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
kodGreya [7K]
1 year ago
7

Refer to the above diagram of the market for corn. If the price in this market is $2 per bushel, then there will be? (The graph

and answer choices are in the picture below)
a shortage of 8 thousand bushels.
a shortage of 4 thousand bushels.
a surplus of 12 thousand bushels.
a surplus of 8 thousand bushels.

Business
1 answer:
lord [1]1 year ago
6 0

Using the diagram of the market for corn. If the price in this market is $2 per bushel, then there will be option A: a shortage of 8 thousand bushels.

<h3>What is the issue of the quantity demanded about?</h3>

Based on the image attached,  12 thousand bushels are being wanted at this price of  $2 per bushel, while 4 thousand bushels are being delivered.

These figures are also shown in the image above. Now when you contrast the quantity given and sought at this pricing. The quantity supplied (12) lower than the quantity demanded (4). Or, to put it another way, the quantity that producers want to sell is lower than the quantity that customers want to purchase.

Therefore, Since Qd > Qs, we refer to this as an excess demand scenario or shortage.

Hence, 12 - 4 = 8

So there is a a shortage of 8 thousand bushels in quantity supplied.

Learn more about quantity demand from

brainly.com/question/1245771

#SPJ4

You might be interested in
A company estimates that the appropriate discount rate (i.e., the cost of capital) for Project A, Project B, Project C and Proje
aliina [53]

Answer:

a. Project A requires an up-front expenditure of $1,000,000 and generates a net present value of $3,200.

Explanation:

a.

The company should accept project A because it provides a positive net present value of $3,200 that is the highest among all the projects.

b.

When the IRR of a project is lower than the required rate of return of the project, it will generate the negative net present value because at IRR the net present value of the project will be zero and at a higher rate than IRR it will be negative.

c.

The project with a profitability index of less than 1 generates a negative NPV because the present value of future cash flows is less than the initial cash outflow.

d.

Project D also generates a positive net present value but it is lower than project A. So, after comparing the results we will choose the project with higher NPV.

4 0
3 years ago
Roland is filing his federal income tax return with the 1040ez form, and he received two w-2 forms. on one, $2620 in federal inc
seropon [69]
3890 is your answer if its apex
5 0
3 years ago
Read 2 more answers
You talk to Kenji, the Japanese manager of the Swedish plant. He says the workers are uncooperative and do not carry out the ins
Oliga [24]

Answer:

Explanation: Cultural differences can affect the workplace and how employees cooperate. In a business it is crucial to determine employers and employees' cultural differences to decipher how these differences can be incorporated into the work place so that everyone can operate cohesively.

So it is important to take the best choice and investigate this situation further. Before forming an opinion, make sure you have viewed everyone's perspective. Try and figure out why the workers are disobeying Kenji's orders, but also determine why Kenji has such a dominating and unreadable personality.

It is important to note that Sweden is a low - context culture. This means that Swedish people communicate information in explicit and direct ways. Facial expressions, gesture and other forms of non verbal communication aren't heavily used or taken into consideration when communicating, and people often communicate verbally only, to get taken their points across. Japan however is a high context culture and relies on non - verbal cues such as traditions and context to communicate information.

Because of the different cultural contrasts Kenji should consider providing more clearer, more verbal (and less ambiguous) instructions to his employees so that communication is better understood by all the parties involved.

4 0
3 years ago
Activity-Based Product Costing
nikklg [1K]

no matteehow much times i read this is still cant process this

5 0
2 years ago
Furs unlimited is using a combination of advertising and personal selling to increase the sales of its fur coats. this activity
My name is Ann [436]

Answer: C. Promotion

Explanation:

Furs unlimited needs to use the technique of marketing mix called promotion, to give more exposure to their products then get more popular that should result in a incrementation of their sales. The purpose of the promotion is also to capture the customer to obtain brand loyalty.

7 0
3 years ago
Other questions:
  • Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $0.65 at the end of the year. Its div
    15·1 answer
  • In what order should tasks in the writing process be completed
    10·1 answer
  • Business-to-business (B2B) _____ refers to dividing the market based on the characteristics of buyers.
    13·1 answer
  • During its first month of operations in March, Volz Cleaning, Inc., completed six transactions with the dollar effects indicated
    13·1 answer
  • The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of __________________.
    5·1 answer
  • Mary Delany, owner of Delany Salsas, is curious to know whether the new packaging for her line of salsas is being noticed by sup
    7·1 answer
  • Norman Dowd owns his own taxi, for which he bought a $11,400 permit to operate two years ago. Mr. Dowd earns $34,200 a year oper
    15·1 answer
  • Journalize the entries to record the following selected bond investment transactions for Hall Trust (refer to the Chart of Accou
    9·1 answer
  • If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
    13·1 answer
  • Toyota marketed its RAV4 hybrid model to a distinct segment of consumers as an adventurous, sporty hybrid that stands out as bei
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!