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Vesnalui [34]
3 years ago
15

cientists have developed a bacteria that they believe will lower the freezing point of agricultural products. This innovation co

uld save farmers $1 billion a year in crops now lost to frost damage. If this technology becomes widely used, what will happen to the equilibrium price and quantity in, for example, the potato market?

Business
1 answer:
alex41 [277]3 years ago
5 0

Answer:

equilibrium price would fall and equilibrium quantity would increase

Explanation:

The discovery would reduce the amount of crops now lost to frost damage and increase the supply of crops e.g. potato.

As a result of the increase in supply, there would be an excess of supply over demand equilibrium price would fall and quantity would increase

Please check the attached image for a graph showing increase in supply

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Southern Printing Corp. produces high-end booklets for university graduations listing all the participating students at a given
Troyanec [42]

Answer:

Single period

Explanation:

In the case when the corporation wants to generate the high end booklets for the graduations that listed for the students who participated so here we use the single period inventory model for optimizing the booklet amount of an inventory that generated for each graduation as it is same to be considered and relevant

7 0
3 years ago
How would a strong U.S. dollar impact the trade of grain produced in the United States?
ira [324]
When a country has a strong currency, generally its export decreases - this is the answer to the first question.

Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.

now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "<span>The opportunity cost of producing milk is lower for Country A" is correct.</span>


6 0
3 years ago
The Constitution sets forth specific powers that can be exercised by the national government and provides that t national govern
g100num [7]

The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers under the Tenth Amendment, all other powers are expressly reserved to <u>the states</u>.

<u>Option: B</u>

<u>Explanation:</u>

The given points are showcasing the federal power, which act as rights within a federal government structure that are totally or conditionally excluded from the operation of each representative political entity. That is, either a local political entity can never practice such powers, or can do so only with the federal government's permission.

The United States' 10th Amendment Constitution interprets that the powers not granted by the Constitution to the United States, nor forbidden by it to the States, are secured for the States, or the individual, accordingly. This Amendment was adopted in 1791, incorporates Federalism's basic values in a parliamentary system of Government.

3 0
3 years ago
Backspace
Vilka [71]
Overtype it’s the only one that makes sense out of those choices
6 0
3 years ago
Personal Marketing Plan: SWOT Analysis
dybincka [34]

Answer:

Strengths that will most affect my ability to achieve the objectives I have Identified are:

Explanation:

  1. Ability to spot trends very early
  2. Ability to network with people easily. I have a very strong network across various industries of key decision-makers
  3. History with setting goals and achieving them
  4. Knowledge of Business Law. This enables me to make sound business decisions especially when closing deals and signing off on contracts
  5. Prior experience in the same industry

Cheers

3 0
3 years ago
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