Consider the market for widgets. Widgets are produced in the United States, unless producers aren't willing to meet the quantity demanded at a particular price. In that case, widgets are imported. Suppose that the price with free trade is $7. If lawmakers want to ensure that U. S. widget producers can sell at least 8,000 widgets, what might they do?

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

Taking commercial paper means the holder acts honestly

Adding a complementary product to what is currently being produced is a demand management strategy used when: a. capacity exceeds demand for a product that has stable demand.b. price increases have failed to bring about demand management.c. demand exceeds capacity.d. demand exceeds 100 percent.e. the existing product has seasonal or cyclical demand.