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jok3333 [9.3K]
2 years ago
13

2. [5 pts] Consider the following events: Scientists reveal that eating oranges decreases the risk of diabetes, and at the same

time, farmers use a new fertilizer that makes orange trees produce more oranges. Illustrate and explain what effect these changes have on the equilibrium price and quantity of oranges.

Business
1 answer:
REY [17]2 years ago
8 0

Answer:

there would be a rise in equilibrium quantity and an indeterminate effect on equilibrium price

Explanation:

as a result of the scientists revelation, the demand for oranges would increase and so would the price.

as a result of the new fertilisers been used, the supply of oranges would rise and price would fall.

taking these two occurrences together, there would be a rise in equilibrium quantity and an indeterminate effect on equilibrium price

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The Greenback Store’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40 and fixed costs of
velikii [3]

Answer:

Cost structure:

\left[\begin{array}{ccc}&$greenback&$one-Mart\\$sales&480,000&480,000\\$variable cost&288,000&144,000\\$contribtuion&192,000&336,000\\$fixed&100,800&244,800\\$operating&91,200&91,200\\\end{array}\right]

a 10% increase in sales generates increase in profits for:

greenback: 19,200

one-Mart:   33,600

Explanation:

10 increase in sales:

480,000 x 10% = 48,000

to calcualte the increase in profit, we multiply the increase in sales by the contribution margin:

greenback 48,000 x 0.4 =  19,200

one-Mart 48,000 x0.7 = 33,600

8 0
2 years ago
Basic finance.After combing through the data, you have noticed that firms hiring Fishergraduates earn average abnormal returns o
Ulleksa [173]

Answer: (2) invest $1,000 in each of ten companies that have justhired Fisher graduates

Explanation:

This is the better option because if you invest all the money into one company, you stand a chance of losing all your money should the company fail.

It is better to invest in 10 companies that hired Fisher graduates. Why?

Diversification.

Diversification is investing in multiple investment vehicles to hedge your investments and ensure that you do not lose it all if one or a few investment go awry. By investing in 10 companies, you would be practicing diversification which would ensure that you do not lose it all on 1 company.

You also stand a chance to make more profit if a couple of those companies outperform your estimates.

Please do react or comment if you need any clarification or if the question was right so that you may help the next person. Thank you.

4 0
2 years ago
John noticed that Steve was fidgeting during their meeting. Because of this, John began to doubt Steven's interest in the inform
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Non-verbal communication
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2 years ago
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Whether a candidate has high emotional intelligence would be a significant factor when considering a candidate for the job of a(
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Answer:

e. event planner who needs to coordinate with several people

Explanation:

Based on the information provided within the question I can say that out of all the answers provided the only one that needs emotional intelligence is an event planner who needs to coordinate with several people. This is because having emotional intelligence means being able to express your emotions as well as handle various relationships in a very empathetic manner. Event planners need to have a high level of emotional intelligence because they need to know what their clients want and how certain things make them feel in order to plan the best event for them.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
2 years ago
Stacey and her husband David have a joint savings account that earns 3.5% interest payable continuously and has a current balanc
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Answer:

$837.82

Explanation:

Check attached file

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