1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lostsunrise [7]
2 years ago
15

If increasing numbers of consumers decide to purchase organically farmed fruit rather than conventionally farmed fruit, how is t

he market likely to respond?
Business
1 answer:
galina1969 [7]2 years ago
3 0

If  increasing numbers of consumers decide to purchase organically farmed fruit rather than conventionally farmed fruit, how the market is likely to respond is: Conventional fruit profits will fall.

<h3>What is Conventionally farming?</h3>

Conventional farming can be defined as the process  of farming fruits and vegetables.

Based on the given scenario in a situation were high number of consumer bought organic farmed fruit instead of conventional farmed fruit, this means that profit for conventional fruit will declined.

Therefore  how the market is likely to respond is: Conventional fruit profits will fall.

Learn more about Conventionally farming here:brainly.com/question/2566678

#SPJ1

You might be interested in
Peking Palace Company reported the following: Standard quantity per unit 3 lbs. Standard price per pound $2.75 Actual pounds use
SCORPION-xisa [38]

Answer:

$577.5 favorable

Explanation:

Data provided in the question:

Standard quantity per unit 3 lbs

Standard price per pound = $2.75

Actual pounds used = 15,000 lbs

Actual price per pound = $2.90

Number of units produced = 5,070

Now,

The direct materials quantity variance is given as;

= | ( Actual quantity - Standard quantity ) | × Standard price

= ( 15,000 lbs - {Standard quantity per unit × units produced}) × $2.75

=  ( 15,000 lbs - { 3 × 5,070}) × $2.75

= | ( 15,000 lbs - 15,210 ) | × $2.75

= $577.5

Since,

Standard quantity is higher than the actual quantity

thus,

$577.5 favorable

7 0
3 years ago
Question 14 of 20
charle [14.2K]

Answer:

C

Explanation:

8 0
3 years ago
The actual variable cost of goods sold for a product was $140 per unit, while the planned variable cost of goods sold was $136 p
kozerog [31]

Answer:

$326,400 is the variable cost quantity factor while $56,000 is the unit cost factor

Explanation:

The variable cost quantity factor is a measure of the difference between the planned and actual units  multiplied by planned variable cost.  

That is Variable Cost quantity factor = (planned units  - actual units sold) x        planned variable cost

                                                            = (14000-2400) - 14000) x $136

                                                            = (11600 - 14000) x $136

                                                            =  -$326,400

Unit Cost factor = $(140 - 136) x 14000 units

                          =$56,000

3 0
3 years ago
Read 2 more answers
UESTION 7 You hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. The portfolio beta is equal to
PSYCHO15rus [73]

Answer:

New Beta = 1,17

Explanation:

Portfolio   #   Beta   NEW Beta  

$ 5.000          1  1,00   2,00  

$ 5.000         2  1,12   1,12  

$ 5.000         3  1,12   1,12  

$ 5.000         4  1,12   1,12  

$ 5.000         5  1,12   1,12  

$ 5.000         6  1,12   1,12  

$ 5.000         7  1,12   1,12  

$ 5.000         8  1,12   1,12  

$ 5.000         9  1,12   1,12  

$ 5.000        10  1,12   1,12  

$ 5.000        11  1,12   1,12  

$ 5.000        12  1,12   1,12  

$ 5.000        13  1,12   1,12  

$ 5.000        14  1,12   1,12  

$ 5.000        15  1,12   1,12  

$ 5.000        16  1,12   1,12  

$ 5.000        17  1,12   1,12  

$ 5.000        18  1,12   1,12  

$ 5.000        19  1,12   1,12  

$ 5.000        20  1,24   1,24  

$ 100.000           1,12   1,17  

5 0
3 years ago
An agreement that requires employees to settle disputes with their employer using arbitration instead of a lawsuit is known as
Reil [10]

Answer:

An arbitration agreement is a contract in which you and your employer agree that certain disputes will be decided in arbitration, not litigation. When you sign a binding arbitration agreement, you are giving up your right to go to court.

Explanation:

6 0
2 years ago
Other questions:
  • Hannah has been researching sales of garden supplies. She wants to show the pattern that sales follow over the course of a year.
    5·2 answers
  • Every source has at least some type of _____.
    9·2 answers
  • As a medium-sized grocery retailer, your marketing and merchandising teams find themselves at a constant disadvantage when negot
    14·1 answer
  • 2.5 If the nominal rate of interest is 4.25 percent and the expected rate of inflation is 1.75 percent, what is the real rate of
    12·1 answer
  • Catherine and Jacob have a written contract to buy and sell "100 cases of widgets." The 100 cases is a typo, so after signing th
    12·2 answers
  • A local university has a goal of raising $500,000 for an escrow account. Their fund-raising committee has committed to raising $
    12·1 answer
  • Which tool(s) of monetary policy would the Federal Reserve use if it wanted to increase the money supply?
    14·1 answer
  • Who is the preaident of India​
    7·1 answer
  • Question 4 of 10
    7·1 answer
  • Natural gas Group of answer choices used in automobiles produces more pollutants than gasoline. when burned in automobiles, prod
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!