Suppose that you are an orange grower. Would you expect the demand for your
orange to be more elastic or more inelastic? Why

Answers

Answer 1

It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.

It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.

In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.

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Related Questions

Which of the following will shift the
LRAS Curve to the left?
A. increase quantity of laborers
B. decrease in quantity of laborers
C. increase quality of laborers

Answers

Answer: B

Explanation:

The amount of a real estate broker's commission is

Answers

In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:

There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.

Define assets and liabilities and give an example

Answers

No entiendo el ingles me pueden decir como le cambio el idioma

Assets are things of value a person or company owns that provides an economic benefit to them e.g. machinery. Liabilities are what a person or company owes (debts) e.g. loan.

What are three differences between a public sector and public corporations?

Answers

Explanation:

Comparison Table Between Public Sector and Public Limited Company (in Tabular Form) Public sector companies are controlled by the state or central government. ... A public sector company is not listed in the share market. A public limited company is listed in the share market and also requires going for an IPO.

The production report for Glenway Company for February contained the following information: Work in process, beginning of the month - 3,500 units; 1 / 5 completed Units completed and transferred to finished goods - 25,000 Work in process, end of month - 4,000 units; 1 / 4 completed Production costs for the month were: materials - $25,325; labor - $20,175; overhead - $38,950. Costs in beginning work in process were $5,250. What is the cost per equivalent unit?
a. $3.45
b. $3.59
c. $3.20
d. $3.25

Answers

Based on the information the cost per equivalent unit $3.45.

First step is to calculate the units produced During Month

Units Completed and Transferred out 25,000

Work in Progress End of Month 1,000

(4000 × 1/4)

Units Produced During Month  26,000

(25,000+1,000)

Second step is to calculate the total costs for the month

Materials $25,325

Labor $20,175

Overhead -$38,950

Costs in beginning work in process $5,250

Total Costs For Month $89,700

Third step is to calculate the cost per unit

Cost per Equivalent Unit =$89700/26000

Cost per Equivalent Unit=$3.45

Inconclusion the information the cost per equivalent unit $3.45.

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A tax on the amount of money a person earns in a year is a(n)
A. income tax
B. sales tax
C. credit tax
O D. property tax

Answers

Answer:

A. Income Tax

Explanation:

Answer:income Tax

Explanation:I jus take a test

what is likely to play a more important role in a mixed economy than in a free market economy

Answers

Answer:

Heya!

Explanation:

The characteristics of a mixed economy include allowing supply and demand to determine fair prices, the protection of private property, innovation being promoted, standards of employment, the limitation of government in business yet allowing the government to provide overall welfare, and market facilitation by the self-interest of the players involved.

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A(n) will carry out the terms of a will after a person has passed away.​

Answers

Answer:

An Executor will carry out the terms of a will after a person has passed away.

Hope that helps you. x

Howarth Manufacturing Company purchased equipment on June 30, 2017, at a cost of $800,000. The residual value of the equipment was estimated to be $50,000 at the end of a five year life. The equipment was sold on March 31, 2021, for $170,000. Howarth uses the straight- line depreciation method for all of its plant and equipment. Partial-year depreciation is calculated based on the number of months the asset is in service
Required:
1. Prepare the journal entry to record the sale.
2. Assuming that Howarth had instead used the double-declining balance method, prepare the journal entry to record the sale.

Answers

The journal entry that can be used to record the sale will be:

March 31, 2021.

Debit Cash $170000

Debit Accumulated Depreciation $562500

Debit Less on sales $67500

Credit Equipment $800000

When Howarth used the double-declining balance method, the journal entry to record the sale will be:

Debit Cash $170000

Debit Accumulated Depreciation $675584

Credit Gain on sales $45584

Credit Equipment $800000

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2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this market?

Answers

Companies often set target for themselves.  The reasons why it is difficult for this firm to make money is that;

As a result of poor demand for the products It can be also be like due to the power  or prestige gained over the years by the supermarkets is depreciating.This can be due to the small price margin or the price competition from other manufacturers.Losses encountered via the issue of  Private LabelPoor marketing and advertisement strategy and poor budget allocation for it.

Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.

It is commonly known in the world to be the biggest processed meat company that is found in New England.  They are based on natural casing, fully cooked and fresh sausage etc.

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In which 3 cases would you use the "Add funds to this deposit" grid in a Bank deposit in qbo

Answers

Based on accounting operation analysis, the 3 cases where one can use the "Add funds to this deposit" grid in a Bank deposit in QBO include "When a company doesn't need to record sales details."

The other cases where one can use the "Add funds to this deposit" grid in a Bank deposit in QBO include the following:

When an employee reimburses the companyWhen you receive a tax refund from the IRS

What is QBO?

QBO is the acronym for QuickBooks Online Accounting Software. Business firms use it to monitor expenses, coordinate cash flow & establish invoices.

Hence, in this case, it is concluded that QuickBooks Online is a vital tool to possess by any business firm.

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On January 1, 2020, Holiday Inc. offered a stock option incentive plan to a top executive. The plan provided the executive 300 stock options for Holiday Inc. $1 par value, common stock at an option price of $15 per share through the expiration date of January 1, 2026. The fair value of the options based upon an option-pricing model on January 1, 2020, is $12,000. The market price at year-end of Holiday Inc. stock is $15 per share on January 1, 2020, and $18 on December 31, 2020. The requisite service period is 3 years. The options were not exercised. Which of the following are true regarding the entry on January 1, 2026?
A.
No journal entry required
B.
Paid-in Capital—Stock Options would be credited for $9000
C.
Paid-in Capital—Stock Options would be credited for $12,000
D.
Paid-in Capital—Stock Expired would be credited for $12,000

Answers

Answer: The answer is Option D, paid-in Capital—Stock Expired would be credited for $12,000.

Explanation: Option D is Right, i.e. Stock option expired would be credited for $12,000. Whenever a share option is expired then it is requiring to make a journal entry to relabel the equity as expired stock options for the balance sheet purposes. This helps managers and investors understand that they won’t be issuing stock to the employee at a discounted price in the future. For this purpose, it is requiring to make entry that debit the stock option equity account and credit the expired stock option equity account.

Learners with a _____ learning style prefer reading, writing, and speaking. naturalistic logical/mathematical verbal/linguistic none of the above

Answers

Answer:

Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.

Explanation:

How to make your own website ?

Answers

Answer:

Use visual studio code

Explanation:

You want to then make HTML code and CSS code 2 different files that corillate together and you need a header, footer, main, functions is CSS etc

WILL GIVE BRAINLIEST
Refer to Figure 33-2. A decrease in taxes would move the economy from Q to

a) P in the short run and the long run
b) R in the short run and the long run
c) P in the short run and O in the long run
d) R in the short run and Q in the long run

Answers

I think that the answer would be A. I hope you forgive me if I am wrong

A decrease in taxes would move the economy from Q to P in the short run and O in the long run. Thus, option D is correct.

What is an economy?

Economics seems to be the science of how individuals and groups allot limited resource for output, allocation, and consumer. Both micro and macro are really the two subfields of economic. Performance in trade and producing is the main concern of finance.

This graph shows the change that has been taking a long with respect to the change in quantity or the change in price.

The following graph there is shown a change from the long run to short run. As the economy has decreased the amount of taxes. Therefore point Q will be shifted to point P which will be regarded as a short run time period. And in long run, it will be changed to o.

Therefore, option D is the correct option.

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Help help help please I need this done ASAP

Answers

It should be noted that cost-push inflation will bring about a scenario where the output level will reduce.

Your information is incomplete. Therefore, an overview of the topic will be given. Cost-push inflation simply means an inflation that occurs when the prices of goods increase as a result of the increase in the factors of production.

It should be noted that cost-push inflation will bring about a scenario where the output level will reduce. This implies that inflation accelerates due to a widening negative output gap.

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advantages of apron in points​

Answers

We all know aprons have numerous advantages as they can be worn for hygienic purposes by covering the front of the body. To prevent the inner clothes from dust, dirt, spills and debris during cooking, serving, cleaning or performing a creative task. Aprons protect your clothes and acts as a protective barrier.

• To keep clothes clean & tidy.
• For added protection from things like spills, food, dirt, germs, hazards, hair, chemicals, paint, art materials.
• To hold pens, tablets, tools of the trade in easily accessible pockets.
• As part of a uniform.
• For a professional look with branding.

Hope it helps <3
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Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results in the following costs: Direct materials $ 250,000 Direct labor $ 200,000 Variable manufacturing overhead $ 190,000 Fixed manufacturing overhead $ 120,000 Tide has received an offer from an outside supplier who is willing to provide the 30,000 units of the subcomponent each year at a price of $28 per unit. Tide knows that the facilities now being used to manufacture the subcomponent could be rented to another company for $80,000 per year if the subcomponent were purchased from the outside supplier. There would be no effect of this decision on the total fixed manufacturing overhead of the company. Assume that direct labor is a variable cost. At what price per unit charged by the outside supplier would Tide be indifferent between making or buying the subcomponent

Answers

An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.

Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit

Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units

Relevant cost per unit to make = $24

Hence, the  indifferent price is $24 per unit

Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.

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Help help pelsss I need to pass thanks I’ll give points for honestly

Answers

What is the scenario? You need that in order to answer.

Please help for this question

Answers

Answer:

task based maybe ?

Explanation:

if it's correct than mark me brainliest

U.S. Treasury bills are available for purchase this week at the following prices (based upon $100 par value) and with the indicated maturities:
a. $97.25, 182 days
b. $95.75, 270 days
c. $98.75, 91 days
Calculate the bank discount rate (DR) on each bill if it is held to maturity. What is the equivalent yield to maturity (sometimes called the bond-equivalent or coupon-equivalent yield) on each of these Treasury bills?

Answers

B I think .. sorry if wrong

Last year, Joan purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 25-year maturity. At the time of the purchase, it had an expected yield to maturity of 11.96%. If Joan sold
the bond today for $1,154.91, what rate of return would she have earned for the past year? Round your answer to two decimal places.

Answers

Joan's bond receivable has earned a 15.49% rate of return for the past year.

Data and Calculations:

Face value of the corporate bond = $1,000

Annual coupon rate = 11%

Maturity period = 25 years

Expected yield too maturity (YTM) = 11.96%

Current bond's price = $1,154.91

The rate of return earned since last year = 15.49% {($1,154.91 - $1,000)/$1,000}.

Thus, Joan's bond receivable has earned a 15.49% rate of return for the past year.

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What trick of trust describes why companies trying to sell you something will often use terms like 'limited edition' or 'limited time deal', or even put countdowns of time left or number of items left on the screen

Answers

The trust trick for making sales using terms like "limited edition" or putting countdowns of time and remaining items for an offer is called the scarcity technique.

Scarcity marketing can be understood as a way to activate psychological triggers to generate purchase desire in consumers through product shortages, as people tend to perceive limited quantities as more valuable.

This strategy to drive sales will be effective if it meets three criteria:

It is usefulIt is transferable between peopleIt has the potential to be possessed

Therefore, companies can gain significant advantages by implementing the scarcity technique, increasing sales and generating greater value for the consumer.

This strategy needs to be used sparingly so as not to create too much pressure on the consumer to make a purchase and not to generate an image of poor inventory management.

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7 thousand shares of treasury stock of Marker, Inc., previously acquired at $14 per share, are sold at $20 per share. The entry to record this transaction will include a

Answers

Based on the information given the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

Marker, Inc. Journal entry

Debit Cash $140,000

(7,000 shares×$20 per share)

Credit Treasury stock $98,000

(7,000 shares×$14 per share)

Credit Additional paid-in capital - treasury stock $42,000

[($20-$14)×7,000 shares]

(To record treasury stock)

Inconclusion the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

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Financial managers: Question 5 options: 1) play such an important organizational role that they often are called operations managers 2) focus on profit maximization 3) are not typically involved in long-term strategic planning 4) are simply a type of bookkeeper 5) are described by none of the above

Answers

It should be noted that financial managers play a vital role in an organization as they E. are described by none of the above.

Financial managers are responsible for the financial health of an organization. It should be noted that they produce financial reports and develop strategies that'll aid the financial growth of the company.

The three major function that's the financial manager plays include investment, dividend, and the financial decisions.

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You sell used cars. The best car on your lot has 100,000 miles on it. How could you describe this car to a prospective buyer to make the purchase more attractive

Answers

I would say “ This used car only has 100,000 miles on it, so it is quite the steal.” sorry if this isn’t right but I hope that helped

Which of the following government
debt instruments would be around 10
years (long term) in length?
A. bills
B. notes
C. bonds
D. mortgages

Answers

C. bonds

Hope this helps

Help help help help help help

Answers

Answer:

Pretty sure its A

Colgate-Palmolive Company has just paid an annual dividend of . Analysts are predicting dividends to grow by per year over the next five years. After​ then, Colgate's earnings are expected to grow per​ year, and its dividend payout rate will remain constant. If​ Colgate's equity cost of capital is per​ year, what price does the​ dividend-discount model predict Colgate stock should sell for​ today?

Answers

The amount of $97.85 is the price that​ dividend-discount model predict that Colgate stock should sell for​ today

Given Information

Current dividend (D0) = $1.59

   

Dividend payments for next five years includes:

D1 = 1.59 +0.18

D1 = 1.77

   

D2 = 1.77 +0.18

D2 = 1.95

D3 = 1.95 +0.18

D3 = 2.13

D4 = 2.13 +0.18

D4 =2.31

D5 = 2.31 +0.18

D5 =2.49

Year  Cash Flow         PVF at 8.1%        Present value

1            1.77                0.92506938        1.637372803    

2           1.95                0.855753358      1.668719048

3           2.13                0.791631229        1.686174517    

4           2.31                0.73231381           1.691644901    

5           2.49               0.677441082        1.686828295

Present value of Dividends                   8.3707

PV of remaining dividends in 5 year = D5 x (1+g)/(Ke-g))      

PV of remaining dividends in 5 year = 2.49(1+0.061)/(0.081-0.061)    

PV of remaining dividends in 5 year = $132.0945

Given that g=6.1%, ke=8.1%      

PV of remaining dividends in year = 0 = PV of the remaining dividends in year 5* 1/(1+0.081)^5

= 132.0945 * 1/(1+0.081)^5    

= $89.48624      

As per dividend-discount model, Colgate stock should sell for​ today = PV of Dividends till 5th year + PV of Remaining Dividend at t=0

= $89.48624 + $8.3707    

= $97.8531

= $97.85

Hence, the amount of $97.85 is the price that​ dividend-discount model predict that Colgate stock should sell for​ today.

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1. Briefly summarize the actions a firm can take to enhance the ethical behavior of its purchasing
personnel?

Answers

The actions which a firm can take to enhance the ethical behavior of its purchasing  personnel are:

Enforce strict compliance with rules and regulationsTake them on periodic trainings about ethicsGive out fines for employees who do not act ethically

According to the given question, we are asked to show the actions which a firm can take to enhance the ethical behavior of its purchasing  personnel

As a result of this, we can see that if a firm wants to improve the ethical behaviour, then they would have to make some rules and regulations with the guidelines on how best to use them so that the workers would always act in an ethical way such as being honest, faithful in their duties, etc

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