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neonofarm [45]
3 years ago
12

Suppose the price of cherries decreases at the same time Mrs. Smith’s introduces a new and better-tasting cherry pie that consum

ers love. How will these changes impact the quantity and price levels in the market for cherry pies? Quantity / Price Increase / Indeterminate Increase / Decrease Indeterminate / Decrease Decrease / Increase Decrease / Indeterminate
Business
1 answer:
navik [9.2K]3 years ago
3 0

Answer:

Decrease / Indeterminate

Explanation:

In this scenario the price of cherries is lower so she can buy more to make pies. This increases the quantity she can produce.

The new type of cherry pie that consumers like will increase the demand for it, so this also causes increase in quantity of cherry pies.

With regards to the price we cannot determine if it will rise of decrease.

Normally as quantity demanded for product increases the price will also increase. This allows the seller make more product.

On the other hand a major input that is cherries has decreased in price. So cost of production is lower. This should result in lower price of cherry pies.

You might be interested in
what tax software program do you feel would be your best choice today and why do you think it is the best? ​
Fynjy0 [20]

Answer:

Turbotax

Explanation:

it's easy to use especially for first timers.

6 0
2 years ago
Sabrina Duncan had gross earnings for the pay period ending 10/15/16 of $5,835. Her total gross earnings as of 9/30/16 were $104
ivann1987 [24]

Answer:

option (A) $212.97

Explanation:

Data provided in the question:

Gross earnings for the pay period ending 10/15/16 = $5,835

Total gross earnings as of 9/30/16 = $104,400

Social Security tax rate = 6.2%

Now,

Total earnings

= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16

=  $5,835 + $104,400

= $110,235

since,The Social Security taxes are on a maximum earnings of $106,800 per year

therefore,

Sabrina's Social Security withheld from her 10/15/16 paycheck will be

= ( Total earnings - $106,800 ) × Social Security tax rate

= ( $110,235 - $106,800 ) × 0.062

= $3,435 × 0.062

= $212.97

Hence,

The answer is option (A) $212.97

7 0
3 years ago
Barbara is the manager at a sports arena that draws an average of 2,700 patrons per event. each ticket taker can process 125 eve
liberstina [14]
Average patrons per event = 2,700

Number of event goers a ticket taker can process = 125

Therefore number of ticket takers that need hiring = 2700 ÷ 125 = 21.6 = 22 ticket takers
6 0
3 years ago
Read 2 more answers
Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. T
Anit [1.1K]

Answer:

Invalid

Explanation:

Since it is stated in the will, that upon his death should the assets be transferred, it means that Silvia doesn't get anything until Mr Jacob ceases to be alive.

With the new development as regards Mr Jacob living for 6 more months before dying, Silvia has no assets yet and as such cannot transfer anything to Jacob Jnr.

Cheers

8 0
3 years ago
Define the mergers and acquisitions of Tesla and define what has the company gained?
Phoenix [80]
Tesla has made 6 acquisitions and 2 investments. The company has spent over $ 2.82B for the acquisitions. Tesla has invested in multiple sectors such as Energy Storage Tech, Autonomous Vehicles and more.

It confirms that Hibar and Deepscale were relatively small acquisitions for Tesla.

Deepscale appears to be mostly what some people call “acqui-hire,” and the people who join Tesla probably got a bunch of shares.

As for Maxwell, which was a $207 million acquisition, and Hibar, which had to be less than $96 million, I think those two acquisitions combined is a somewhat inexpensive way to supercharge their now obvious move into manufacturing their own battery cells.

Again, we expect to hear more about Tesla’s effort to invest heavily into its own battery cell production in the next few months.

Tesla has acquired 6 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Tesla’s largest acquisition to date was in 2016, when it acquired SolarCity for $2.6B. Tesla has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include machinery (34%) and automotive (17%).

Join Mergr and gain access to Tesla’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the automotive sector.

M&A SUMMARY
M&A Total Activity6
M&A Buy Activity6
Total Sectors Invested 5
Total Countries Invested 2
M&A Buy/Sell Connections 2
M&A Advisors 1

5 0
2 years ago
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