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
weeeeeb [17]
3 years ago
9

Suppose that the organic-produce industry is composed of a large number of small firms. In recent

Business
1 answer:
masha68 [24]3 years ago
3 0

Answer:

The correct answer is option d.

Explanation:

An industry is comprised of a large number of small firms.  

Because of losses, many firms have left the industry.  

This will cause the industry supply to decline.  

The industry supply curve will move to the left.  

The new supply curve will intersect the demand curve at a higher point.

This leftward shift in the supply curve will cause the equilibrium price to increase and equilibrium quantity to decline.

You might be interested in
Muscat Sayarati Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours . T
wariber [46]

Answer:

$810

Explanation:

Calculation to determine cost for Job G828

Estimated total manufacturing overhead cost = $525,000 + ($6.00× 35,000) = 315,000

Predetermined overhead rate = $315,000 ÷ 35,000 = $9

Overhead applied to a particular job = $9×90 = $810.

8 0
3 years ago
The value of all final goods and services produced within a country is termed its __________.
Fed [463]
<span>This is called the gross domestic product. This is the value of all of the goods and services produced in a country in one year. Only legally sold goods are included in the gross domestic product. No illegal products or services are counted.</span>
6 0
3 years ago
The actions that top executives should take to lead the strategy execution process include Multiple select question. rewarding e
Free_Kalibri [48]

Answer:

helping employees execute strategy successfully.

knowing what's going on at all levels of the organization.

making sure results are strategy-oriented.

Explanation:

The actions where the top executives result in the strategy execution process  involves the employees for helping to execute the strategy in a successful manner. Also we are aware what things are going on at all levels i.e. top, middle and bottom. In addition to this, the results that comes should be strategy-orinted

Therefore the above 3 statements should be considered

3 0
2 years ago
What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production
Maslowich
Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects. 
5 0
3 years ago
In a transaction that is subject to a licensee buyout agreement, if the buyer defaults the seller may:
vagabundo [1.1K]

Answer:

<em>Sue the buyer for specific performance</em>

Explanation:

<em>In a licensee buyout addendum to a contract to buy and sell real estate, "Liquidated losses" (buyer lose earnest money) is omitted.</em>

If the buyer / broker gets cold feet, the cure is Specific Performance meaning the seller may sue for damages and compel the agent to purchase them.

8 0
3 years ago
Other questions:
  • As you read this scenario, think about the effects of reducing trade regulations.
    6·2 answers
  • A bank in​ Austin, Texas, has allowed its state banking​ license, under which it had been regulated by the Federal Deposit Insur
    10·1 answer
  • Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,
    12·1 answer
  • The U.S. GAAP Financial Reporting Taxonomy is an electronic dictionary of business reporting elements used to report ________.
    5·1 answer
  • Contribution Margin and Contribution Margin Ratio
    11·1 answer
  • The June 1 work in process inventory consisted of 5,000 units with $16,000 in materials cost and $12,000 in conversion cost. The
    12·1 answer
  • Product recall is an example of: Select one: a. prevention costs b. appraisal costs c. internal failure costs d. external failur
    12·1 answer
  • Bucknum Boys, Inc., produces hunting gear for buck hunting. The company’s main production departments are Molding and Finishing.
    13·1 answer
  • Veronica is feeling stressed and has asked her manager if there are any supportive practices available to help her. Her manager
    12·1 answer
  • T or F #7 QUICK
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!