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4 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]4 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.

MissTica4 years ago

4 0

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

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Which statement about portfolio diversification is correct?

mario62 [17]

Answer:

C. As more securities are added to a portfolio, total risk typically would be expected to fall at a decreasing rate.

Explanation:

Portfolio diversification gives more security to a portfolio, which expected to results in a decreasing rate of total risk.

The portfolio which is diversified carries the co-variance measure of risk. It has the property of reducing the risk as it diversifies the portfolio to a great extent.

It reduces the overall risk by diversifying the assets i.e. stock , bonds, commodities etc.

Hence, the most appropriate answer is option C.

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3 years ago

Hale Company sells merchandise on account for $1,000 to Long Company with credit terms of 2/10, n/30. Long Company returns $200

Vladimir79 [104]

Answer:

Amount of Check = $784

so correct option is a. $784

Explanation:

given data

Merchandise on account = $1,000

Long Company returns = $200

credit terms = 2/10

n/30

to find out

What is the amount of the check

solution

we know here that Total Merchandise will be

Total Merchandise = Merchandise on account - returns ....................1

Total Merchandise = $1000 - $200

Total Merchandise = $800

and

discount will be here

Discount = 0.02 × 800

returns = $16

Amount of Check will be as

Amount of Check = Total Merchandise - Discount ...................2

put here value

Amount of Check = Total Merchandise - Discount

Amount of Check = $800 - $16

Amount of Check = $784

so correct option is a. $784

7 0

3 years ago

Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning

yan [13]

Answer:

1. Adjusted net income = Ending inventory higher by amount * (1-Tax rate) = $70,000*(1-34%) = $70,000 * 66% = $46,200

Details Amount

Beginning retained earnings for the year 2017 $880,000

Add: Adjusted net income $46,200

Beginning adjusted retained earnings for year 2017 $926,200

2. Tax payable = Inventory * Tax rate = $70,000*34% = $23,800

Date Account Titles and Explanation Debit Credit

Inventory $70,000

Retained earnings $46,200

Tax payable $23,800

(To record adjustment of ending inventory)

6 0

3 years ago

Rosalie’s sales numbers have declined. The Marketing Director, Product Development Lead, and Sales Manager proceed to engage in

kykrilka [37]

Answer: environmental scanning

Explanation: In simple words, environmental scanning refers to the process in which an organisation tries to gather maximum information by an event and interpret its relationship with the external and internal environment of the entity.

This process in usually done by the top management for estimating future that if there will be any opportunities to grab or any threats to be concerned about.

Hence from the above we can conclude that the given case depicts environmental scanning.

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3 years ago

Both the agent and seller just signed the listing agreement. What must the licensee give to the seller now?

maw [93]

Answer:

Working with real estate agent brochure and agreement form.

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3 years ago