1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BabaBlast [244]
3 years ago
11

Antonio’s makes the greatest pizza and delivers it hot to all the dorms around campus. Last week Antonio's supplier of pepperoni

informed him of a 25% increase in price of pepperoni. What happens in the market for Antonio's pizzas?
Business
1 answer:
Lynna [10]3 years ago
7 0

Answer:

At first, It will have no impact.

Later it will make the equilibrium price go higher. Quantity unchanged

Explanation:

First The raw material cost increase in the pepperoni will decrease the profit of Antonio's pizzas with that ingredient. It will not have an impact on the pizzas market.

But once after, Antonio's decides to markup the price, to get their previous profit margin back, the price of the pizzas will increase and because is the only supplier around campus their demand will not react (low to any elasticity to price) to the price rise and accepts the new price.

You might be interested in
The following information is taken from Reagan Company's December 31 balance sheet:
zimovet [89]

Answer:

Firm’s sales uncollected for year is 42 days.

Explanation:

Account receivable turnover ratio = $621,000 / $70,422

Account receivable turnover ratio = 8.69

Thus, accounts receivable turnover ratio is 8.69

Average collection period = 365 / Account receivable turnover ratio

Average collection period = 365 days / 8.69

Average collection period = 42.00

Thus, firm’s sales uncollected for year is 42 days.

8 0
3 years ago
Town A, in one hour, can produce either 4 hotdog buns, or 10 sausages. Town B, in one hour, can produce either 8 hotdog buns, or
katrin [286]

Answer:

The answer is 27 hours

Explanation:

Solution

The Comparative advantage depends on  production of the lower opportunity cost

The opportunity cost of a production is =maximum production of other good /maximum production of the good

Now,

The opportunity cost of hot dog bun for town A =10/4=2.5

Thus,

The opportunity cost of hot dog bun for town B=6/10=0.6

So,

The  town B has a comparative advantage in hot dog buns and A in sausages

Town A will produce-only sausages and it will take the time of  

time in hours =total required a quantity of the good /number of products in an hour

Now,

The time for Town A for sausages=120/10=12 hours

The time for Town B for hot dog buns=120/8=15 hours

Therefore, The total time =12+15=27 hours.

6 0
3 years ago
Pls help me!! i need help with an essay for business
vodomira [7]
Do u also want some sources?
4 0
3 years ago
At the beginning of the year, a firm has current assets of $328 and current liabilities of $232. At the end of the year, the cur
GarryVolchara [31]

Answer:

$125

Explanation:

Computation for the change in net working capital

Using this formula

Change in net working capital =( Ending Current asset- Ending Current liabilities) - (Beginning Current asset- Beginning Current liabilities)

Let plug in the formula

Change in net working capital =

($493 – $272) – ($328 – $232)

Change in net working capital = $221-$96

Change in net working capital =$125

Therefore the Change in net working capital will be $125

5 0
3 years ago
Having fewer customers in business markets in comparison with consumer markets:
Gemiola [76]
<span>Having fewer customers in a business market can be a positive, since it allows for the business to get to know those customers they do serve more closely and allows them to better cater to their needs. However, it can also be a negative because it makes every transaction with a customer vital to the overall bottom line and the vitality of the business.</span>
8 0
3 years ago
Other questions:
  • Say a certain manufacturing industry has 63.1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1.7
    8·2 answers
  • Some companies want to get their products into as many outlets as possible, understanding that the more exposure a product gets,
    7·2 answers
  • The relationship between two variables that are unrelated can be shown by​ ______.
    8·1 answer
  • The bid-ask spread exists because of _______________. A. market inefficiencies B. discontinuities in the markets C. the need for
    13·1 answer
  • Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price
    10·1 answer
  • Ecco Company sold $151,000 of kitchen appliances with six-month warranties during September. The cost to repair defects under th
    15·1 answer
  • Steven has 55 baseball cards. Steven and Lucas have more than 71 baseball cards together. Which of the following inequalities re
    8·2 answers
  • Larry recorded the following donations this year: $500 cash to a family in need $2,400 to a church $500 cash to a political camp
    6·1 answer
  • A credit memorandum results in a(n) _____ in a customer's accounts receivable file.
    9·1 answer
  • If the interest rates on all bonds rise from 5 to 6 percent over the course of the year, which bond would you prefer to have bee
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!