Answer:
700 units
Explanation:
No of orders per year=annual demand/optimal order quantity
No of orders per year=12,000/600=20
Average orders per month=20/11=1.75
Average Inventory=1.75*400=700
Please note that 11 months are taken as 1 month is lead time therefore it is excluded for per month orders.
If the government announces it will stop taxing a luxury good next year, the demand for that luxury good would likely shift to the right (increase) today as consumers anticipate lower prices in the future.
The impact of government tax policies on consumer demand can be a complex topic to consider. In the scenario where the government announces that it will stop taxing a luxury good next year, the demand for that luxury good is likely to shift to the right today. This means that consumer demand will increase.
Many consumers who might have been deterred from purchasing the luxury good due to the extra cost imposed by the tax may now decide to wait until the tax is lifted before making their purchase. Therefore, the demand for the good will remain steady or possibly increase in anticipation.
However, it’s important to note that the shift might not be huge if consumers believe the price savings from the no tax policy isn't significant enough to warrant waiting. Other factors such as individual income levels, the perception of the good's worth, or the perceived urgency to own the good can also influence the shift in demand.
Learn more about Demand Shift here:
#SPJ11
Answer:
True
Explanation:
The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.
Answer:
a promissory note
Explanation:
Based on the information provided within the question it can be said that the instrument that Ewa signed is most likely a promissory note. This is a not that enforces an unconditional promise, from one individual to another promising to make a certain payment in a certain time period. Which is exactly what EWA is signing when agreeing to pay $5,000 with interest in installments with the final payment due June 1, 2013.
B) Combine two businesses to create a market opening.
C) Begin with a problem in mind or a pain you can relieve.
D) Recognize a hot trend and ride the wave.