentiate their products in order to eliminate substitutes. What are the comparable measures that can be taken in labor markets t