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Which chain of events is an expected occurrence in the market and, in addition, occurs in the correct order?
(x)
(y) Supply increases, price decreases, quantity demanded increases
(z) Supply decreases, price increases, quantity demanded increases.
A. (x), (y) and (z) B. (x) and (y) only
C. (x) and (z) only D. (y) and (z) only
E. (x) only
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- TIME Qd Price 1 44 10 2 40 9 3 42 11 4 46 12 5 48 11 6 52 12 7 54 13 8 58 13 9 56 14 10 60 15 Estimate demand as a function of price and shoew the line of best fit What would happen to the demand if price is Taka 20?A. Firm B Medium B. Firm B High C. Firm A low D. None E. Both D and A1, outcome B/ outcome A 2, outcome A/ outcome B 3, 4, shift of/ movement along 5, a decrease/ an increase 6, an increase/ a decrease
- Diego needs to forecast demand for his company's products, using the data he already possesses. He has an average of previous demand, and he knows the most recent demand because he believes it's a better predictor of future demand. Which forecasting technique should he use? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely.7) Manager B Effort Level Chance of success Cost of effort High Effort 0.6 100,000 Routine Effort 0.5 60,000 What is the minimum bonus that will entice high effort? 1. 40,000 2. 260,000 3. 300,000 4. 400,000 5. 520,000 6. 60,000 7. 100,000 8. 0 6) Manager A Effort Level Chance of success Cost of effort High Effort 0.6 300,000 Routine Effort 0.5 260,000 What is the minimum bonus that will entice high effort? 1. 40,000 2. 260,000 3. 300,000 4. 400,000 5. 520,000 6. 60,000 7. 100,000 8. 0 5) ABC Instrument, a manufacturer of precise scientific instruments, relies heavily on the efforts of its local salespeople. Selling an instrument requires either luck, high effort, or some combination of the two. A salesperson who chooses to work hard has a 40 percent chance of selling an instrument in a given year while a salesperson who chooses…a expanding, expanding b contracting, expanding c holding constant, expanding d contracting, contracting e expanding, contracting
- A product's price falls from £2.40 to £2. What percentage change does this represent? a) -40% b) -16.67% c) +40% d) +16.67%Just 2.9 Only D,E,F and GDemand function: Qdt = 160 − 0.8PtSupply function: Qst = -20 + 0.4Pt−1and when P0 = 160a) A good should be designed in accordance with demand and supply,The equilibrium price is 160. Find the time path of the equilibrium price of this good.b) Comment on the use of this time path. Draw the passage of the time path.
- Questions c) and d)The definition of “market place” is A. the most probable price. B.the same as cost when used C. the same as market value D. what the property sells for.1.Consumer only wants low price product no need for quality Yes No 2.Choose the best from below in terms of more supply points Pipe line Air transport Road Transport 3.Packaging cannot be considered in Supply Chain Management Yes NO 4.Pick Goods is the function of ware housing Yes No 5.When considering moving goods following factor is very important Perishability Look of the product Need of the product 6.Which one of Below are the categories of inventory Safety Stock Open stock Closed stock 7.Ultimate goal of SCM is Customer satisfaction with profitability Yes No 8.ISO9001 is a international quality standard Yes No 9.Storage of goods is a part of warehousing Yes No 10.Purpose of holding inventory is for Improve stock in hand Improve company stcok Improve customer…