Course: Economics
The milk market consists of the following demand and supply functions:
Q = 1,500 - 20P
Q = 500 + 30P
A group of workers from the mining sector belonging to the company Doe Run in Peru, as a means of protest, interrupts the highways preventing products from reaching their respective destinations. Answer:
a) Do these protests affect the demand or supply of milk? Argument
b) Which of the following functions (I, II, III or IV) would represent that change? Justify your answer :
I. Q = 1,000 + 30P
II. Q = 30 P
III. Q = 500 - 20P
IV. Q = 2,000 - 20P
Answers
a) The protests will impact the milk supply and not the milk demand. b) The change will be represented by Q = 500 - 20P. Therefore, the correct option is III.
a) The protests affect the supply of milk, not the demand. The demand function represents the willingness of consumers to buy milk at different prices, and it is not directly affected by the protests. However, the supply function represents the ability of producers to deliver milk to the market at different prices.
If the workers' protest disrupts the transportation of milk, it will hinder the ability of producers to supply milk to the market, causing a change in the supply function.
b) The function that would represent the change in the milk market is III. Q = 500 - 20P. The reason is that the original supply function is Q = 500 + 30P. Due to the protests, the ability to supply milk has been negatively affected, leading to a reduction in the quantity supplied at each price.
This would result in a decrease in the constant term of the supply function (from 500 to a lower value) and/or a change in the coefficient of the price term (from +30 to a smaller positive value or a negative value like -20). Function III reflects this reduction in the ability to supply milk due to the protests.
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Related Questions
Products are invented and revised by which department?.
Answers
Products are invented and revised by research and development department.
What is a research and development department?Research development department is the department which overseas the research activities and produce research based products.
They also develop research programs, and conduct research and development duties.
Thus, products are invented and revised by research and development department.
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One friend asks you to go to
the movies and the other
asks you to go to the park.
What is the opportunity cost
if you choose to go to the
park? Explain why
Answers
For example, movie theaters are some of the only locations available to the public where you are able to watch the brand new releases of movies. What also makes movie theaters unique from all other places is people receive the opportunity to watch the movie on a giant screen and be the first to find out what new movies are coming out later from the previews. Finally, movie theaters are famous for their movie theater popcorn.
I hope this helped!
why is each of the 4 factors of production important in running a business
Answers
Answer:
to run business sucessfully with out any type pf loss
Most file managers include a way to create a folder through the Save dialogue box.yes or no
Answers
Yes, Most file managers offer a Save dialogue box that allows you to create a folder. Ink-jet printers spray the ink onto paper using pressured nozzles.
Where is the Save As dialogue box?The Save As dialogue box allows the user to specify the disc, directory, and file name to be saved. By initializing an OPENFILENAME structure and providing it to the GetSaveFileName method, you may generate and show a Save As dialogue box.
Click Save As on the File menu to launch the Save As dialogue box. You can save a copy of the current project as a template or as a new project with a different name and location. The Save As dialogue box is typical of Windows.
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Andrew is a software tester. He runs through the same kinds of programs day after day, looking for bugs and reporting them. The workers in another department look at Andrew's reports and do the programming needed to fix the problems; Andrew never knows if his reports result in any software changes. Andrew is taking night classes in programming. Often, he knows the best solution for many of the bugs he finds, but is forbidden to make the fix or even offer suggestions. Which part of this description relates most to Task Identity
Answers
Answer: The workers in another department do the programming needed to fix the problems
Explanation:
Every organization has job roles and task for which individuals where employed for and in most cases workers are not really permitted to do beyond their task unless they are asked to do so by the organization or they are asked by their colleagues to assist them, despite Andrew taking classes in software training, he would still need approval from the organization before he can carry out task in another department.
How important do you think focus groups are to the eventual success of a new product?
Answers
Answer:
Yes
Explanation:
Focus groups help businesses learn what their customers think, enabling strategic decision-making focused on their target market's true wants and needs
Lone wolves possess low levels of both organizational commitment and task performance and exert the minimum level of effort needed to keep their jobs. V true or false?.
Answers
The statement is false because lone wolves possess a low level of organizational commitment but a high level of task performance.
Organizational commitment is the relationship that staff members have with their employer (the organization). Employees that feel compelled to remain with their company because leaving would result in lower pay and benefits are a perfect example of high-level commitment.
Task performance is the efficiency with which job holders accomplish their duties. undertake tasks that support the technical core of the business, either directly by performing a technological process or indirectly by giving it the resources or services it needs (Borman & Motowidlo, 1993).
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Calculate the GDP using the table and choose the correct answer.
A) $602
B) $584
C) 298
Answers
Explain why unions have declined in power in the last few decades.
Answers
Answer: See explanation
Explanation:
There are a number of reasons for the reduction in the power of unions in the last few decades.
One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.
Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.
Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.
____ reading will increase your focus and concentration, help you understand the reading, and prepare you to study.
Answers
Answer:
Active.
Explanation:
Active reading can be defined as a process which typically involves an individual being focused on his or her study. It is aimed at acquiring knowledge and understanding of a particular subject or topic without distractions.
Hence, active reading will increase your focus and concentration, help you understand the reading, and prepare you to study.
Federally-funded grants require the student to...
earn above average grades.
have a membership in a high school club.
perform volunteer work for a local community
agency.
have financial need only.
Answers
Answer:
Explanation:
have financial need only
Federally-funded grants typically require students to have financial need only, as they are designed to provide financial assistance to students who may not have the means to pay for their education. Therefore, option D is correct.
Federally-funded grants are financial assistance programs provided by the government to support students in pursuing their education. These grants are typically awarded based on financial need, considering factors such as income, family size, and assets.
They aim to ensure that students from low-income backgrounds have access to higher education opportunities. Unlike loans, grants do not need to be repaid, making them an attractive form of aid.
Federal grants include programs like the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG), among others.
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importance of Technical profession
Answers
Answer:
The technical profession has always been important as it has replaced the society from nomadic to the modern era. ... The facilities of medicines, surgical works, communication, computer technology, transportation system, etc are the result of technical professions.
_____ is the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes.
Answers
The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.
Profit can be defined as the amount of money earned after deducting all expenses.
A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.
In another word profit is the revenue generated after paying out all costs such as:
Interest costsTaxesLabor costsMaterial costs etcInconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.
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what is true about taxes?
a. most citizens want to pay the highest amount possible?
b. Taxes benefit the government, but they do not benefit the citizens.
c. Traces benefit the citizens, but they do not benefit the government.
d. The tax money comes out of the citizens income and overall wealth
Answers
Answer: D) the tax money comes out of the citizen’s earned income and overall wealth.
Explanation:
Just took the test.
Statements that can be relied on with a fair amount of certainty and can be observed objectively are known as.
Answers
Statements which will be relied on with a fair amount of certainty and can be observed objectively are known as.----Facts.
What does one mean by a statement?
A statement is a sentence that says something is true, like "Pizza is delicious." There are other forms of statements in the worlds of the law, banking, and government. All statements claim something or make some extent . If you witness an accident, you create a statement to police, describing what you saw.
What can we mean by facts?
A fact is an indisputable observation of a natural or social phenomenon. we will see it directly and show it to others. A hypothesis is a thought that we can test with further observations. We began to gather evidence to see if our hypothesis is supported.
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How important are non-U.S. Sales to GM? What implications does this have for GM's global and business strategy? Think about the integration- response framework to inform global strategy and different strategic positions to inform business strategy.
Answers
Answer:
Throughout the clarification segment elsewhere here, the definition including its query is mentioned.
Explanation:
Non-the-U.S. GM sales become highly significant throughout China because GM currently dominates the US market, therefore there is not much growth potential for GM throughout America. With either a community of 1.4 billion although currently just 11 vehicles among 100 individuals relative to a traffic volume of 81 per 100 throughout the U.S, China provides the automobile industry potential enormous investment opportunities.The domestic car industry has expanded exponentially although China came into the world Trade Organization throughout the year 2001, and it has now surpassed the U.S as the world's largest. This encourages GM to extend the organization across the outside regions and win the market penetration as that of the global growing corporate policy of GM. GM started its business suddenly, according to some of its key rivals. Throughout 1997, GM entered into a joint venture with another of the "big 4" Chinese car manufacturers, Shanghai Automotive Company. It's one of the world's leading corporations which numbered 60th mostly on the Fortune Top 100 list. GM has been able to build guanxi, social media platforms, and partnerships over nearly 20 years that foster commercial ties with some of its Chinese business owners as well as government leaders.A unit of measure that equals 2.471 acres or 10,000 square meters of land is called what?
Answers
which of the following forms of business organization is generally believed to have an easier ability to raise capital and transfer ownership?
Answers
The form of business organization that is generally believed to have an easier ability to raise capital and transfer ownership is the corporation.
Corporations have the advantage of being able to sell stocks to the public, allowing them to raise large amounts of capital. In addition, ownership of a corporation is transferable through the buying and selling of stocks, making it easier for shareholders to sell their ownership stake if they wish to do so.
On the other hand, sole proprietorships and partnerships have limited ability to raise capital and transfer ownership, as they rely on personal funds or loans from banks or other sources, and transferring ownership can be more complex due to the lack of a stock market. Overall, the corporation is often considered the most favorable form of business organization for companies looking to raise capital and provide liquidity for shareholders.
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Which statements best explains how globalization offers an advantage to businesses
Answers
Answer:
Hello here's the answer!
Explanation:
A
C
D
E
your welcome! Brainliest if you liked the answer!
A company budgeted $148,000 sales on account for June, $120,000 for July, $211,000 for August, $198,000 for September, and $164,000 for October. Collection experience indicates that 60% of the budgeted sales will be collected the month after the sale, 36% will be collected the second month, and 4% will be uncollectible. Which month should have the largest amount of cash receipts from accounts receivable budgeted
Answers
Answer:
October
Explanation:
The computation of the month in which the largest amount of cash receipts is there
So, for that the calculation is to be needed
= $211,000 × 36% + $198,000 × 60%
= $75,960 + $118,800
= $194,760
For this month, the cash receipts from the account receivable is high
So the same should be considered
You deposit $500 into an investment account each year for 10 years and earn 8% interest per year. How much will you end up with after the 10 years
Answers
Suppose a person deposits $500 each year for 10 years at a rate of 8%. What will be the value of this account after 10 years?Let's begin by determining the initial balance of the account.
The individual deposited $500 at the start of the first year. As a result, the account balance at the end of year 1 is $500.After that, the individual will make 9 additional $500 contributions, bringing the total contributions to $5,000. We can't just multiply the contributions by the interest rate to calculate the account balance since the interest compounds.
As a result, we must employ the following method to calculate the account balance:Year 1: $500Year 2: $500 + 8 percent of $500 = $540Year 3: $540 + 8 percent of $540 = $583.2Year 4: $583.2 + 8 percent of $583.2 = $628.74Year 5: $628.74 + 8 percent of $628.74 = $677.10Year 6: $677.10 + 8 percent of $677.10 = $728.98Year 7: $728.98 + 8 percent of $728.98 = $784.12Year 8: $784.12 + 8 percent of $784.12 = $842.27Year 9: $842.27 + 8 percent of $842.27 = $903.16Year 10: $903.16 + 8 percent of $903.16 = $966.17As a result, the account will be worth $966.17 at the end of the 10th year if $500 is deposited each year for 10 years at a rate of 8 percent, assuming that the interest is compounded annually.Therefore, the final balance will be $966.17.
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factorise the following3x^2-18 +24
Answers
Answer:
it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice
Maywood, Inc. recently signed a $360,000, six-month note on August 22, 2025. The interest rate is 11%. How much interest will be due at maturity? KITE OA. $39,600 OB. $16,500 OC. $13,200 OD. $19,800
Answers
To calculate the interest due at maturity, we can use the formula:
Interest = Principal × Interest Rate × Time
Given:
Principal = $360,000
Interest Rate = 11%
Time = 6 months
Substituting the values into the formula
Interest = $360,000 × 0.11 × 6/12 = $19,80
Therefore, the interest due at maturity is $19,800. Option OD is correct.
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FILL THE BLANK. 2. Hill and Helmers discuss the ways that the meaning of the Ground Zero Spirit, taken in the rubble of the twin towers on September 11, 2001, is influenced by audience's earlier understandings of the Flag Raising at Iwo Jima, taken during World War II. This is an example of the _____________ constitution of meaning.
A. symbolic
B. intertextual
C. ideological
D. compositional
Answers
This is an example of the intertextual. constitution of meaning. B. intertextualC. Option B
What is intertextual constitution?The intertextual constitution of meaning refers to how the meaning of a text or cultural artifact is shaped by its relationship and connections to other texts or cultural references.
In the given scenario, Hill and Helmers discuss how the meaning of the Ground Zero Spirit photograph taken on September 11, 2001, is influenced by the audience's prior knowledge and understanding of the Flag Raising at Iwo Jima photograph taken during World War II.
The Flag Raising at Iwo Jima photograph is a well-known and iconic image that carries historical and symbolic significance. It represents American patriotism, unity, and resilience.
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W.C. Cycling had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled _$250,000, and cash flow from financing activities totaled $170,000. Required: a) What was the cash flow from operating activities? b) If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm's net income?
Answers
Answer:
a) 50,000
b) 115,000
Explanation:
Cash flow from operating activities and Net Income can be calculated as follows
DATA
Opening cash balance = $55,000
Closing cash balance = $25,000
Long term investing activities = $250,000
Cashflow from financing activities = $170,000
Requirement A: Cash flow from operating activities
$
Investment 250,000
Less:
Cash flow from financing activities (170,000)
Opening Cash balance (55,000)
Add:
Closing cash balance 25,000
Operating cash flows 50,000
Requirement B: Net Income
Operating cash flows 50,000
Add:
Increase in receivables and inventory 100,000
Less:
Increase in accruals 25,000
Depreciation 10,000
Net Income 115,000
Where is the row selector located in Datasheet view?
above the top row of data
below the last row of data
to the left of the leftmost data
to the right of the rightmost data
Answers
Answer:
to the left of the leftmost data
Explanation:
A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
A Datasheet view is simply the rows and columns of data in a table that are being displayed in database software application such as Microsoft Access and Excel.
In DBMS, rows are numbered numerically as 1, 2, 3, 4, 5, etc. from top to bottom while columns are labeled alphabetically as A, B, C, D, E, etc. from left to right. Thus, a row is the horizontal arrangement of cell while column is the vertical arrangement of cell in a spreadsheet (table of cells).
Generally, the row selector is located to the left of the leftmost data in Datasheet view.
Answer:
c
Explanation:
2. What is the name of the tendency for your body to stay “in motion" through the air
Answers
Answer:
please mark as brainliest
Explanation:
ans: Inertia
Inertia is the tendency of a body in motion to remain in motion through the air.
The name of the tendency where the body has to stay in motion via the air is inertia.
The following information related to the inertia is:
It is the resistance with respect to the physical object along with its velocity. It involved the speed variation or the motion direction.It is the object's tendency where it remains to move in the straight line having the same speed at the time when no force is acted.Therefore we can conclude that the name of the tendency where the body has to stay in motion via the air is inertia.
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Question 3 of 10
Which of the following is a hard skill that a marketing manager might use on
a regular basis?
A. Using listening skills to understand employee concerns
B. Using spreadsheets to plan budgets
C. Using leadership skills to motivate a project team
D. Using coding skills to create websites for clients
SUBMIT
Answers
Answer: B. Using spreadsheets to plan budgets
Explanation: yes
Mention five legal ways to spend money
Answers
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): The applicable tax rate is 25%. There are no other temporary or permanent differences. Which of the following must Franklin Freightways disclose related to the income tax expense reported in the income statement (\$ in millions)? Multiple Choice Only the current portion of tax expense of $340 Only the total tax expense of $425. Both the current portion of the tax expense of $160 and the deferred portion of the tax expense of $85. None of these answer choices are correct.
Answers
Franklin Freightways must disclose both the current portion of the tax expense of $160 and the deferred portion of the tax expense of $85.
When preparing financial statements, Franklin Freightways is required to disclose both the current portion and the deferred portion of the tax expense reported in the income statement. The current portion of tax expense refers to the tax liability for the current year, which in this case is $160 million. The deferred portion of tax expense represents the tax liability or benefit resulting from temporary differences between the financial statement and tax bases of assets and liabilities, and it amounts to $85 million. As there are no other temporary or permanent differences mentioned, these two components sum up to the total tax expense of $245 million ($160 million current + $85 million deferred). Therefore, the answer is that Franklin Freightways must disclose both the current and deferred portions of the tax expense.
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