A manager at Strateline Manufacturing must choose between two shipping alternatives:

Two-day freight and five-day freight.

Using five-day freight would cost $170 less than using two-day freight. The primary consideration is holding cost, which is $10 per unit a year. 2,250 items are to be shipped.

(a) Which alternative would you recommend? Explain

Which of the following has the largest impact on opportunity cost

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively