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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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svet-max [94.6K]

Answer:

$444.07

Explanation:

EMI = [P * I * (1+I)^N]/[(1+I)^N-1]

P =loan amount or Principal = 30750

I = Interest rate per month = .0565/12

N = the number of installments = 7*12 = 84

EMI = [30750*.0565/12* (1+(.0565/12))^84]/[(.0565/12))^84-1]

EMI = [30,750 * 0.0565  / 12 * 1.48374877204] / [1.48374877204 - 1]

EMI = 214.819001902 / 0.48374877204

EMI = $444.07

7 0
3 years ago
When the activity level changes, ______. Multiple select question. total variable cost changes variable cost per unit changes to
miskamm [114]

When there is a change in activity level, then:

  • Total variable cost changes.
  • Variable per unit remains constant.

<h3>What happens when activity level changes?</h3>

As a result of the change in activity level, the variable cost will change in total because it increases when there is an increase in number of units produced.

The unit variable cost will however remain the same as the company incurs the same variable cost per unit produced.

Find out more on variable cost per unit at brainly.com/question/26373444.

8 0
2 years ago
After years of selling in the consumer market, Dave accepted a job as a salesperson for a firm that markets its products in the
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Dave accepted a position as a salesperson for a company that markets its products in the B2B sector after years of selling to consumers. He'll probably discover the following when he thinks about his new responsibilities: industrial clients typically need more individualized attention than clients in the consumer sector.

What is the consumer market?

When people buy goods or services for their consumption rather than to resell them, such market is known as the consumer market. Consumer markets are generally made up of goods that individuals use daily.

What is B2B marketing?

Businesses that use B2B marketing concentrate on promoting their products or services to other businesses. B2B enterprises sometimes function in this way because they offer goods that are in high demand among other businesses alone.

Do consumers prefer personalization?

More than 76% of consumers claimed that receiving tailored messages was a significant motivator for them to consider a brand, and 78% claimed that such information increased their likelihood of making a second purchase.

Learn more about Marketing: brainly.com/question/13414268

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2 years ago
Qiang is a project manager at Enigma Industries and is able to borrow specialists from the organization on a regular basis to as
Alenkasestr [34]

Answer:

matrix organizational structure

Explanation:

When a company works under a matrix organizational structure, specialists from different parts of the organization are brought together on a temporary basis to work on specific projects. It is common for employees to report to both a functional manager (traditional manager) and a product manager (project manager).

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An ad for asian sensations' newest product line of snack foods encourages readers to "thai something new." in this example, the
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