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3 years ago

Suppose that in the price of corn feed used to raise pigs increases. what will happen in the market for bacon?

Business

2 answers:

tia_tia [17]3 years ago

6 0

Bacon would cost more since it would cost more to raise a pig

hjlf3 years ago

3 0

Answer: The price for bacon will increase.

Explanation:

If the cost of production or any factor of production such as labor, raw materials, equipment increases, the quantity that producers are willing to supply at a given price decreases and this will increase the price of finished products. From the question, The price of Bacon will skyrocket since the price of feeds used to feed the pigs are increased.

Because if the cost of production increase, prices will increase as well because the producers are spending more money to make that product.

They are spending more money than they usually do to feed the pigs, this will make them sell the pigs at a higher price and when those that makes bacons purchase at this high price, they will at a higher rate than they used to, to consumers.

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3 years ago

What happens to consumption and investment spending when the Federal Reserve decreases the money supply

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Answer: Consumption and investment spending decrease or falls.

Explanation:

When the Federal Reserve decreases the money supply, this will lead to a fall in the consumption and investment spending. This is a contractionary policy by the government which is typically used to curb inflation.

Since there's reduction in money supply, there'll be less money in circulation and hence, decrease in consumption and investment expenditure.

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4 years ago

20. Otto's Tune-Up Shop follows the revenue recognition principle. Otto services a car on August 31. The customer picks up the v

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Answer:

Option A-The revenue must be recognized on 31 August.

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3 years ago

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What is the best Honda dirt bike?

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Answer:

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3 years ago

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The great ideas for improving engagement on the website can be tried, EXCEPT Sponsoring a giveaway for a free pair of skis.

Instead of sponsoring a giveaway for a free pair of skis, your e-commerce site should employ integrated marketing.

<h3>What is integrated marketing?</h3>

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The advantages of integrated marketing include increasing:

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Thus, the great ideas for improving engagement on the website can be tried, EXCEPT Sponsoring a giveaway for a free pair of skis.

Learn more about integrated marketing at brainly.com/question/9696745

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2 years ago