Other Economics Answers

Select an existing motor carrier company operating in South Africa and answer the following. 

3. Terminal management is important in the motor carrier industry. Explain any four factors your company had to consider when deciding on the number of its terminals.

(5×4=20) please provide intext reference as well as references.

Select an existing motor carrier company operating in South Africa and answer the following. 

2. Carefully analyze the orientation of your chosen company (whether its customer or market orientated) and critique on its general service characteristics. This means you have to identity their service characteristics (4) and explain why they are significant to the company.

 (5×4=20) please provide intext reference as well as references.

In economics, "the long-run" is referred to as

In a market economy, one key disadvantage is a conumers ability to choose what product they want to purchase.

how do you calculate gdp at market price

• Which one of the following is not a requirement for or a characteristic of perfect competition? A. all market participants should have perfect knowledge of market conditions.
•  B. there should be no government intervention.
•  C. every firm must have the power to set its price.
•  D. the good must be homogeneous.

Nirmal Soul pvt Ltd is a manufacturer of bath towels. The company has to supply his customer 

750 units of his product per year. 

Any type of shortage is not acceptable.

The inventory carrying cost is is Rs 2.4 per unit per year

The set up cost per run is Rs 100 

Compute 

a. What should be the optimum order size and the optimum number of orders which should be 

executed

b. Calculate the total cost for the optimum order size