+1-415-670-9189
info@expertsmind.com
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
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 20,000 -4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 2,000QL and
Consider the taco stands on State Street. Suppose that the taco market on State Street is a perfect competitive market, where all taco stands are exactly the same (i.e. produc
Suppose that a store will sell 2000 boxes of bananas a week at a price of $12 per box. If the store raises its prices to $15 per box, it will sell 1500 boxes. What is the elas
A consumer is willing to trade 3 units of x for 1 unit of y when she has a bundle (x, y) = (6, 5). She is also willing to trade 6 units of x for 2 units of y when she has (12,
Explain the meaning of future values VS present values calculation in money and banking. Compute the future value of $5,000 deposited annually for 5 years, assuming a 10% annu
The maintenance costs are $1,000 per year for the first 20 years and $3,000 per year thereafter during an infinite life span. With interest at 8% per annum, how much is the pr
What are some pros and cons to command-and-control strategies. How does C-and-C compare to Incentive strategies? In general, do you favor such strategies? Under which conditio
David’s total variable cost function has been calculated to be TVC = 100Q + 30Q² - Q³, where Q is the number of units of output. When marginal cost is a minimum, what is the o