The business cycle measures: Group of answer choices fluctuations in the profit of businesses. fluctuations in the long-run trend growth rate of GDP. short-run fluctuations in economic activity. fluctuations in the average tax rate paid by businesses. fluctuations in consumption. g

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?