What factors will determine the sizes of the shortages? the extent of the excess demand implied by the shortages will depend on a. the amount by which quantity supplied exceeds quantity demanded, where the shortages will be larger the greater this difference. b. the elasticity of supply, where the shortages will be larger if more close substitutes are available. c. the elasticity of demand, where the shortages will be larger if demand is more inelastic. d. the amount by which price is set above market-clearing levels, where the shortages will be larger the greater this difference. e. the elasticities of supply and demand, where the shortages will be larger if both supply and demand are more elastic.
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Business, 21.06.2019 16:00
Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.
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Which are the best examples of costs that should be considered when creating a project budget?
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Business, 22.06.2019 19:30
Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]
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Business, 22.06.2019 23:00
Which of the following is not one of the four principles of bottleneck management? a. increasing capacity at non-bottleneck stations is a mirageb. lost time at the bottleneck is lost system capacity.c. release work orders to the system at the bottleneck's capacity pace.d. increased bottleneck capacity is increased system capacity.e. bottlenecks should be moved to the end of the system process.
Answers: 1
What factors will determine the sizes of the shortages? the extent of the excess demand implied by...
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