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umka21 [38]
1 year ago
7

A drought in California destroys many red grapes. As a result of the drought, the consumer surplus in the market for red grapes

Select one: a. increases, and the consumer surplus in the market for red wine increases. b. increases, and the consumer surplus in the market for red wine decreases. c. decreases, and the consumer surplus in the market for red wine increases. d. decreases, and the consumer surplus in the market for red wine decreases.
Business
1 answer:
Ira Lisetskai [31]1 year ago
4 0

Answer:

B

Explanation:

because if you raise it high enough you can get less people to buy seen it in a lot of places

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A customer, age 51, has a 20 year investment time horizon, a moderate risk tolerance, and is looking for investments that provid
Thepotemich [5.8K]

Answer:

large capitalization growth stocks

Explanation:

Out of the four possible options, large capitalization growth stocks are the only option that provides potential growth and receives income from dividends.

Money market instruments are extremely safe investments, but they yield a very low return. This type of investment is suitable for investors that wish to preserve their capital.

Mutual funds is not a very specific answer, since it can apply to several types of investments.

Bonds only provide income, but they do not provide growth (fixed coupon rate).

5 0
1 year ago
Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Variable cost is 35% of the sales price; con
Maksim231197 [3]

Answer:

=$246,000

Explanation:

Intended sales 3500 units

Selling price =$60

variable costs 35% of sales price is 35/100 x 60= $21

Contribution margin is 65% of sales price = 65/100 x 60 = $39

Fixed costs =$78,000

Sales revenue to make $81,900 will be

operating income = total contribution margin -Fixed costs

$81,900 = TCM - $78,000

TCM = $81,900 +78,000

TCM= 159,900

TCM is a product of contribution margins and sales units

159,900 =$39 x sales units

sales units = 159,000/ $39

sales units = 4,100

sales revenue = sales units x selling price

=$60 X 4100

=$246,000

4 0
1 year ago
Joel was recently hired as a police officer in his city's police department. As part of employee training, his supervisor trains
Assoli18 [71]

Answer:

On-the job training.

Explanation:

This is explained to be normal emphasized training that working staffs are seen to undergo; especially newly employed staffs, which is a direct training while doing the actual job they are been hired or paid for. A a good and reasonable trainee in this aspect is seen to be appreciative when given this chance to develop knowledge and skills without ever leaving work. In this employee training format, employees are seen to receive your workplace needs, norms, and culture and familiarize with them. Internal job training and employee development bring a special plus. This is why in the scenario above, Joel's supervisor trains him off-site on the use of firearms.

3 0
1 year ago
Given a prior forecast demand value of 1,100, a related actual demand value of 1,000, and a smoothing constant alpha of 0.3, wha
Korvikt [17]

Answer:

1,030

Explanation:

Calculation for what is the exponential smoothing forecast value

Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)

Exponential smoothing forecast value = 1,000 + 0.3 x (100)

Exponential smoothing forecast value = 1,000 + 30

Exponential smoothing forecast value= 1,030

Therefore the exponential smoothing forecast value will be 1,030

5 0
2 years ago
A hot dog vendor sells an average of 50 hot dogs during a Little League baseball game. If the sales are Normally distributed wit
Kobotan [32]

Answer:

74.64%

Explanation:

Average sales (μ) = 50 hot dogs

Standard deviation (σ) = 7 hot dogs

In a normal distribution, the z-score for any given number of hot dogs sold, X, is determined by:

z=\frac{X-\mu}{\sigma}

For X = 45 hot dogs:

z=\frac{45-50}{7}\\ z= -0.7143

For X = 65 hot dogs:

z=\frac{65-50}{7}\\ z= 2.1429

A z-score of -0.7143 falls in the 23.75th percentile of a normal distribution while a z-score of 2.1429 falls in the 98.39th percentile.

Therefore, the probability that he vendor will sell between 45 and 65 hot dogs is:

P(45 \leq X \leq 65) = 98.39-23.75\\P(45 \leq X \leq 65) = 74.64\%

5 0
1 year ago
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