Answer:
All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT: Consumer demand for organic foods has significantly decreased the amount of meat produced by most agribusiness firms.
Explanation:
Organic foods are grown without the use of synthetic additives like fertilizer and pesticides for plants, antibiotics and growth hormones for animals.
Consumer demand for organic products due to its health benefits has not significantly decreased the amount of meat produced by most agribusiness firms. Instead, it has created another lucrative business niche for meat production corporations.
Organic foods are now being produced to meet the demand for it along side with those that are not organic.
There is however a higher charge associated with organic foods.
Answer: 6%
Explanation:
Total population= 260 million.
Dependent population= 60 million
Employed population= 188 million
Unemployed population= 12 million
Total Labour Force= employed population + unemployed population
= 188 million + 12 million
= 200 million
Therefore total labor force= 200 million
Unemployment rate= unemployed people/ Total Labour Force×100
= 12 million/200 million×100
=0.06× 100
=6%
Unemployment rate= 6%
Answer:
Factory Cost
Direct Material - Material Consumed 60,000,000
Direct Labour - Productive Wages 20,000,000
Direct Expenses 5,000,000
Factory Overhead
Salary of a Factory/Production Manager 6,000,000
Factory Rent 2,000,000
Repair and Depreciation on Machine 600,000
Oil grease/ Lubricating 500,000
Total Factory Cost 94,100,000.00
Answer:
c. Buyers have strong bargaining power and entry barriers are low.
Explanation:
In markets where buyers have stron bargaining power because options are abundant, and entry barriers are low (the reason why options are abundant), focused strategies that attempt at attracting customers with lower prices or product differentiation can be very important in maintaining a firm's market share, or improving it.
A lower cost can attract most types of customers because almost everyone is interested in saving as much as possible when they buy goods and services. However, product differentiation is another good strategy because if suppliers are many, people often need something special about the good to finally take the decision to purchase it.
Answer:
AI's gross income for 2019 using the cash basis of accounting is $345,200
Explanation:
The computation of the gross income using the cash basis of accounting is shown below:
= Cash received for medical services + advance payment received from a health maintenance organization (HMO)
= $334,200 + $11,000
= $345,200
The other items values are related to the accrual basis of accounting, So we do not consider in the computation part