An allergy products superstore buys 6000 of their most popular model of air filters each year. The price of the air filters is $18. The cost of ordering and receiving shipments is $12 per order. Accounting estimates annual carrying costs are 20% of the price. The supplier lead time is 2 days. The store operates 240 days per year. Each order is received from the supplier in a single delivery. There are no quantity discounts. What is the store’s minimum total annual cost of placing orders & carrying inventory?

answerstop plates; security tracking of office property

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.

false is correct i hope.

i might be