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
ikadub [295]
4 years ago
14

Why was money scarce when crops produced a good profit? savestylesformat instructions?

Business
1 answer:
Zolol [24]4 years ago
5 0
<span>Although a profitable surplus of products was maintained, money was as scarce in the colonies as it was in England. Whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods. This produced an environment where money was scarce even despite the decent profit earned from crops.</span>
You might be interested in
You go to the movieplex where movies ordinarily cost $10. you are intending to see a movie for which you have a $3 off coupon go
Nata [24]
Well, you couldn't use the coupon because its only for that one specific movie you were gonna see and since its at the same time as the new release, you couldn't reuse the coupon. If you do go with your friend, Its $10 a person. If you're paying for both of you, it would be $20. If you are paying for yourself, its just $10. If your friend has a coupon like you had (but for the new release and same time) then it would be $17 total if you paid for both tickets. Hope this helps :) 
6 0
4 years ago
Newton Company currently produces and sells 7,000 units of a product that has a contribution margin of $5 per unit. The company
mart [117]

Answer:

selling price= $25

Explanation:

Giving the following information:

Fixed costs= $78,000

Unitary variable cost= $11

Desited profit= $90,000

Break-even point in units= 12,000

<u>To calculate the selling price, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

12,000= (78,000 + 90,000) / (selling price - 11)

12,000*selling price - 132,000 = 168,000

12,000selling price = 300,000

selling price= $25

8 0
4 years ago
What health insurance does statefarm offer employees
frosja888 [35]

Answer:

a lot

Explanation:

7 0
2 years ago
What is cosideration
gizmo_the_mogwai [7]

he exchange of money and the receipt of the item is mutual consideration for the transaction. In every single agreement, there must be consideration in order for the agreement to be legally binding; it is a critical part of contract formation. ... In other words, each person in a contract must promise to do something.

4 0
4 years ago
Cash cows are typically found in the _________ stage of the industry life cycle.
barxatty [35]

Cash cows are typically found in the Maturity stage of the industry life cycle.

What is industry life cycle?

A business or industry's development based on its stages of growth and decline is referred to as going through its industrial life cycle. The four stages of an industry's life cycle are introduction, growth, maturity, and decline.

How is the industry life cycle used?

An industry's life cycle has four phases: expansion, peak, contraction, and trough. Where a firm is in the cycle will be determined by the analyst, who will then utilize this knowledge to forecast future financial performance and calculate forward valuations (e.g., forward price-earnings ratios).

Why is industry life cycle important?

You can learn vital information from industry cycles about supply networks, corporate strategy, and earnings as well as growth possibilities, opportunities, and obstacles. The business cycle has an impact on both firm strategy and earnings.

Learn more about industry life cycle: brainly.com/question/28072264

#SPJ4

6 0
1 year ago
Other questions:
  • Individual credit card balances for a decedent are listed on which schedule of form 706?
    7·1 answer
  • When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or Multiple Choi
    15·1 answer
  • When the parties to a contract express their agreement in a writing that is deemed an "integration" of their agreement, how will
    14·1 answer
  • a. What are the determinants of demand? Instructions: Click the box with a check mark for correct or click a second time to clea
    12·2 answers
  • How can you find the lenders and servicers for your federal loans?
    14·1 answer
  • If the Federal Reserve increases the interest rate paid on reserves, banks will tend to hold _____ excess reserves, which will _
    15·1 answer
  • Max worked 48 hours last week. What is his gross pay for the week if his regular hourly pay is 13.50
    8·1 answer
  • Consider the following two stocks, A and B. Stock A has an expected return of 10% and a beta of 1.20. Stock B has an expected re
    7·1 answer
  • When planning the project, it is important to
    11·1 answer
  • Leach Inc. experienced the following events for the first two years of its operations: 2016:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!