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A produce distributor uses 1,200 packing crates a month, and each crate is purchased at a cost of $16. The manager has assigned an annual carrying cost of 20 percent of the purchase price per crate. Ordering costs are $40. Currently the manager orders once a month. c) What would the net change (with its direction) in the ordering cost be by ordering at the EOQ level? d) What would the net change (with its direction) in the carrying cost be by ordering at the EOQ level?
Analyze a recently published article that deals with a government action intended to alleviate a market failure. Evaluate this decision in light of the potential or realized u
Dynamism creates opportunity as well as constraints. Identify the most promising facing companies from advanced markets. Then do the same for firms from developing markets. Ho
What is the required reserve ratio? if the fed increases the reserve requirement from your answer to part a to 10 percent, explain verbally and show numerically what will happ
Suppose that there are only two firms (Firm A and Firm B) in the market for decorative lampshades. Let the inverse demand function and the total cost function be given by: P =
Discuss what information is available at your state or city government's public health department regarding the reporting of communicable diseases. What are some of the mandat
Discuss an element of money of interest to you; i.e. its function, creation, deposit. Your post should be unique and different from any classmate. You can use the course textb
For tax purposes, “gross income” is all the money a person receives in a given year from any source. But income taxes are levied on “taxable income” rather than gross income.
Two common drawbacks of Pigouvian subsidy mentioned in the literature are related to monetisation and measurement of social cost (Baumol) and reciprocity of social cost (Coase
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