All categories

3 years ago

When new technology for the more efficient production of peanut butter was implemented, the supply curve for peanut butter

Business

2 answers:

xxMikexx [17]3 years ago

7 0

Answer:

Shifted to the right

Explanation:

Supply curve is the graphical representation of the relationship between the cost of goods and services and the quantity supplied.

On cost price reduction ,it shifts right but on reduction , it shifts to right.

When new technology is introduced to the production of peanut butter , there will be a reduction in the cost of production as that is one of the major benefits of new technology . Sequel to that is a reduced selling price and the customers will now be willing to buy more at the reduced price and a need for more production of the peanut butter will also arise.

MissTica3 years ago

4 0

When new technology for the more efficient production of peanut butter was implemented, the supply curve for peanut butter <span>shifted to the right. The correct option among all the options that are given in the question is the second option. I hope that this is the answer that has come to your help.</span>

You might be interested in

If the Potinsky household spends $37 comma 300 annually on all living expenses and long-term debt, calculate the amount recomm

Finger [1]

Answer:

$9,249 for three months, $18,498 for six months.

Explanation:

Experts recommend that an emergency fund should include 3 to 6 months of cash to provide for living expenses.

The Potinsky household spends $37,000 annually, therefore, it spends $3,083 monthly ($37,000 / 12).

For a three-month emergency fund = $3,083 x 3

= $9,249

For a six-month emergency fund = $3,083 x 6

= $18,498

8 0

3 years ago

Koffee, a brand of instant coffee, gives away a free coffee mug with its logo imprinted on it with every purchase of a 500g pack

galben [10]

Answer:

It is a sales promotion.

Explanation:

Sales promotion tool is used because of following factors:

a) It improve the sales for short term as it gives another reason to buy the product.

b) It is targeted toward brand switcher.

c) It encourage occasional buyer to make more purchases.

d) Increase new customer and brand loyalty.

e) Provide benefits to existing customer.

Koffee is also using sales promotion tool to get benefit in sales and Brand development.

5 0

3 years ago

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to a. making more than the customer wants or more than y

motikmotik

Answer:

d. not encouraging employee ideas or undermining their efforts.

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to not encouraging employee ideas or undermining their efforts.

6 0

3 years ago

Suppose gdp in this country is $800 million. enter the amount for government purchases. national income account value (millions

Bess [88]

Answer:

Therefore government purchases is $300 million

Explanation:

In this case, GDP is the sum of consumption, investment, and government purchases. To calculate the value of consumption we use the formula:

CC + II + GG = Y

GG = Y - CC - II

Where:

government purchases = GG

taxes minus transfer payments (TT) = $260 million

consumption (CC) = $300 million

investment (II) = $300 million

Y = country GDP = $800 million

GG = Y - CC - II

Substituting:

GG = $800 million - $300 milllion - $300 million

GG = $200 million

Therefore government purchases is $300 million

7 0

3 years ago

1. Find the derivative y' = dy/dx:

Lera25 [3.4K]

Answer:

you did the questions right . very good

4 0

2 years ago