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For Norma, both nachos and salsa are normal goods. They are also ordinary goods for Norma. The price of nachos rises, but the price of salsa remains unchanged.
Can you determine definitively whether she consumes more or fewer nachos?
A. We can say definitively that her consumption of nachos remains unchanged in response to the increase in the price of nachos.
B. We cannot say definitively what will happen to her consumption of nachos.
C. We can say definitively that her consumption of nachos falls in response to the increase in the price of nachos.
D. We can say definitively that her consumption of nachos rises in response to the increase in the price of nachos.
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What would the reorder point be for the paper? How much money would they save if they switched to the EOQ method of ordering?
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Now, it is time to reflect on what went well and what didn't go so well. Based on feedback throughout the course, what would you have done differently in terms of scope, resources, and / or schedule, and why?
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