The MPS is an anticipated schedule of________. Select one: a. supply b. product output c. customer service d. demand
d. Demand
MPS is Master Production Schedule which is a plan for individual commodities to be produced in each period of time.
The MPS is an anticipated schedule of________. Select one: a. supply b. product output c. customer...
Which of the following causes demand for a product to be elastic? Select one: a. supply b. substitutes c. sunk cost d. none of the above
Question 4 A vertical aggregate supply schedule implies that a. real wages cannot impact output. b. unemployment cannot impact output. c. aggregate demand is horizontal. d. the price level does not impact output.
choose the correct answer21\ Identify which one of the following changes in supply curve occurs when there is an increase in price of product:A\ Increase in supplyB\ Extension in supplyC\ Decrease in supplyD\ Contraction in supply 23\If the price of a product increases by 10% and demand decreases by 25%. It is the situation of: A\ Relatively inelastic demandB\ Unitary elastic demandC\ Perfectly elastic demandD\ Relatively elastic demand24\ In the analysis of its elasticity, if the demand for product “A”...
In a supply-and-demand graph, producer surplus can be pictured as the Select one: a vertical intercept of the supply curve. b. area between the demand curve and the supply curve to the left of equilibrium output. c. area under the supply curve to the left of equilibrium output. d. area under the demand curve to the left of equilibrium output. e. area between the equilibrium price line and the supply curve to the left of equilibrium output
tion Use the following demand and supply schedule of bottles of wine in France to answer the questions 1 to 5: Demand and Supply Schedules for Bottles of Wine Q $10 $30 $50 $70 $90 Derive the demand function in the form P =mQd+b. Show your work. Also, be sure to use the superscript function as needed. e. 30 What is the equilibrium quantity? Select one: a. 35 b. 45 c. 65 O d. on 5 At the price of...
1 Like the new classical model, the new Keynesian model distinguishes between the effects from anticipated and unanticipated policy: Anticipated policy has a ……… ..effect on aggregate output than unanticipated policy. However, anticipated policy does matter to …………… fluctuations. Please choose one: a. Smaller - price b. Larger - output c. Larger - price D. Smaller - output 2.A rise in the money supply raises equilibrium output, but lowers the equilibrium interest rate. Select one of them: Right False 3. The new...
According to Keynesian theory, the most important determinant of saving and consumption is Select one: a. the level of real income. b. the stock of liquid assets. c. the stock of durable goods in the consumer's possession. d. the level of consumer indebtedness. Question 5 Not yet answered Marked out of 1.00 Flag question Question text In the Keynesian model, planned investment is inversely related to Select one: a. the interest rate. b. the level of income. c. the wage...
Select all false statements. A. The output from aggregate planning is a master schedule covering the next 2 to 12 months. B. Capacity can be modified in aggregate planning by inventory and producing additional product using overtime. C. Organizations facing seasonal changes in demand are prevented from using chase strategy in aggregate planning. D. The overriding factor in choosing a strategy in aggregate planning is overall cost. E. Aggregate planning indicates the quantity and timing for delivery of a product...
Quantities in the MPS row of the master production schedule correspond to ________ in the requirements schedules of their immediate inputs in the bill of materials. a. Scheduled Receipts b. Planned Order Receipts c. Gross Requirements d. None of the above
What is one of the four elements of the process cycle for customer relationship management? Select one: a. customer interaction b. customer satisfaction c. customer loyalty d. customer profitability e. customer support It is possible today to calculate the total financial returns for each customer. Select one: True False What type of marketing analytics is being used when data is used from likes for posts on Facebook? Select one: a. Web analytics b. retail analytics c. demographic analytics d. social...