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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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The following budget information is available for the Arch Company for January Year 2: Sales $ 860,000 Cost of goods sold 540,00
igomit [66]

Answer and Explanation:

The computation of the total budgeted selling and administrative expenses is shown below;

Utilities expense $2,800

Administrative salaries $100,000

Sales commissions 5 % of sales i.e. 5% of $860,000  $43,000

Advertising $20,000

Depreciation on store equipment $50,000

Rent on administration building $60,000

Miscellaneous administrative expenses $10,000

total budgeted selling and administrative expenses $285,800

3 0
2 years ago
Production-based accounting is used to estimate gdp by​ ____________.
aliina [53]
B.
adding up the incomes received by all the resources that contributed to production.

Or

D.
all of the above.
6 0
2 years ago
If asset owners in Japan and the United States consider Japanese and U.S. assets as good substitutes for each other and if the U
Aleksandr [31]

Answer: financial inflow will reduce the United States interest rate.

Explanation:

The options include:

a. financial inflow will reduce the United States interest rate.

b. financial outflow will increase the Japanese interest rate.

c. The interest rate gap between the United States and Japan will be eliminated.

d. Loanable funds will be exported from the U.S. to Japan

e. the interest rate in the United States will equal theinterest rate in Japan.

Based on the information given in the question, the things that will occur include:

• financial outflow will increase the Japanese interest rate.

• The interest rate gap between the United States and Japan will be eliminated.

• Loanable funds will be exported from the U.S. to Japan

• the interest rate in the United States will equal the interest rate in Japan.

Therefore, option A is the correct option.

6 0
3 years ago
Castle Brew Inc., a leading multinational beverage manufacturing company, coordinates with Waste Yard Inc., a waste management c
ycow [4]

Answer:

Socially responsible business

Explanation:

The company is investing in save the enviroment, so it is assuming his role inside the society. It is performing a policy which  does not seek profit, it seeks to generate a better and sustainable community and world.

It reduces waste and promotes recicling

5 0
3 years ago
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether the following costs of Procter & Gamble, a maker
AfilCa [17]

Answer:

a. factory overhead cost

b. factory overhead cost

c. factory overhead cost

d. direct labor cost

e. direct materials cost

f. direct labor cost

g. factory overhead cost

h. direct materials cost

i.  direct materials cost

j. factory overhead cost

Explanation:

Direct Material Costs and Direct Labor Costs are easily traceable to the cost object whilst its difficult to trace Factory Overhead Costs to the cost object.

8 0
3 years ago
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