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4 years ago

An increase in the price of poultry would lead to__________

Business

1 answer:

elixir [45]4 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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orward rates. Your company has posted you on a 27-month overseas assignment in Budapest, Hungary. You will be living on the Bu

Montano1993 [528]

Answer:

$1 = 122.84 Hungarian Forint

Explanation:

The purchasing power parity theory states the future spot rate and and he current spot exchange rate between two currencies can be linked to the relative inflation rate between the two currencies. This also known as the law of one price.

The model is given as follows:

S = So× (1+Fc)/(1+Fh)

Fc - inflation rate in Hungary - 6.9%

Fh- Inflation rate in the US- 2.8%

S- Future spot rate- ?

So- Current spot rate-188.13

Expected exchange rate one year from now

118.13× (1.069)/(1.028)

=122.8414

= 122.84 Hungarian Forint

$1 = 122.84 Hungarian Forint

6 0

3 years ago

A company offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of th

kozerog [31]

Answer: C. The employees will receive a share of profits as part of the company's ESOP.

Explanation:

The retirees can still get a portion of profits if they are part of an Employee Stock Ownership Plan.

ESOP is a pretty standard thing these days with companies where they reward their employees with shares in the company.

Seeing as the company is making too little to be able to keep paying Retirement benefits, the retirees being owners of Stock can still partake in the earnings that the company makes when they distribute dividends.

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3 years ago

Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions

Bond [772]

Answer:

1. Suppose Quantity of Apple sold in year one & two = 100Kg.

Price in year 1 = $1.50 per kg

Price in year 2 = $3.00 per kg

Nominal GDP 1 = Price * Quantity = 1.50*100 = $150

Nominal GDP year 2 = 3*100 = $300

Change in Nominal GDP = $150

Percentage change in Nominal GDP = 100%

b. Real GDP of year 1 = Nominal GDP of year 1 = $150

Real GDP of year 2 = 1.50*100 = $150

Change in Real GDP = 0%

2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units

a. Nominal GDP year 1 = 1*100+1.5*100 = $250

Nominal GDP year 2 = 2*100+3*100 = $500

Percentage change in Nominal GDP = 500-250/500 * 100 = 100%

b. Real GDP year 1 = $250

Real GDP year 2 = 1*100 + 1.5*100 = $250

Percentage change in Real GDP = 0%

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3 years ago

Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November

Pavlova-9 [17]

Answer:

✓ $1,330.26

Explanation:

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3 years ago

Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,000 models. During t

GrogVix [38]

Answer:

11,125 units

Explanation:

Particulars Units

Beginning WIP (2500*0.75) 25% is completed 1,875

Units started and completed during the month 8500

[10,000 -1500 as ending Inventory]

Ending Inventory [1500*0.50] 750

Equivalent units 11,125

So, the equivalent units for conversion costs during October is 11,125 units

5 0

3 years ago