Author Question: If buyers expect future price increase, they will ___________ their purchases to avoid it. ... (Read 101 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?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library