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marusya05 [52]
2 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]2 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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Ou buy 6 pounds of apples for $33. what is the cost of 10 pounds of apples?
KiRa [710]
Each pound of apple would be $5.50. you get that by dividing 33 by 6. so $5.50 by 10 pounds is $55
3 0
3 years ago
One day, Barry the Barber, Inc., collects $500 for haircuts. Over this day, his equipment depreciates in value by $80. Of the re
zheka24 [161]

Answer:

Gross Domestic Product

= $500

<em>GDP is the final value of goods and services. The haircut is valued at $500 so is GDP. </em>

Net National Product:

= GDP - Depreciation

= 500 - 80

= $420

National Income

= $420

<em>This is the income that a resident of the country earns and $420 is what Barry earned in net income.</em>

Personal Income

= National income - Retained earnings

= 420 - 120 - 50

= $250

Disposable Personal Income (Dollars)

= Personal income - income taxes

= 250 - 90

= $160

4 0
3 years ago
During the year, Eleanor earns $120,000 in wages as an employee of an accounting firm. She also earns $30,000 in gross income fr
madam [21]

Answer:

Self employment tax will be $24000

So option (e) will be correct option

Explanation:

We have given that earning from outside consulting service = $30000

Deductible amount paid in connection with consulting service = $6000

We have to find the self employment tax

Self employment tax is the difference of earning from outside source and deductible amount

So self employment tax = $30000 - $6000 = $24000

So option (e) will be correct option

5 0
3 years ago
Sew ‘N More just paid an annual dividend of $1.42 a share. The firm plans to pay annual dividends of $1.45, $1.50, and $1.53 ove
andre [41]

Answer:

Stock Worth Today:  $3,71 + $10,93 = $14,64

Stock Worth Today:  Present Value (3 Next Years) + Present Value (Perpetuity)

Explanation:

We need to apply two financial methods to find the value of the shares today.

First, the Present value formula for the next 3 years, and for the rest we apply the Perpetuity formula, then to the result of Perpetuity we apply the Present Value because it's expressed in values of Year 4.

Present Value Formula : C/(1+r)^t to each cash dividends each year.

Perpetuity Formula : Dividend / r

  • PV of the perpetuity = Periodic cash inflow/ Interest rate  

Perpetuity = 1,60/ interest rate  

Perpetuity = 1,60/ 0,10  

Perpetuity = $16  

The Perpetuity it's expressed at the moment of Year 4, we need to discount the Perpetuity to the current time:

Present Value Formula : C/(1+r)^t = 16/(1,10)^4 = $10,93

  • PV of the the next 3 years dividends.

Present Value = 1,45/(1+0,1)^1 + 1,50/(1+0,1)^2 + 1,53/(1+0,1)^3  

Present Value = 1,32 + 1,24 + 1,15  

Present Value = $3,71

7 0
3 years ago
17. What action is the Commission allowed to take if it has cause to believe that a licensee is about to violate escrow account
OleMash [197]

The Commission can sue to enjoin any violation action.

Before money or assets are transferred from one party to another in a transaction, a neutral third party is said to be keeping them. This third party is referred to as escrow. Until both the buyer and the seller have complied with the terms of the contract, the third party keeps the money.

Escrow is a legal term that refers to a financial arrangement in which a third party holds an asset or money on behalf of two other parties who are carrying out a transaction. The escrow agent is in charge of escrow accounts. Only after certain contractual duties have been fulfilled does the agent release the assets or funds. Escrow can be used to hold several types of assets, including cash and securities.

To know more about escrow refer to:

brainly.com/question/15703254

#SPJ1

3 0
1 year ago
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