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marusya05 [52]
3 years ago
11

Assume that the market for barley is in equilibrium and the demand for barley is inelastic. Predict what happens to the revenue

of barley farmers if a prolonged drought reduces the supply of barley. The drought will cause farm revenue to
Business
1 answer:
ipn [44]3 years ago
8 0

Answer:

Farm revenue will rise due to due to percentage increase in price and percentage decrease in the quantity.

Explanation:

As given in the inquiry the market for barley is in harmony and the interest for grain is inelastic which implies the interest is consistent likewise If the dry season decreases the inventory of amount, the cost will increase.  

In such situation the <u>drought will make the ranch income rise</u> in light of the fact that the rate decline the amount sold is less that the rate increment in cost.

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MA_775_DIABLO [31]

This statement is false.

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7 0
3 years ago
Morgan signs a contract with Shane agreeing to work with him for a movie. Halfway through the production of the movie, Shane dec
Mice21 [21]

Answer:

(b) Shane has to pay $20,000 to Morgan for breach of contract

Explanation:

In the situation, it is given that Shane decides to quit as he gets another job so he breaks the contract instead of finishing his work on time.  

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In the given case, Shane has deliberately broken the contract so it is compulsory to pay the $20,000 to Morgan.  

Hence, option b is correct

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3 years ago
Kathleen has two investment opportunities. She can invest in The Sunglasses Company or the Umbrella Company. She estimates there
zubka84 [21]

Answer:

Explanation:

Attachment below

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Civilian federal employees are also referred to as
Ulleksa [173]

Civilian federal employees are also referred to as <u> "civil servants".</u>



The civil service is free of government and made basically out of vocation civil servants procured on expert legitimacy instead of selected or chose, whose institutional residency regularly survives advances of political initiative. A civil servant or public servant is a man utilized in people in general division for the benefit of an administration office or office. The degree of government workers of a state as a major aspect of the "civil service" differs from nation to nation.  


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4 years ago
What is another term for liability?<br> A. asset<br> B. notes<br> C. debt<br> D. accounts
Fiesta28 [93]

Answer:

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Explanation:

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