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Eva8 [605]
3 years ago
13

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

Business
2 answers:
zaharov [31]3 years ago
7 0

Answer:

The correct answer is: shifted to the right.

Explanation:

The shift in the supply curve: changes in production costs and related factors can cause an entire supply curve to shift to the right or to the left. This causes a greater or lesser amount to be offered at different prices.

When a company discovers a new technology that allows it to produce at a lower cost, the supply curve also shifts to the right. For example, in the 1960s, a great scientific discovery called the Green Revolution focused on growing improved seeds for basic crops such as wheat and rice. In the early 1990s, more than two thirds of wheat and rice in many low-income countries were grown with these seeds of the Green Revolution, and the harvest was twice as large per hectare. A technological advance that reduces production costs will shift supply to the right, which will cause more to occur at different prices.

stellarik [79]3 years ago
5 0

Answer:

shifted to the right

Explanation:

the supply curve for peanut butter shifted to the right

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In an effort to save money for early retirement, an environmental engineer plans to deposit $1200 per month starting one month f
Aleks [24]

Answer:

$1,099,203.00

Explanation:

In this question we have to find out the future value that is shown in the attachment below:

Provided that

Present value = $0

Rate of interest = 8%  ÷ 2 = 4%

NPER = 25 years  × 2 = 50 years

PMT = $1,200 × 6 months = $7,200

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $1,099,203.00

8 0
3 years ago
When a "bubble" arises, asset prices are driven by:
Crazy boy [7]

Answer:

d. shifts in market psychology and successive waves of irrational exuberance.

Explanation:

Bubble in respect to financial market means an unexpected and non-explainable reason. This although the economists believes arises because of the emotional attachment and effects on an asset. As for example: when an asset is made using the specific raw material which is discovered to be precious in the terms it is ancient then, automatically the price of the asset increases in the market.

Thus, this is nothing but a market psychology that is basically an effect of emotional concerns of individual mindset, which is irrational.

This theory is explain by Keynesian the economists.

7 0
3 years ago
On January 1, 2021, Hage Corporation granted incentive stock options to purchase 18,000 of its common shares at $7 each. The opt
saveliy_v [14]

Answer:

104,000

Explanation:

The computation of diluted earnings per share for the quarter is shown below:-

Particulars                                                    Shares

Proceeds from exercise of options a         $126,000

(18,000 × $7)

Used to repurchase of common stock b    $14,000

( $126,000 ÷ $9)

Number of shares if option is exercised c  18,000

Less: Shares assume repurchased d           14,000

Potential Diluted common shares (e = c-d)  4,000

Add: Number of common shares f               100,000

Number of shares diluted earning per share 104,000

(e + f)

So, to reach the Number of shares diluted earning per share we simply add number of number of common shares with potential diluted common shares.

4 0
3 years ago
The performance evaluation error in which a manager gives an employee the same rating on all dimensions, even if his or her perf
Oksi-84 [34.3K]
This type of "easy way out" does a disservice to the employee, company and co-workers.
5 0
3 years ago
Refer to the following scenario to answer the following questions.
myrzilka [38]

Answer:

5 fishermen will choose to operate their boats as each of them will earn a profit of $150

Explanation:

Per boat operating cost = $500 per month.

Price of fish = $5 per pound.

There are 5 fishermen and each fishermen has 1 boat.

<u>For 1 boat</u>

Total revenue = Price * quantity = $5 * 200 = $1,000

Cost = $500

Profit = Total revenue - Cost = 1000 - 500

Profit = $500.

<u>For 2 boats</u>

Total Revenue of each boat = $5 * 190 = $950

Cost of each boat = $500

Profit of each boat = Total revenue - Cost = 950 - 500

Profit of each boat = $450.

<u>For 3 boats</u>

Total Revenue of each boat = 5 * 175 = $875

Cost of each boat = $500

Profit of each boat = TR - Cost = 875 - 500

Profit of each boat = $375

<u>For 4 boats</u>

Total Revenue of each boat = 5 * 155 = $775

Cost of each boat = $500

Profit of each boat = TR - Cost = 775 - 500

Profit of each boat = $275

<u>For 5 boats</u>

Total Revenue of each boat = 5 * 130 = $650

Cost of each boat = $500

Profit of each boat = TR - Cost = 650 - 500

Profit of each boat = $150.

Conclusion: As there are 5 fishermen and if all of them out on the river at the same time then each fisherman earns profit of $150. As all fishermen earns profit hence all of them will choose to operate their boats. Therefore, 5 fishermen will be ready to operate their boats.

5 0
3 years ago
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