A retailer finds that the demand for a very popular board

Assignment Help Macroeconomics
Reference no: EM13335526

A retailer finds that the demand for a very popular board game averages 100 per week with a standard deviation of 20. If the seller wishes to have adequate stock 95% of the time, how many of the games must she keep on hand?

Reference no: EM13335526

Questions Cloud

Produce a consolidated cash flow statement : Equipment that was worn out and obsolete was sold for $10,000 at the end of the year. The equipment originally cost $600,000 and had a net book value of $65,000 on the date it was retired - Using the information above, produce a consolidated cash flo..
Continue to assume that the u.s. government collects : Continue to assume that the U.S. government collects a 35% tax on all corporate profit earned in the United States and that the Mexican government collects a 20% tax on all corporate profit earned in Mexico.
How many shares of each company should you purchase : Best Buy at $50.00, and Ford Motor at $10.00. How many shares of each company should you purchase so that your portfolio consists of 25 percent Alaska Air, 40 percent Best Buy, and 35 percent Ford Motor
Why do you think that economists interpret the high price : Why do you think that economists interpret the high price elasticity of demand for marijuana by regular users to be consistent with the fact that 90 percent of user’s do not become habitual users of the drug?
A retailer finds that the demand for a very popular board : A retailer finds that the demand for a very popular board game averages 100 per week with a standard deviation of 20. If the seller wishes to have adequate stock 95% of the time, how many of the games must she keep on hand?
Evaluate ecell for each of the cells : Use the Nernst equation and data from Appendix D to calculate Ecell for each of the following cells. Enter your answer with 3 significant digits. Enter scientific notation as 1.23E4.
What specific factors might have accounted for this event : A country's long -run equilibrium price level has increased, but the position of its aggregate demand schedule has not changed. what has happened? what specific factors might have accounted for this event?
Outline to define communication : Outline to define communication? an example and impact in relation to merger and high staff turnover, must find academic material to support need for communication in time of organizational change.
Develop a list of uses cases and a use case diagram : When a purchase is made, Pizza'sR'Us.com sends an e-mail notice to the customer with the order choice as well as payment information. It also notifies the store of the oreder. The system maintains an open order until it receives notice that the pi..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Quality management philosophies

Determine the main differences between re-engineering and continuous Improvement as Quality Management Philosophies?

  Can you explain how they got this

If the price elasticity of demand is 2 in absolute value, then when the price of a good x rises 25% the correct answer is the greater demand of good falls by 50%. Can you explain how they got this?

  Elucidate your answer using proper economic terms

Elucidate your answer using proper economic terms and analysis.

  Determining isocost graph

Suppose you are reviewing an isocost graph. The axis on the graph shows capital units on the vertical axis, and labor units on the horizontal axis.

  Price discrimination strategy of united airlines

Price Discrimination: Assume that United Airlines knows that it faces the following demand equations and corresponding marginal revenue equations for its (one-way) SFO to Las Vegas route

  How will produce an in efficient large number of departments

The college of business each of these in turn has a dean who is responsible for faculty departments such as economics and finance. Why is an M-form more likely than a U-form to be an efficient way of organizing a university and to organize the sch..

  Sources of expenditures in economy

List and explain the sources of expenditures in economy by focusing on the 4 major sectors of economy.

  Responsibility to decrease or eliminate unemployment

Who has the responsibility to decrease or eliminate unemployment. What is the role of business

  What unemployment rates expect to see in this economy

Consider another economy in which the unemployment rate over the next three years is 6%, 7%, and then 4%. According to Okun's Law, what are the levels of short run output (Y tilde) in this economy? Suppose short-run output over the next four years ..

  Different situations according solow growth model

Assume that the economy starts in steady state. According to the Solow growth model, how would each of the following affect consumption per worker in the long run, Explain?

  Illustrate what would happen to general

Illustrate what would happen to general and specific training in labor markets.

  Elasticity of us exports with respect to the real exchange

If the elasticity of US exports with respect to the real exchange rate is very low, will this increase in private saving have a large or small effect on the U.S. real exchange rate

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd