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kherson [118]
3 years ago
10

Why would a large crop surplus be a problem for farmers? A. Surpluses are destroyed by the government. B. Surpluses drive down p

rices. C. Surpluses drive up prices. D. Surpluses drive up the price of agriculture equipment.
Business
1 answer:
Vladimir79 [104]3 years ago
3 0

Answer:

The answer is b. Surpluses drive down prices

Explanation:

If you have a large volume of crops, it would not drive up the price simply because there is not a lot of demand for the crop. In that sense, both c and d (even though d is relevant to the equipment) are incorrect. If there is a lot of surplus, farmers will have to lower their prices in order to sell it. They lose in profit which is why large crop surplus are a problem for farmers.

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Work Survival skills include?
Anarel [89]
1. listen to the boss
2. don't talk to anyone unless you know then
3. don't let anyone borrow anything from you
4. bring all of your things
5. get a job you enjoy
6. if don't enjoy  your job find something fun in it
( this is basically for the first job
7 0
3 years ago
Last year, Myron purchased a $10,000 certificate of deposit with a 3% rate of interest from his bank. The government reported th
Dmitrij [34]

Answer:

Myron gains, while the bank loses.

Explanation:

Fallen in prices is usually cause by deflation i.e a general decrease in the prices of goods and services which enhances the purchasing power of money.

In this case, 5% fall in price will increase the value of the Myron investment with bank and caused bank more money .

8 0
3 years ago
Analyze the various methods available for avoiding overdrafts. Based on how you might use you account most often, decide which w
soldi70 [24.7K]

Overdrafts are given by banks only to trustworthy clients. if the bank balance is maintained clearly. To avoid overdrafts there should always be a sufficient amount of balance and avoid using cheques on situations as such.avoid ATM cards as well

4 0
3 years ago
5) Big Corporation had the following sales over the last 4 years; Year Sales (in 000s) bgs 1 225.00 2 236.25 3 243.125 4 248.00
babymother [125]

Answer:

5%

Explanation:

a) What was the growth rate in sales between years 1 and 2

Growth rate measures the increase in the level of sales over a period of time

Growth rate from year 1 to 2 = (increase in sales from year 1 to 2 / sales in year 1) x 100

increase in sales from year 1 to 2 = 236.25 - 225 = 11.25

(11.25 / 225) x 100 = 5%

6 0
3 years ago
Suppose that in the rice market demand shifts due to a new rice diet that is being marketed in the U.S. as a cure for cancer. Si
Soloha48 [4]

Answer:

The equilibrium price will increase

Explanation:

Equilibrium price is defined as the price at which the quantity demanded and quantity supplied are equal.

At this point there is no excess demand or supply, they are both equal.

I'm the given scenario the new rice diet that is being marketed in the U.S. as a cure for cancer will lead to increase in demand for rice.

While a flood that affects the rice crop in California will reduce the ability of suppliers to supply. Leading to reduced quantities supplied to the market.

This results in increased prices for the now scarce rice in the economy

It is illustrated in the attached diagram where price increases from P1 to P2.

The new equilibrium quantity is Q1

8 0
3 years ago
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