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3 years ago

An increase in the price of poultry would lead to__________

Business

1 answer:

elixir [45]3 years ago

6 0

Answer:

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

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Asking yourself "What can I do to build a loyal customer base?" is an example of

MakcuM [25]

Correct answer is C, Creativity.

Asking yourself, What can i do to build a loyal customer base?, is an example of Creativity.

When a person in an organization is creative and wants to build a loyal customer base, he asks himself that how can he build it. He finds out ways to build a loyal customer base. He innovates, he takes out the best creativity out of him. When he is focusing on asking himself the solutions, he is basically creative who is seeking answers within himself.

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3 years ago

Currency markets operate under a system of _____ in which the prices of different currencies move up or down based on the deman

neonofarm [45]

Answer: Floating exchange rate

Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.

Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.

A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.

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3 years ago

Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market

kipiarov [429]

Answer:

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8 0

3 years ago

Year 1 total cash dividends $ 20,000

velikii [3]

Answer:

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Explanation:

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3 years ago

He Bradley Corporation produces a product with the following costs as of July 1, 20X1: Material $5 per unit Labor 3 per unit Ove

blsea [12.9K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

July 1, 20X1:

Material $5 per unit

Labor $3 per unit

Overhead $1 per unit

Total cost= $9

Beginning inventory= 3,200 units.

December 1, 20X1:

Bradley Corporation produced 12,400 units.

These units had a material cost of $4, labor of $6, and overhead of $4 per unit.

Total cost= $14

A) Units sold= 16,800 units

Selling price= $13

The total inventory is= 3,200+12,400= 15,600

<u>We will assume that production levels with sales.</u>

Sales= 16,800*13= $218,400

Cost of goods sold= (3,200*9 + 13,600*14)= (219,200)

Gross profit= (800)

B) We will assume the ending inventory is 300 units:

Inventory= 300*14= $4,200

8 0

3 years ago