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Nutka1998 [239]
3 years ago
14

During the 1990s positive technological change in the production of chicken caused the price of chicken to fall. Holding everyth

ing else​ constant, how would this affect the market for pork​ (a substitute for​ chicken)?
Business
1 answer:
Harman [31]3 years ago
7 0

Answer:

The market for pork would fall because a close substitute, chicken, is now less expensive, thus, people have less incentive to buy pork because they can buy chicken instead.

In other words, demand for pork fell because supply for chicken grew, chicken became cheaper, and part of the demand that was for pork before, transferred to chicken.

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Item 8 In a movie's opening weekend, 879,575 tickets are sold in 755 theaters. The average cost of a ticket is $9.50. What is th
Digiron [165]

Answer:

the average amount of money is 1,165

Explanation:

The computation of the average amount of money i.e. earned by each theater is shown below:

= Total number of tickets sold ÷ number of theaters

where,

The Total number of tickets sold is 879,575

And, the number of theaters is 755

Now place these values to the above formula

So, the average amount of money is

= $879,575 ÷ 755

= 1,165

hence, the average amount of money is 1,165

4 0
3 years ago
What are the best and worst parts of working in international business?
Natasha2012 [34]
Having to deliver is one bad having wider variety or costumers is a good language change witch could cost to have a translator
7 0
3 years ago
Countess Corp. is expected to pay an annual dividend of $4.57 on its common stock in one year. The current stock price is $73.59
Serjik [45]

Answer:

The cost of equity is 9.91%

Explanation:

The constant growth model of the DDM is used to calculate the price of the share or the fair value per share based on a constant growth in dividends and the required rate of return which is also known as cost of equity.

Plugging in the available values in the formual we can calculate the cost of equity or the required rate of return.

73.59 = 4.57 / (r - 0.037)

73.59 * (r - 0.037) = 4.57

73.59r - 2.72283 = 4.57

73.59r = 4.57 + 2.72283

r = 7.29283 / 73.59

r = 0.0991 or 9.91%

3 0
3 years ago
Read 2 more answers
High school is referred to as _____ education.
Vanyuwa [196]

Answer:

secondary

Explanation:

as 10 class is rrferred to as secondary education

plz folliw me

3 0
3 years ago
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Read the scenario, and answer the questions. You are a project manager for a specialty sports equipment manufacturer. A critical
GarryVolchara [31]

Answer:

Mentally outline your conversation

Explanation:

Since in the question it is mentioned that Gwen who is in a design team is unprofessional and even rude to her coworkers. Due to this, she missed two deadlines. Now you have to address this problem so here the first step is to outline your conversation in a mental way so that the chances of solving the problem is high

Therefore the same is to be considered

3 0
3 years ago
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