G Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units 3,000 4,200 5,000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month’s sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for February are:
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Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
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If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
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Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
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G Ruiz Co. provides the following unit sales forecast for the next three months: January February Ma...
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