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Liono4ka [1.6K]
3 years ago
15

Consider the following events: a. A fruitworm infestation ruins a large number of apple orchards in the state of Washington. Thi

s event would cause a shift of the supply curve in the market for apples. b. Demand for apples goes down, causing the price to fall. This event would cause a movement along the supply curve. Considering the events described above, which of the following statements is true
Business
1 answer:
Vikentia [17]3 years ago
8 0

Answer:

Both statements are true

Explanation:

Due to the worm infestation, there would be a fall in supply of apples, this would lead to a shift of the supply curve  to the left

a fall in price in apples, would lead to a movement down along the supply curve.

Only a change in price of a good leads to a movement along the supply curve for the good, other factors lead to a shift of the supply curve

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Which of the following is not a step in creating a debt payment plan? a. Rank all debts in the order in which you would like to
7nadin3 [17]

Answer:

b. Consolidate all credit cards onto a single card with a single interest rate.

Explanation:

When a debt payment plan is initiated then, it is decided according to the outstanding amounts, that which shall be paid first and the order of payment for remaining debts.

For this monthly income and expenses are to be evaluated, in order to decide how much payment shall be made accordingly, in each month.

But this entire process do not involve the step of aggregating all the cards so that there is only one card with the same payment. There is no relation to any such payment.

7 0
3 years ago
The flow of information and ideas from one person to another involving a sender method of transmitting the idea or content and r
Deffense [45]

Answer:

Communication

Explanation:

Communication is the exchange and flow of information and ideas from one person to another; it involves a sender transmitting an idea, information, or feeling to a receiver

5 0
2 years ago
You recently purchased a stock that is expected to earn 10 percent in a booming economy, 4 percent in a normal economy, and lose
serious [3.7K]

Answer:

b. 3.70 percent

Explanation:

Expected rate of return of a stock, given probabilities,  is calculated by summing up the product of probability of each state occurring by the expected return of the stock should that happen.

Expected rate of return = SUM (probability *return)

Boom;(probability* return) = (0.15* 0.10) = 0.015 or 1.5%

Normal ;(probability* return) = (0.70* 0.04) = 0.028 or 2.8%

Recession ; (probability* return) = (0.15* -0.04) = -0.006 or -0.6%

Next, sum up the expected return for each state of the economy to find the expected rate of return on this stock;

= 1.5% + 2.8% -0.6%

= 3.7%

Therefore, the correct answer is choice B.

4 0
3 years ago
Which of the following represents an opportunity for generating a new product?
Alexus [3.1K]

The correct answer is D. All of these.

7 0
3 years ago
The three types of scaffolds are ________________.
Damm [24]

Answer:

The answer is d: supported, suspended, and aerial lift trucks

Explanation:

An elevated temporary work platform is called a scaffold. Scaffolds can be divided into two categories:

Supported scaffolds are made up of one or more platforms that are held up by rigid parts like, for example, poles, frames and legs.

The scaffolds that hang from ropes or another pliable, above support, consisting of one or more platforms are suspended scaffolds

Aerial lifts, in particular, can be thought of as different kinds of supported scaffolds.

8 0
2 years ago
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