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SSSSS [86.1K]
3 years ago
14

Buyers rush to purchase stocks in California vineyards following a forecast of a 30 percent decline in this year's grape harvest

. What happens in the California wine market as a result of this announcement?
Business
1 answer:
LUCKY_DIMON [66]3 years ago
3 0

Answer:

The demand curve for wine shifts to the right

Explanation:

As per the forecast, there should be a decline in grape harvest. This induces the buyers to purchase more quantity of grapes in an anticipation of decline in future harvest which would eventually make grapes costlier than now.

Production of wine depends upon the availability of inputs. Grape being one of the necessary inputs. This means if in future, price of grapes rise, the production of wine would be costlier, which would raise the price of wine.

As a consequence of such an announcement, the wine market would experience an immediate increase in demand for wine which would shift the demand curve to the right.

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Which technical review is held during the engineering and manufacturing development phase to assess the final design after the “
Alona [7]
The appropriate response is Critical Design Review. A CDR surveys the framework last outline as caught in item determinations for every CI in the framework's item gauge and guarantees that every arrangement thing in the Product Baseline has been caught in the nitty gritty plan documentation.
4 0
4 years ago
Perez Corporation has 100,000 shares of $1 par value common stock and 20,000 shares of 8% cumulative preferred stock, $100 par v
xxMikexx [17]

Answer:

Option D is correct,$1,950,000

Explanation:

In order to compute the closing balance of retained earnings, the preferred shares dividends for prior and current years as well as the common stock dividend must  be deducted from net income before adding the remnant to the opening retained earnings:

Net income                                                                $870,000

Preferred dividend prior year($100*20000*8%)     ($160,000)

Preferred dividend current year($100*20000*8%)   ($160,000)

Common stock dividend($2*100,000)                       ($200,000)

net income after dividends                                          $350,000

Closing retained earnings=$1600,000+$350,000

                                           =$1,950,000

6 0
4 years ago
Read 2 more answers
You work for a company that has marketed medigap products for many years. the company has added medicare advantage and part d pl
vivado [14]

What do you need to do with your materials before using them for marketing purposes? Once you develop new marketing materials, the materials need to be submitted for review to make sure they accurately describe and reflect the new items. All marketing materials no matter the company, need to be approved before they are pushed out to the public to gain their target markets interest.

3 0
4 years ago
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Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000 two years from now and an additi
Troyanec [42]

Answer: $250,096

Explanation:

To find out the amount that should be invested today, one should find the present values of both figures and add them up:

Interest rate should be periodically adjusted so: 8% / 2 = 4% per semi annum

No of periods should be adjusted as well.

Amount to be invested today:

= \frac{190,000}{(1 + 0.04)^{2 * 2 periods} } + \frac{120,000}{(1 + 0.04)^{4 * 2 periods} }\\\\=  \frac{190,000}{(1 + 0.04)^{4} } + \frac{120,000}{(1 + 0.04)^{8} }\\\\= 250,095.62

= $250,096

8 0
3 years ago
To obtain a change of the zoning for a particular property, for example, from residential to commercial, a property owner would
FrozenT [24]

Answer: Zoning Map Amendment?

Explanation:

Zoning Map Amendment is an official document showing that there is a change in the way the land or property is divided into zones within a district and also the way it is being used either for industrial, residential or business purpose.

It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.

7 0
4 years ago
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