Using the midpoint method, the price elasticity of demand for corn between the prices of $10 and $8 per bushel is , which means demand is between these two points. therefore, you would tell the grower that her claim is , because total revenue will as a result of the spell of good weather.

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:

In a database table, each record is usually displayed on its own separate a. column b. field c. row d. cell

Textile industry in a nation is characterized by vigorous domestic rivalry. which of the following observations of this nation's international competency is most likely to be true? the nation will have access to such basic factors of textile industry as natural resources. the nation's textile firms will have a competitive advantage in international trade. the domestic customers of the textile firms will be less demanding. the nation's textile industry will lack the advanced factors that are necessary to be internationally competent.