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Author Question: Due to an increase in the birthrate, the Solid Wood Furniture Company expects an increase in the ... (Read 27 times)

LCritchfi

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Question 1

Which of the following statements is 
true?


◦ Production and sales will fluctuate by the same amount and in the same direction over time.
◦ Production will not fluctuate over time, but a firm's sales will fluctuate over time.
◦ Production will fluctuate somewhat over time, but not as much as sales fluctuates over time.
◦ Production and sales will both fluctuate by the same amount over time, but in different directions.

Question 2

Due to an increase in the birthrate, the Solid Wood Furniture Company expects an increase in the sale of its cribs over the next few years. The Solid Wood Furniture Company will most likely


◦ keep current production constant, but plan to increase production in the future.
◦ increase current production.
◦ decrease current production so that it can increase production in the future.
◦ not change its current investment plans, but plan to increase investment in the future.


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Marked as best answer by LCritchfi on Apr 19, 2019

jomama

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LCritchfi

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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