Outcome which is expected regarding the hot cocoa industry when the cost of cocoa from south america increases in price, making it more expensive to u.s. businesses is that consumers will decrease the purchase of hot cocoa.
This happens due to the law of demand.
The law of demand describes that demand for any product changes inversely to its price if all other things kept equal. In other words, the higher the price will be, the lower the level of demand will be there.
Because the buyers always have finite resources, their spending on a given product or any commodity is also limited , so higher prices will definitely reduce the quantity demanded.
To know more about law of demand here:
brainly.com/question/10782448
#SPJ4
Answer:
a. Division margin:
= Net operating income / Total sales
= 2,835,342 / 23,826,400
= 11.9%
b. Division turnover:
= Sales / Total assets
= 23,826,400 / 9,164,000
= 2.6 times
c. Division ROI:
= Net operating income / Total assets
= 2,835,342 / 9,164,000
= 30.94%
Answer:
The correct answer is b) unit of account
Explanation:
The statement "This Dell laptop costs $1,200" illustrates which function of money? Unit of account
The unit of account represents one of the function of money, The value of an article is measured the same currency to compare with another article.
The average increase in the value of an individual investment
<span>Significantly more growth. Bottled water has been experiencing growth due to the fact that is is considered a significantly more healthy alternative to sugary sodas. Due to the obesity and diabetes epidemics in the USA, many individuals are cutting out sodas from their diets.</span>
