Author Question: If buyers expect future price increase, they will ___________ their purchases to avoid it. ... (Read 91 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
If buyers expect future price increase, they will ___________ their purchases to avoid it. Similarly, sellers will __________ selling to take advantage of it.
 a. Accelerate; accelerate
  b. Accelerate; delay
  c. Delay; accelerate
  d. Delay; delay

Question 2

George Webb Restaurant collects on the average 5 per customer at its breakfast & lunch diner. Its variable cost per customer averages 3, and its annual fixed cost is 40,000 . If George Webb wants to make a profit of 20,000 per year at the diner, it will have to serve__________ customers per year.
 a. 10,000 customers
  b. 20,000 customers
  c. 30,000 customers
  d. 40,000 customers
  e. 50,000 customers



chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library