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dem82 [27]
3 years ago
15

The United States does not allow oranges from Brazil (the world's largest producer of oranges) to enter the United States. If Br

azilian oranges were sold in the United States, oranges and orange juice would be cheaper.
Use the laws of demand and supply to explain whether the above statement is true or false.
In your explanation, distinguish between a change in demand and a change in the quantity demanded and between a change in supply and a change in the quantity supplied.

1. The statement is _.
2. Allowing Brazil to enter the U.S. market for oranges would _, which would _ the price and _.
3. Oranges are _ orange juice so the _ would _, which would _ its price and _.
Business
1 answer:
Nina [5.8K]3 years ago
5 0

Answer:

The statement is True

If Brazilian oranges entered the United States, the number of oranges in the market would be higher, and if the quantity demanded remained more or less stable, the oranges prices would fall.

Changes in supply are those produced by anything other than price, thus, in this example we can see a change in supply, because the higher number of oranges has come from the market entry of new competitors : the brazilian orange providers.

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Puffy's Pastries generates five cents of net income for every $1 in equity. Thus, Puffy's has _______ of 5 percent.
kap26 [50]

Answer: return on equity

Explanation:

The return on equity is simply a measure of how profitable a business will be when it's being compared to its equity. Return on equity is the net income divided by the equity. It can also be gotten when liabilities is deducted from assets.

In the above analysis, return on equity equals 5% because 100 cents make 1 dollar. Therefore, 5/100 × 100 gives 5%.

5 0
2 years ago
Joy has been saving her earnings to make a down payment on a new car. which loan terms will result in highest total cost for the
wariber [46]
5.5 percent loan for 60 months
4 0
3 years ago
The total factory overhead for Rowland Company is budgeted for the year at $652,000 and divided into two departments: Fabricatio
vlabodo [156]

Answer:

$86

Explanation:

The total overhead for Rowland Co. = $652,000 per annum (p/a). broken down across two departments as follows:

Department/Item                     (Treadmill)      ||     (Weight Machine)

                                                    (Direct labor hours in production)      Total

Fabrication = $460,000 p/a            3              ||                 2

Assembly = $192,000 p/a                1              ||                 5

Nos of Units for production            4000          ||              4000

To produce 4000 Weight Machines, would require 8000 fabrication hours and 20,000 assembly hours. while, 4000 treadmills will require 12,000 fabrication hours and 4,000 assembly hours.

Total number of Fabrication hours for the year is 12,000 + 8,000 = 20,000.

Total number of assembly hours for the year is 20,000 + 4,000 = 24,000

Unit cost per hour of fabrication (uF) = $460,000/20,000 = $23

Unit cost per hour of assembly (uA) = $192,000/24,000 = $8

Therefore, the allocated overhead per unit for each weight machine

= (2 * $23) + (5 * $8) = $46 + $40 = $86

3 0
3 years ago
Suppose disposable income increases by $ 2,000 . As a result, consumption increases by $ 1,500 . Answer the questions based on t
timama [110]

Answer:

Increase in savings resulting directly from the given change in income

= increase in income - increase in consumption  = $2000-$150 = $500

Marginal propensity to save = increase in savings/increase in income = 500/2000 = 0.25

Explanation:

3 0
3 years ago
the policy loan provision means that a. an individual can take out a loan on his term policy. b. the death benefit will be incre
Alenkasestr [34]

According to the policy loan clause, the policy owner may borrow any sum up to the policy's cash value. As a result, choice (C) is the best way to respond.

<h3>What is policy loan?</h3>

A policy loan is given out by an insurance provider and is secured by the cash value of the borrower's life insurance policy. A "life insurance loan" is another name for it. They used to be renowned for having cheap interest rates, but that isn't necessarily the case now.

Even though they have limitations, policy loans typically provide easy access to money. When a universal or whole life insurance policy has built up cash value, policy loans may be taken out.

Hence, option (C) is the accurate one.

Learn more about policy loans, from:

brainly.com/question/14971100

#SPJ1

5 0
1 year ago
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