Explanation:
Classifying of each situation with the correct combination of change in price and quantity:
a. On a hot day, both demand for lemonade and supply of lemonade increase - Pp? Q increase
b. On a cold day, both demand for ice cream and the supply of ice cream decrease - Pp? Q decrease
c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases- P increase Qq?
d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster - P decrease Qq?
Answer:
the entire supply chain (hope this helps) pls i need one more brainly to rank up
The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.
Incremental cost simply means the total cost that's incurred as a result of an additional unit of product that is being produced.
It's simply calculated by analyzing the additional expenses that were spent by the company. They are the cost for materials, overhead, and labor that are associated with the actual closing process.
Learn more about costs on:
brainly.com/question/24516871
Answer:
None of the multiple choices is correct. The correct answer should be: "Business profit will increase by $12,000 per year"
Explanation:
$12,000 per year is the rental rate.
If his Uncle Fred gives him the building, George will not pay the rental fee. Thus, the business profit will increase by $12,000 per year.
If we consider about the economic profit or implicit cost, it will not change.