1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonbull [250]
3 years ago
13

Suppose a wet and sunny year increases the nation's sweetcorn crop by 20%. How will this affect the market for frozen peas,a sub

stitute for sweet corn?
a) increase in demand
b) decrease in supply
c) increase in supply
d) decrease in demand
Business
1 answer:
Soloha48 [4]3 years ago
5 0

Answer:

d) decease in demand

Explanation:

When the produce of sweet corn crop rises by 20%, this would lead to an increase in supply. With increase in supply, the price of sweet corn shall fall, which would lead to an increase in demand as now consumers will consume more of sweet corn.

Since the relationship between price of a good and demand for it's substitute is positive, the demand for the substitute shall fall.

Thus, demand for frozen peas shall decrease as demand for sweet corn has increased.

You might be interested in
The structure of IASB
Leto [7]

IASB Structure:

1. Guardian body

2. IASB Council

3. Standard Advisory Board

4. International Financial Reporting Interpretation Committee (IFRIC)

Explanation

The International Accounting Standard Board (IASB) is an independent institution forming international financial reporting standards (IFRS). The International Accounting Standard Board was established in 1973. It aims to achieve the harmonization of accounting procedures and standards throughout the world.

Learn More:

  1. Structure IASB brainly.com/question/14009952
  2. IASB brainly.com/question/4787717

Details:

Grade: Middle School

Subject: Business

Keyword: IASB, IFRS

4 0
3 years ago
A self-insurance activity that is accounted for in an Internal Service Fund pays $365,000 in claims during the year. Because the
Alenkinab [10]

Answer:

A. An operating expense.

Explanation:

Since in the question it is mentioned that the self insurance activity i.e. accounted for an internal service fund that paid the amount of $365,000. Also as we know that the internal service fund is a proprietary fund so the claim should be reported as an operating expenses in the revenues, expenses and change in net asset statement

Therefore the correct option is a.

8 0
3 years ago
A company produced 86 units during the
Ray Of Light [21]

Answer:

6.67 solution: Actual labour hour=8hr total no.of employees=4 Total working

Explanation:

7 0
3 years ago
Pepsodent launched a new product that could whiten teeth, fight decay, and maintain fresh breath. Observing that Pepsodent did n
Schach [20]

Answer: Flank attack

Explanation:

Flank attack is a strategy in marketing that is adopted by a competing business to take advantage of an area their competitor is weak at or not paying attention to. It is a strategy used against leading business that are performing less than what is expected in certain segment.

6 0
4 years ago
Bread, gasoline, and ____ are examples of convenience products.
ella [17]
Bread, gasoline, and newspapers are examples of convenience products.  All of them are goods<span> (consumer item) that are widely available. Consumers purchase this kind of products frequently with minimal effort and with little planning. The convenience products are part of consumers routine. </span>
7 0
3 years ago
Other questions:
  • Which financial decision is this:
    8·1 answer
  • On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was c
    5·1 answer
  • Overhead allocation based solely on a measure of volume such as direct labor-hours:
    15·1 answer
  • It costs Sheffield Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per uni
    13·1 answer
  • When a company offers consumers the ability to make purchases via a smart phone, this is known as:?
    5·1 answer
  • Just in time inventory involves the following main component:
    9·1 answer
  • This chapter states that most economists would probably maintain that new technologies are the single most important source of p
    9·1 answer
  • A limited liability company (LLC) will be taxed as a corporation unless it elects to be taxed as a partnership. True False
    9·1 answer
  • Peroni Corporation sold a parcel of land valued at $300,000. Its basis in the land was $250,000. For the land, Peroni received $
    10·1 answer
  • Zipcar car rentals is an example of a type of innovation that is similar to product innovation except that this innovation relat
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!