Kellam images prints snack food bags on long rolls of plastic film. the plant operates 250 days a year. the daily production rate is 6000 bags, and the daily demand is 3500 bags. the cost to set up the design for printing is $300. the holding cost is estimated at 2 cents per bag. what is the recommended production lot size?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

The questions of economics address which of the following ? check all that apply