which of the following statements best describe the basic fixed-order quantity model? group of answer choices an order is placed when the remaining on-hand inventory reaches the reorder point. an order is placed after the on-hand inventory has been counted or reviewed. an order is placed after there is a stockout. an order is placed when the inventory holding costs are lower than the setup costs. none of the above statements is correct.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; by looking at total product,marginal product,and changes in both after changes in inputs

answer///schedule;