1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mote1985 [20]
3 years ago
11

One theory about why consumers are spending less on agricultural goods is that goods are becoming cheaper to make and manufactur

e, so consumers are receiving the savings. Develop an alternate theory as to why consumers are spending a smaller percentage of their incomes on agricultural-based goods.
Business
2 answers:
erastova [34]3 years ago
7 0

Answer:

Another theory about  why consumers are spending less on agricultural goods is:

<u>Thanks to the free trade agreements between the US and other countries with a more centralized production in specific agricultural products, for which said products enter at a cost below the cost of national production, consequently, a lower cost for the consumer</u>.

Explanation:

There are countries which agricultural goods production is more focused in a product, for example, suppose that the USA has a free trade agreement with Argentina, where the potatoes production is completely focalized, the reason why his production is cheaper than in the USA (by a economy of scale), then, when that good arrive to the country, will be cheaper than the national production and the consumers will pay less than before.

Elena-2011 [213]3 years ago
5 0

Answer:

what she said

Explanation:

You might be interested in
Swordfish Co. earned $75,000 in 2018 and expects to receive 2/3 of the amount in 2019 and the remainder in 2020. How much revenu
Gnoma [55]

Answer:

$75,000

Explanation:

Revenue is said to be earned on the deliver of the goods and services to the party that enjoys the benefits from the good or service.

As long as control of the goods has been transferred, the revenue is earned. Note that this is not when cash has been collected.

As such, if the company earned $75,000 in 2018 but some amounts are to be collected in subsequent years, the revenue earned in 2018 is still $75,000 while the amounts yet to be collected will be recognized in accounts receivable.

5 0
4 years ago
A sales associate employs a licensed personal assistant. The assistant will prepare CMAs, design property flyers, hold open hous
strojnjashka [21]

Answer:

A) the associate may pay the salary and withhold taxes, but the broker must pay commissions.

Explanation:

The sales associate works for the broker and his/her assistant works for him. Therefore the sales associate is responsible for paying the assistant's salary and withhold taxes since he is the employer. But since the assistant will also earn 20 percent of the sales associate's commissions, that should be paid by the broker directly (80% to the sales associate and 20% to the assistant).

7 0
4 years ago
Billy Bob's Barber Shop knows that a 5 percent increase in the price of their haircuts results in a 15 percent decrease in the n
Gala2k [10]

Answer:

Option (B) is correct.

Explanation:

Given that,

Percentage increase in price = 5%

Percentage decrease in quantity demanded = 15%

Therefore,

Elasticity\ of\ demand=\frac{percentage\ change\ in\ quantity\ demanded}{percentage\ change\ in\ price}

Elasticity\ of\ demand=\frac{15}{5}

                                           = 3.0

Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0

6 0
3 years ago
What are the four key assumptions examined in specification analysis in the case of simple​ regression? A. Four key assumptions
bearhunter [10]

Answer:

C. 1. Linearity of relationship between the dependent variable and the independent variable within the relevant range. 2. Constant variance of residuals for all values of the independent variable. 3. Independence of residuals. 4. Normal distribution of residuals.

Explanation:

The four keys assumptions that are examined in the case of simple regression with respect to the specification analysis is given below:

1. There should be relationship between the dependent and independent variable and that should be linear and do not cross the relevant range

2, The residual variances of the independent variable would remain the same

3. Residual independence

4. Residual normal distribution

These four should be considered

Hence, the option c is correct

4 0
3 years ago
At his death, on January 1, 2017, Morris owned shares of ABC Corporation common stock, with a fair market value of $50 per share
Zepler [3.9K]

Answer:

$40

Explanation:

If the beneficiary appoints to use the items with different date to measure the estate of the deceased, the share price shall be the price at the time six months after passing, if the property has been previously sold. In this scenario, the FMV on the original sale, $40.

4 0
3 years ago
Other questions:
  • Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6 percent. The bond sells for $98
    8·1 answer
  • Should tackle football should be outlawed until highschool? <br><br> arguing negative for debate.
    10·1 answer
  • What relation does credit and debt have?
    9·1 answer
  • A small cruising ship that can hold up to 64 people provides three-day excursions to groups of 40 or more. if the group contains
    6·1 answer
  • When should a person proceed with a
    15·1 answer
  • The real value of marketing research is the __________ it can provide to a company; that is, information that can give a company
    15·1 answer
  • A copy machine acquired on July 1 with a cost of $1,450 has an estimated useful life of four years. Assuming that it will have a
    7·1 answer
  • erry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer from a subcontractor to pro
    8·1 answer
  • In an effort to raise more tax revenue from the upper class, the government decides to impose a new tax on luxury goods like yac
    13·1 answer
  • Employee ________ provides new employees with the basic background information required to perform their jobs satisfactorily.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!