All categories

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.

You might be interested in

As a medium-sized grocery retailer, your marketing and merchandising teams find themselves at a constant disadvantage when negot

frutty [35]

Hence proved hope it will help you

4 0

3 years ago

Suppose the U.S. and Japan both produce airplanes and televisions and the U.S. has a comparative advantage in the production of

EastWind [94]

Answer:

d. both countries, as whole, will be better off.

Explanation:

When countries leverage on their comparative advantages, they will be better off. In this instance as US has comparative advantage in producing airplanes, it will be more cost effective for them to produce and export to Japan.

So also Japan will find it cheaper to produce televisions and export to the US. Both contries reduce cost by producing goods they have comparative advantage in.

6 0

3 years ago

Shelby Corporation was organized in January to operate an air-conditioning sales and service business The charter issued by the

Vedmedyk [2.9K]

Answer: Please refer to Explanation

Explanation:

This is how the stockholders' equity section of the balance sheet at December 31 should look like,

STOCKHOLDERS'S EQUITY

Contributed Capital

Common Stock (29000 shares x $ 1 par) $29,000

Preferred Stock (19500 shares x $ 10 par) $195,000

Paid in Capital in excess of Common Stock at par ($841000 - $29000) $812,000

Paid in Capital in excess of Preferred Stock at par (19500 shares x ($39 - $10)) $565,500

Total Contributed Capital (sum of all of the above) $1,601,500

Retained Earnings ( $59,000 - $10,000) $49,000

Total Stockholder's Equity (Retained Earnings to contributed cap) $1,650,500

If you need any clarification do comment.

8 0

3 years ago

You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e

kodGreya [7K]

Answer:

$42.60

Explanation:

Current value = Future dividends and value*Present value of discounting factor(rate%,time period)

Current value = $1.85 / (1+10%) + $45 / (1+10%)

Current value = $1.85/1.1 + 45/1.1

Current value = $ 1.68181 + $40.91

Current value = $42.5918

Current value = $42.60

3 0

3 years ago

You are trying to value the common stock shares BeGood Company using a market multiples approach. Begone just reported annual ea

lakkis [162]

Answer:

$22.81

Explanation:

We can easily calculate share price for BeeGood company just by multiplying the current earnings per share with an average P/E ration of competitors

P/E = Price earning ratio

EPS = Earning per share

Formula: Share price = PE x EPS

Share price = $\frac{(11.2+13.25+14.88)}{3}$ x $1.74

Share price = $22.81

7 0

3 years ago