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
yulyashka [42]
3 years ago
12

How can the price of baseball bats be affected by the demand for paper

Business
1 answer:
andrey2020 [161]3 years ago
3 0

Answer:

- Higher demand for paper, less wood for bats, the higher price of bats, OR less supply of bats.(have to pay a higher price for wood, and if price doesn't change, they have to make less).

- Higher demand for cheese, cows kept alive, leather is scarce, the higher price of mitts. (less supply because more of the resource is allocated to the milk instead of the leather).

Explanation:

The baseball bats, as well as, paper both, are made employing the resources generated from wood resources. Similarly, the catcher's mitts and cheese are made using the cows as the resource. If two products are made employing similar resources, an increase in the price of one leads to an increase in the other as well. This occurs primarily due to the fact that if the price of the first good increases, the producer of that good is likely to pay more to get the resource and sell the good at a higher price later. Thus, the other producer will either buy less and produce less or spend more to get the resource as per his need.

You might be interested in
Yoonie is a personnel manager in a large corporation. each month she must review 16 of the employees. from past experience, she
Inga [223]

Answer:

Sample size is 16

Mean 4

Standard deviation of the sample is 0.3.

Explanation

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, a large sample size can be approximated to a normal distribution with mean \mu and standard deviation \frac{\sigma}{\sqrt{n}}.

In this problem, we have that:

The population has a mean of four hours, with a standard deviation of 1.2 hours. The sample is the 16 of the employees.

So

The sample size is 16, so n = 16

The mean of the sample is the same as the population mean, so \mu = 4.

The standard deviation of the sample is s = \frac{\sigma}{\sqrt{n}} = \frac{1.2}{4} = 0.3

4 0
3 years ago
7. Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that t
ser-zykov [4K]

Answer:

$17,500

Explanation:

Given that,

Actual factory overhead for the year = $1,375,000

Estimated overhead = $1,250,000

Estimated machine hour = 50,000

Total machine hours for the year = 54,300

Predetermined rate per hour:

= Estimated overhead ÷ Estimated machine hour

= $1,250,000 ÷ 50,000

= $25 per hour

Applied overhead:

= Predetermined rate per hour × Total machine hours

= $25 × 54,300

= $1,357,500

Therefore, the under-applied amount for the year:

= Actual factory overhead - Applied overhead

= $1,375,000 - $1,357,500

= $17,500

4 0
3 years ago
What should you enter in a cell to find the difference between 9 and 5?
sashaice [31]

= (9-5)

When you hit enter, it will give you the value of 4.

4 0
3 years ago
Read 2 more answers
Jared purchased a 10-year $100 par value bond with semiannual coupons at a nominal annual rate of 5% convertible semiannually an
inysia [295]

Answer:

a) The book value of the bond immediately after the 4th coupon:

It is the ending of the period book value from the for the fourth period above schedule = $93.72.

b) Accumulation of the discount in the 6th coupon:

It is the sum of principal portion for period 1 to 6 = 0.28 + 0.29 + 0.29 +0.30 + 0.31 + 0.32 = $1.79

c) Interest portion of the 8th coupon:

It is the interest portion for the 8th period = $2.84.

Explanation:

DEtailed solution is attached below:

6 0
3 years ago
Decision on Accepting Additional Business Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current producti
Neko [114]

Answer and Explanation:

The preparation of the differential analysis is presented below:

Particulars  Order rejected (Alternative 1) order accepted  (Alternative 2) Differential Effect on Income (Alternative 2)

Revenues         $0                                              $576,000     $576,000

                                                                       ($18,000 × $32)

Costs    

Variable Manufacturing Costs $0                   $522,000 -$522,000

                                                                       ($18,000 × $29)

Income (Loss)        $0                                            $54,000    $54,000

We simply deduct the variable manufacturing cost from the revenues so that the income or loss could come

5 0
3 years ago
Other questions:
  • Which of the following is a primary cause of LO/TO accidents?
    10·2 answers
  • The employees of Carlofen, a cell phone manufacturer, raised a concern to their management about their poor pay and excess workl
    11·2 answers
  • Bank of America customers select their own three- digit personal identification number (PIN) for use at ATMs.
    13·1 answer
  • When a firm produces 50,000 units of output, its total cost equals $6.5 million. When it increases its production to 70,000 unit
    12·1 answer
  • _____ affects the perceptual process because employees are more likely to remember information that is consistent with their sel
    9·1 answer
  • Michael Peters is a middle-aged professional who lost his job five months ago when his former employer downsized. He’s been ac
    7·1 answer
  • Bond issuance: 20% of total funds, requires 15% interest per year Bank loan: 60% of total funds, requires 9.5% interest per year
    13·1 answer
  • Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can
    5·1 answer
  • Which of the following is the best example of a good?
    9·1 answer
  • identify each of the following expenditures as chargeable to land, land improvements, buildings, machinery and equipment, or oth
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!