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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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The tendency to search for information consistent with our preconceptions is called: A. functional fixedness B. the representati

REY [17]

Answer:

D, confirmation bias

Explanation:

Confirmation bias is a form of cognitive bias that is defined as the tendency to interpret ,search, recall an information that confirms one's previous personal belief.

For example, if you suspect that a friend of yours is a thief after some things went missing a few times after he left you place and then someone else tells you he is also suspecting that same friend of being a thief, your confidence bias immediately connects both situations and then you believe your friend is a thief.

I hope this helps.

8 0

4 years ago

One advantage of the direct organizational plan is that it:________.

galina1969 [7]

Answer:

Explanation:

One advantage of the direct organizational plan is that it positions the major news first.

The major news receives the most attention because of it importance,hence it is given proper analysis which in turn brings attention.

When the direct approachis used, the main idea (such as a recommendation, conclusion, or request) comes in as the top on the priority list of the document, followed by the evidence. This is a deductive argument. This approach is used when your audience will be neutral or positive about your message.

4 0

3 years ago

True or false?A call provision gives bondholders the right to demand, or "call for," repayment of a bond. Typically, companies c

Alex787 [66]

Answer:

False.

Explanation:

A call provision is a stipulation on the contract of a bond that allows the issuer to repurchase and retire debt security. A bind indenture states circumstances that can trigger a call, for example if underlying asset gets to a preset price.

In the question it stated that the bond holder can demand for a call. This is untrue as only the issuer has the right to request a call.

If the bondholder wants to dispose of his shares he will do so through the secondary market and not by requesting a call.

4 0

4 years ago

The interval at which an asset should be replaced to minimize cost (or maximize worth) is known as the: ________

madam [21]

Answer:

c. Optimum replacement interval (ORI)

Explanation:

Optimum replacement interval used to estimate the most cost effective time to replace an asset on the basis of their replacement cost.

There needs to be a balance between the replacement cost and the value that is being lost by changing the asset.

The useful value must be low to justify replacement cost.

For example if the cost of maintaining a machine has increased a lot as a result of wear and tear, it will be more cost effective to make a replacement in order to minimise cost and increase efficiency

3 0

3 years ago

Lintner Beverage Corp. reported the following information from their financial statements:

sveticcg [70]

Answer:

Consider the following calculations

Explanation:

EBIT - Interest + Dividend Income ( 1 - 0.7) = EBT

$ 14.000.000 - $ 1.750.000 + $ 1.000.000 * 0.3 = $ 12.550.000

Base taxes for $ 10000000 = $ 3400000

( $ 12550000 - $ 10000000 ) *0.35 = $ 892500

$ 3400000 + $ 892500 = $ 4292500 in total taxes due

6 0

3 years ago