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Murljashka [212]
3 years ago
7

During the last few decades in the United States, health officials have argued that eating too much beef might be harmful to hum

an health. As a result, there has been a significant decrease in the amount of beef produced. Which of the following best explains the decrease in production? a. Government officials, concerned about consumer health, ordered beef producers to produce relatively less beef. b. Beef producers, concerned about the health of their customers, decided to produce relatively less beef. c. Anti-beef protesters have made it difficult for both buyers and sellers of beef to meet in the marketplace. d. Individual consumers, concerned about their own health, decreased their demand for beef, which lowered the equilibrium price of beef, making it less attractive to produce.
Business
1 answer:
Lyrx [107]3 years ago
7 0

Answer:

d. Individual consumers, concerned about their own health, decreased their demand for beef, which lowered the equilibrium price of beef, making it less attractive to produce.

Explanation:

One of the factors that affect change in demand is change in consumer preference. The health concern of beef will affect bring about this change in consumer preference and consequently results in less demand for beef. When there is less demand for beef, the price will go down. And as the price goes down, producers will have less incentive to supply more. This behavior is in consonance with law of supply that says the lower the price, the lower the quantity supplied, all things being equal.

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Answer:

generally receives favorable tax treatment relative to a corporation.

Explanation:

The sole proprietorship is the business organization in which the business is controlled by single person only. The business records would be separated with the owner personal records in this type of business also it would not be classified as a separate legal entity just like corporation

But in this it received the favorable tax treatment as compared with the corporation

8 0
3 years ago
Padco averages $15 million worth of inventory in all of its worldwide locations. They operate 51 weeks a year and each week aver
Phoenix [80]

Answer:

Option (d) is correct.

Explanation:

Given that,

Average inventory in all of its worldwide locations = $15 million

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Annual cost of goods sold:

= Weekly cost of goods sold × Number of weeks in a year

= $3 million × 51 weeks

= $153 million

Inventory turnover:

= Cost of goods sold ÷ Average inventory

= $153 million ÷ $15 million

= 10.2 turns

4 0
3 years ago
A population of 478 rats has been undergoing linear growth over a five-year period. if the average growth rate was 1.4 rats per
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The approximate size of the initial population of the rats five years before is 89. With average of 1.4 growth rate per year, it accumulated to 478 rats over the 5 years time. 
7 0
3 years ago
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not i
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Answer:

2 years and 6 months

Explanation:

after 6months

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     $1,000 + $100 = $1,100

after 1 year

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after 1 year and 6 months

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after 2 years

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after 2 years and 6 months

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     $1,464.10 + $146.41 = $1,610.51

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3 years ago
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BigorU [14]

The correct answer is mass production. Mass production is being defined as having to manufacture products in large quantities by which they are likely utilized by an assembly of line technology. This is a process by which it creates similar products in large numbers.

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