The management thinks that the pharmaceutical market is going to improve over the next month so that it can sell 5% more Orchid Relief and at the same time procure 3% more of ingredient 2. However, thinking that they might have too much ingredient 1, the plan is to cut on some of the ingredient 1 and reduce its supply by 5%. How much more does it cost to produce the higher required amount of Orchid Relief? (Find the answer using sensitivity report only. If the answer cannot be determined using sensitivity report, enter -1000)

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.