The paragraph states that Coca-Cola and Pepsi-Cola are substitutable products, as they both fulfill the same requirement of being soft drinks, and consumers can choose between them based on various factors. It also mentions the presence of alternative goods to Coca-Cola, such as fruit juices, Pepsi beverages, and other hot and cold beverages.
The paragraph further highlights the intense competition between Coca-Cola and Pepsi, their comparable size and products, and the high barriers to exit in the market due to Coca-Cola's history and extensive advertising expenditure. I agree with the argument presented in the paragraph. It accurately describes the concept of substitutes and the ability of consumers to choose between Coca-Cola and Pepsi based on their preferences and other factors. The paragraph also correctly identifies fruit juices, Pepsi beverages, and various hot and cold beverages as alternatives to Coca-Cola, highlighting that customers have options to switch between these alternatives at a lower cost.
The paragraph's statement about the intense competition between Coca-Cola and Pepsi aligns with the well-known rivalry between these two major players in the soda sector. Their comparable size and similar products lead to intense pricing competition. The mention of high barriers to exit in the market due to Coca-Cola's long history and extensive advertising expenditure is also valid.
Overall, the paragraph presents a well-supported argument by acknowledging the substitutability of Coca-Cola and Pepsi, the presence of alternative goods, the intense competition between the two brands, and the barriers to exit in the market.
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a lender requires a 1.20 debt coverage ratio as a minimum. if the net operating income of a property is $45,000, what annual amount of debt service would provide the required debt coverage ratio?
The annual amount of debt service required to provide the required debt coverage ratio would either be $37,500 (if there are no existing debt service payments) or $27,500 (if there are existing debt service payments).
To do this, we divide the net operating income (NOI) by the required debt coverage ratio of 1.20:
$45,000 / 1.20 = $37,500
This means that the property has an annual debt service capacity of $37,500.
Next, we subtract any existing debt service payments from this amount to find the additional debt service required to meet the lender's minimum debt coverage ratio.
If the property has no existing debt service payments, then the annual amount of debt service required would simply be $37,500.
However, if there are existing debt service payments, we would subtract them from $37,500 to find the additional debt service required.
For example, if the property has existing debt service payments of $10,000 per year, then the additional debt service required to meet the 1.20 debt coverage ratio would be:
$37,500 - $10,000 = $27,500
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Describe a product that you think has saturated its market. What makes you think it has saturated its market?.
One of the products that have saturated its market is smartphones. This is because the number of individuals who own smartphones is very high and there are very few individuals who do not own a smartphone.
What makes smartphones the market saturated is that smartphone brands have tried to capture a larger market share by adding more features and this makes their phones more expensive.
This means that there are fewer individuals who are able or willing to upgrade to the newer models. Additionally, most of the smartphone brands have almost similar features and as a result, individuals have no reason to change to another brand.
Therefore, consumers have very limited choices to choose from. Smartphones have also been in the market for a while and are no longer considered as a luxury item but more of a necessity.
Consumers prefer to purchase a smartphone rather than the old traditional phones due to the convenience that they offer such as browsing the internet, checking emails, and so on.
In summary, the smartphone industry has reached its saturation point since most of the consumers own smartphones, brands have similar features, and consumers find no need to upgrade to the newer models.
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Smolira Golf has 10,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was \( \$ 77 . \) a. What is the price-earnings ratio? (Do not round intermedia
Price-earnings ratio (P/E Ratio) is a valuation ratio calculated by dividing the market price per share by the earnings per share (EPS).
The ratio is often used to compare the values of companies within the same industry. Here's how to solve the problem:Given:Smolira Golf has 10,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $77.Price-Earnings Ratio (P/E Ratio) = Market price per share of common stock / Earnings per share (EPS)Now, we need to find EPS. For that, we need to have net income or profit.Earnings per share (EPS) = Net Income / Number of Common Shares OutstandingSince we don't have net income or profit, we can't find EPS.
So, we can't find Price-Earnings Ratio (P/E Ratio) either. Therefore, the answer is "Not possible to calculate P/E Ratio."Note: The above question could be solved if the net income or profit of Smolira Golf had been provided.
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How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
In advertising regulation, the corrective measures of cease-and-desist orders, corrective ads, and fines are intended to keep advertising honest, keep competition fair, and to protect the public.
A cease-and-desist order is an order issued by a regulatory body, such as the Federal Trade Commission (FTC) or the Advertising Standards Authority (ASA), to stop a company from engaging in an illegal or deceptive practice.
What is Commission?Commission is a fee paid to a person or business in exchange for providing a service or executing a transaction. It is typically a percentage of the total sale or transaction amount, and is most commonly paid by the seller. Commission can be earned in a variety of industries, including sales, insurance, real estate, banking, and marketing. Most commonly, commission is earned when a salesperson successfully sells a product or service to a customer. Commission can also be paid for services such as recruiting, consulting, or finding a customer for a business.
This type of action is usually taken when a company has been found to have used false or misleading advertising. Corrective ads are ads that are placed to correct a false or misleading statement that was previously made by a company in an advertisement. Fines are penalties that are imposed by a regulatory body on a company for engaging in illegal or deceptive practices.
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This operations and supply chain management career path works closely with manufacturing, marketing, and purchasing to create timely, cost-effective import/export supply chains?
International Logistics Manager
Purchasing
Forecasting
Capacity Planning
To establish prompt, economical import/export supply chains, this job path in operations and supply chain management closely collaborates with production, marketing, and purchasing.international logistics manager.
International logistics Manager Tasks and ResponsibilitiesTo maintain the expected quality of service, work with international suppliers to handle import activities.Create and put into practice a supply chain strategy for international business growth.help with managing customs and shipment processes for import services.To enhance general business performance, maintain positive relationships with suppliers and service providers.To ensure secure and efficient product transportation, work with vendors to identify and remove logistical barriers.For effective execution of logistics activities, establish standard operating procedures and scheduling/shipping processes. Ask carriers for quotes on air and marine freight. Make sure that the logistics system is run in line with all applicable local, state, and federal laws.Constantly check that logistics operations adhere to US Customs and Border Protection rules.Staff members should be hired, managed, and trained in shipping procedures.Create and keep track of global supplier routing guidelines.
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Two factors that you should personally consider in the future consumption choices
Answer:
what is the question?
Put the options in the replies to this answers and I'll gladly answer
Explanation:
May I have brainliest please? :)
What effect would reducing income tax rates have on the interest rates of municipal bonds? A. Interest rates would rise because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. B. Interest rates would fall because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. C. Interest rates would fall because Treasury securities are now less valuable and more people will want to hold municipal bonds. D. Interest rates would rise because Treasury securities are now less valuable and more people will want to hold municipal bonds.
Answer:
A. Interest rates would rise because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds.
Explanation:
In the case when the income tax rate is decreased on the municipal bonds so here the interest rate would increase as there is a decrease in the income tax rate due to which there should be the tax-exempt for the municipal bonds also it is less valuable. In addition to this, it also decrease the municipal bond demand
hence, the correct option is A.
The underlying goal of a household when making personal financial planning decisions is to:Multiple ChoiceMinimize expendituresMinimize riskMaximize cash inflowsMaximize leisure timeMaximize standard of living
The underlying goal of a household when making personal financial planning decisions is to maximize the standard of living.
Personal financial planning refers to the process of managing your money to achieve your financial goals and maintain financial stability.
The standard of living refers to the level of comfort and material wealth that a household has. A household wants to achieve the highest standard of living possible, given their financial resources and constraints.
This means that the household wants to have enough money to pay for their essential expenses, such as housing, food, and transportation, as well as discretionary expenses, such as entertainment, travel, and savings.
In order to maximize their standard of living, a household may consider various personal financial planning decisions, such as reducing expenditures, managing risk, increasing cash inflows, and balancing leisure time with work.
However, the overarching goal is to improve their overall financial well-being and achieve a higher standard of living.
It's important to note that personal financial planning is a continual process and households may adjust their goals and strategies as their circumstances change.
By regularly reviewing and managing their finances, households can ensure that they are making the most of their financial resources and making progress towards their financial goals.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
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Which of the following are wants and needs:
Stock
Trade
Share
Money
Answer:
Trade and Money I think ...
who was in paris????
Answer: i wish i was in paris
Explanation:
Answer:
Ernest hemlingway
Explanation:
he was a Paris writer in 1899-1961
3. You would like to buy a new automobile. You have $50,000 or so, but the car costs $68,500. If you can earn 9 percent, how much do you have to invest today to buy the car in two years? Do you have enough? Assume the price will stay the same. 4. Suppose that you want to find the future value of a $10,000 note payable due in 4 years. The note payable requires interest to be compounded monthly at the rate of 10% per year. How about it is compounded semiannually same interest and due? Show your complete solutions.
The future value of the note payable is approximately $14,744.87, when compounded annually.
To determine how much you need to invest today to buy the car in two years, we can use the concept of present value. The present value formula is:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate per period, and n is the number of periods.
In this case, FV is the cost of the car ($68,500), r is the interest rate and n is the number of years (2).
PV = 68,500 / (1 + 0.09)^2
PV = 68,500 / 1.1881
PV ≈ 57,653.76
Therefore, you would need to invest approximately $57,653.76 today to buy the car in two years. Since you only have $50,000, you would need additional funds to cover the remaining cost.
For the second question, to find the future value of a $10,000 note payable due in 4 years, compounded monthly at a 10% interest rate, we can use the future value formula:
FV = PV * (1 + r/n)^(n*t)
Where FV is the future value, PV is the present value, r is the interest rate per period, n is the number of compounding periods per year, and t is the number of years.
Using a monthly compounding period (n = 12), we have:
FV = 10,000 * (1 + 0.10/12)^(12*4)
FV ≈ 14,641.49
The future value of the note payable, when compounded semiannually with the same 10% interest rate and due in 4 years, can be calculated as:
FV = 10,000 * (1 + 0.10/2)^(2*4)
FV ≈ 14,744.87
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Pick the example that best defines arrogance.
Jason, Denise, Danny, and Rob are new recruits in a company. They are each assigned to a team, though their managers observe certain undesirable qualities that each of them have. Jason is a bad listener and does not pay attention during meetings. Denise does not share new information with the rest of the team. She does not work well within the team. Danny manipulates his productivity sheets to make him look competent. He got caught on a few occasions trying to leave work early and clocking in full-time. Rob thinks he is always correct and shows an amplified sense of confidence.
The best example of arrogance is Rob, who thinks he is always correct and shows an amplified sense of confidence. His behavior demonstrates a lack of humility and an unwillingness to learn from those around him.
What is confidence?Confidence is a feeling of self-assurance and certainty about one's abilities, qualities, and judgement. It is the belief that one is capable of achieving success and handling difficult situations. It is a positive attitude that can be developed with practice and by believing in oneself. Confidence is also about being comfortable in one's own skin, trusting one's decisions and opinions, and feeling secure in one's own abilities and strengths. Having confidence can help individuals take risks and take on challenges, as well as help them receive feedback and criticism in a constructive manner. Confidence can help individuals overcome fear, build relationships, and take on leadership roles. Developing confidence requires self-awareness and self-love, which can be achieved by setting goals, developing a growth mindset, and practicing self-care. Confidence is an important factor in achieving success, and is a skill that can be nurtured and developed with practice.
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A winning strategy must pass three tests:
1. The fit test.
• Does it exhibit good fit with the external and internal aspects of the firm's dynamic situation?
2. The competitive advantage test.
• Is it likely to result in a sustainable competitive advantage?
3. The performance test.
• Is it producing superior performance, as indicated by the firm’s profitability, financial and competitive strengths, and market standing?
Keeping what you read in mind, answer the following questions. Use AMAZON
1. How does Amazon utilize these strategies?
2. Discuss if Amazon is successful or not in how they implement their strategy.
3. If you could add one more strategy for this company, what would it be, and how would you implement and evaluate?
Amazon definitely uses best fit with market situations.
Amazon has a culture of testing ideas rigorously and then doubling down on the things that are effective. And as a company that’s not afraid to fail, and will put money on the line to develop a product or service, even if the product poses some risk of failing.
In an enterprise, an aggressive advantage is an attribute that lets an organization outperform its competition. A competitive advantage might also encompass getting entry to herbal sources, which include high-grade ores or a low-price electricity source, relatively skilled hard work, geographic area, excessive access barriers, and get entry to a new era and to proprietary information.
Competitive gain is the leverage an enterprise has over its competition. this may be won by way of providing clients with better and greater value. advertising services or products with decreased charges or better exceptional piques the interest of clients. that is the motive at the back of emblem loyalty, or why customers prefer one unique service or product over another. fee proposition is essential when know-how competitive gain.
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what conditions might cause a country’s labor costs to remain low for an extended period of time?
Factors such as a surplus of labor supply, low productivity levels, weak labor unions, absence of minimum wage regulations, and limited worker rights can contribute to low labor costs in a country for an extended period of time.
In countries where there is a significant surplus of labor supply compared to job opportunities, employers have the advantage of being able to set wages at lower levels. Additionally, if the productivity levels of workers are low, employers may be reluctant to increase wages. Weak labor unions and limited worker rights can also hinder the bargaining power of workers, keeping wages low. Finally, the absence of minimum wage regulations allows employers to pay wages below a certain standard, further contributing to low labor costs.
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Case Questions: Can Burt’s Bees Turn Clorox Green?
Please read this article (taipeitimes.com/News/feat/archives/2008/01/06/2003395999), then complete a one-page case memo (max 550 words) that identifies the major marketing problem arising from the purchase of Burt's Bees by the Clorox company; describe recommendations to resolve the issue and detail how these recommendations will be implemented. The following questions are meant to highlight salient issues in the case that should be considered before completing your memo. Do not answer these questions directly, but use them during your analysis.
a. Could adopting business practices that focus on environmental sustainability (being eco-friendly) have a positive impact on a company’s sales? Could it have a negative impact?
b. Could this acquisition have a negative impact on the Burt’s Bees brand?
c. Could the acquisition have a negative impact on the sale of Clorox products?
d. What challenges could Clorox face in marketing Burt’s Bees products?
e. Could this acquisition be profitable for them?
f. Should Clorox continue with their current marketing strategy or should they change their approach? How?
Adopting business practices that focus on environmental sustainability could have a positive impact on a company’s sales by appealing to consumers who value eco-friendly products.
However, it could also have a negative impact if it detracts from the product's value in other areas, such as its quality. The acquisition of Burt's Bees could have a negative impact on the Burt’s Bees brand if Clorox is not able to maintain its commitment to natural ingredients and other environmentally-friendly practices. This could result in a decrease in sales, as customers may no longer view the products as “natural” or “eco-friendly”. The acquisition could also have a negative impact on the sale of Clorox products if customers associate the company with environmental negligence or inferior quality due to the acquisition. Clorox could face a number of challenges when it comes to marketing Burt’s Bees products. They would need to maintain the company’s commitment to natural ingredients and eco-friendly practices, while also appealing to a broader consumer base. They would need to carefully manage any potential conflicts between the two brands, and consider how to best use their resources to promote both brands. The acquisition could be profitable for Clorox if they are able to successfully manage the challenges mentioned above. Clorox should consider changing their approach in marketing Burt’s Bees products. They should focus on maintaining the company’s commitment to natural ingredients and eco-friendly practices, while also promoting the products to a broader consumer base. Clorox should also ensure that any marketing materials they use emphasize both brands’ core values. Additionally, Clorox should consider using multiple channels, such as print and digital, to reach more potential customers.
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A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11. Twenty-five percent of the overhead costs are considered incremental. The company can purchase the component from another source for $10. The company should do which of the following?
A. The company should make the components because incremental costs are $2 less than the purchase price.
B. The company should buy the components to save $2 per unit.
C. The company should buy the components to save $1 per unit.
D. The company can be indifferent because incremental costs are $10 and the purchase price is $10.
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2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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the major source of production in the economy comes from:group of answer choicesconglomerates.corporations.partnerships.sole proprietorships.
The major source of production in the economy can come from all types of businesses, including conglomerates, corporations, partnerships, and sole proprietorships.
However, the relative contribution of each type of business to the economy may vary depending on factors such as the industry, location, and size of the business. Generally, large corporations and conglomerates tend to have a significant impact on the economy due to their size and scale of operations, but small businesses such as partnerships and sole proprietorships also play an important role in creating jobs, driving innovation, and contributing to the overall economic growth.
Conglomerates: A conglomerate is a company that operates in multiple industries and has diversified interests. These companies are usually large and have a wide range of subsidiaries and business units. They are often able to leverage their size and resources to invest in new technologies and products, expand into new markets, and drive innovation in their respective industries. Conglomerates can have a significant impact on the economy due to their size and scale of operations.
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A credit sale of $750 is made on June 13, terms 2/10, n/30. It is followed by a return of $50 on June 16. If payment is made on June 23, how much cash is received?
If payment is made on June 23, the cash received will be $686.
To calculate the cash received, we need to consider the credit sale, the return, and any applicable discounts based on the terms provided.
Given:
Credit sale: $750
Terms: 2/10, n/30
Return: $50
Payment date: June 23
First, let's calculate the net amount after the return. We subtract the return amount from the credit sale:
Net amount = Credit sale - Return = $750 - $50 = $700
Next, let's calculate the amount of the discount that the customer can take advantage of if they pay within the discount period. In this case, the terms are 2/10, which means a 2% discount is offered if paid within 10 days.
Discount = Net amount * Discount rate = $700 * 0.02 = $14
The customer can take a $14 discount if the payment is made within the discount period.
Now, let's calculate the cash received:
Cash received = Net amount - Discount = $700 - $14 = $686
Therefore, if payment is made on June 23, the cash received will be $686.
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A top performing used car salesman is able to sell his cars to each customer at their maximum willing to pay, a practice known as:____.
A. pricing market to market.
B. perfect price discrimination.
C. insightful pricing.
D. price tying.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Choose the option that best matches the description given.
I handle the basic management of our employees and am the face you see in the media.
a)shareholder
b)officer
c)board of directors
Answer:
I think c. board of directors
OFFICERRRRRRRRRRRRRRR
Which of the following is not an example of professional behavior
?
Claire wants to introduce an electric vegetable chopper that can also work on hand-gesture commands. She wants to demonstrate the product to her target audience. Which sales channel should she use to demonstrate her product? Claire should use a ___ sales channel to demonstrate her product.
Answer:
direct channel (or producer to consumer)
Explanation:
This channel is appropriate when a producer is trying to introduce an innovative product or service and wants to reach a large audience. The best way a manufacturer or producer can sell its products or services directly to consumer is through internet sales.
Answer:
I put retail sales channel
Explanation:
(Yeah ik this is very late) I don't even know if that's right lol
The maximum percentage of market potential that an individual firm can expect to obtain for a specific product is
Answer:
Company sales potential
Explanation:
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a recent research signified the large health benefits of eating cooked tomatoes. holding other things constant, this will cause a. the demand curve for tomatoes to shift to the right b. the demand curve for tomatoes to shift to the left c. the supply curve for tomatoes to shift to the right d. the supply curve for tomatoes to shift to the left
The recent research highlighting the health benefits of eating cooked tomatoes would likely cause the demand curve for tomatoes to shift to the right. Option a is correct.
This is because the increased awareness of the health benefits would lead to a higher demand for tomatoes, as more people would be inclined to consume them. However, it would not affect the supply curve for tomatoes, as the supply is determined by factors such as production and availability, which are not directly influenced by health benefits.
Therefore, the correct answer would be option A, the demand curve for tomatoes would shift to the right.
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This is a receipt for a purchase made at a restaurant in
Sacramento, California.
The total cost of the food and drinks before taxes was
The buyer paid vin sales tax.
Based on the receipt, Sacramento has a sales tax rate
of
Answer:
10.00 , .85 , 8.5
Explanation:
Answer:
This is a receipt for a purchase made at a restaurant in Sacramento, California.
The total cost of the food and drinks before taxes was
✔ $10.00
.
The buyer paid
✔ $0.85
in sales tax.
Based on the receipt, Sacramento has a sales tax rate of
✔ 8.5%
.
You decide to buy your friend lunch after she helped you study for your exam. This is an example of the economic concept of? altruism marginal utility reciprocity a veblen good
This is an example of the economic concept of reciprocity.
Reciprocity is a mutual exchange of goods, actions, energy, time, emotion, etc. between two people. Reciprocity can and should be uniquely defined for each friend depending on his or her situation.
Here, in this situation, one decides to buy their friend lunch after she helped him study for his exam. So, this is an example of the economic concept of reciprocity. So here in this type of friendship, one is receiving from and giving to the other person, and this way the friendship is balanced.
Thus, when reciprocity is used in an honest, meaningful way with integrity, it can be incredibly powerful.
Hence, option C is correct.
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