An economy has three industries, farming, building, and clothing. For every dollar of food produced, the farmers use $0.07, the builders use $0.16, and the tailors use $0.03. For every dollar of building, the builders use $0.18, the farmers use $0.14, and the tailors use $0.09. For every dollar of clothing produced, the tailors use $0.04, the builders use $0.15, and the farmers use $0.07. If the external demand for food is $210 million, for building is $160 million, and for clothing is $170 million, what should be the total production for each industry

Double corporation acquired all of the common stock of simple company for

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.