Answer:
The total revenue for barley producers will increase because the price effect is greater than the quantity effect.
Correct option is D. increase; price; quantity
Explanation:
Price effect (which is the impact that a change has on prices) in the scenario above is greater than Quantity effect (a reduction in commodities sold after an increase in price).
Since breweries still buy below the percentage of the Price effect, the revenue of barley sellers will continue to increase.
However, the revenue will start to decrease when the quantity effect exceeds the price effect.
Answer:
baka as in idiot or like something else
Explanation:
Answer:
Department 1 - $27,500
Department 2 - $50,000
Department 3 - $22,500
Explanation:
The cost to be allocated to each department is proportional to the sales generated by each department. In other words, as the sales increases so does the cost in a direct proportion manner.
Total sales = $220,000 + $400,000 + $180,000
= $800,000
Advertising cost allocated to
Department 1
= (220,000/800,000) * $100,000
= $27,500
Department 2
= (400,000/800,000) * $100,000
= $50,000
Department 3
= (180,000/800,000) * $100,000
= $22,500
Answer:
B) South Korea
Explanation:
Even without reading Chapter 9, it is easy to answer the question, South Korea is one of the most successful examples of government sponsored industrial policy. Before the Korean war both Koreas were extremely poor nations, among the poorest in the world. After the war the new government of South Korea sponsored an industrial policy which turned the country into a developed nation with a strong GDP per capita, widespread access to higher education and quality health care, high life expectancy and low infant mortality rate.
