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3 years ago

8

As a result of the tax, the price received by producers , and . as a result of the tax, the price paid by consumers , and total

consumer spending falls as long as demand is . true or false: consumer surplus rises if total consumer spending falls.

1 answer:

exis [7]3 years ago

7 0

This is false because consumer surplus declines because of the increase in price and reduction in quantity.

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Leather and beef are jointly produced such that an increase in the production of one results in an equal increase in the product

eduard

Answer:

An increase in the demand for leather will most likely cause an increase in the demand for beef in the short run.

Explanation:

We can establish from the question that the two products are jointly produced. The two products are simply - Leather and Beef.

There's thus a direct relationship between the production of one and the other. That is, an increase in the production of leather causes an equal increase in the production of beef.

Having considered that, it is important to underscore the general human behaviors to issues on Demand. A rational individual will buy more of a product if the price is low. The more the demand, the more the increase in production.

For leather and beef, there is a critical factor that necessitate there joint production. This is that the byproducts from the production of one, say, Beef, will form an input in the production of the other. This relationship further lends credence to our foregoing assertion that the both products share direct relationship. Using the byproducts obtained from the production of one as an input will not increase the economies of scale of the other, it'll lead to an equal increase in the production levels.

Thus, an increase in the demand for leather signals an increase in the production of leather. Hence, with increase in production of leather, there's an equal increase in the production of beef with direct consequence on product demand, while taking advantage of the economies of scale derived from, and the competitive pricing.

3 0

3 years ago

Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $254,500, terms n/30. The cost of the goods so

Usimov [2.4K]

Answer:

See attached file

Explanation:

5 0

2 years ago

Read 2 more answers

On December 31, Year 1, Ott Co. had investments in marketable debt securities as follows: Amotized Cost Market value Mann Co. $1

Ahat [919]

Answer:

$29,000

Explanation:

The Held-to-maturity securities to be carried at amortized cost

The available-for-sale & trading securities to be carried at fair value (FV).

Therefore, the investment portfolio is reported at the following amounts:

Mann Co. $10,000 (Cost)

Kemo, Inc. $10,000 (Fair value)

Fenn Corp. $9,000 (Fair value)

Total $29,000

So, Ott's December 31, Year 1, balance sheet should report total marketable debt securities as $29,000

7 0

3 years ago

According to the product life-cycle theory, the locus of global production initially switches from the United States to other ad

guapka [62]

Answer:

The correct answer is letter "C": Over time, the United States switches from being an exporter of a product to an importer of the product.

Explanation:

The life-cycle theory proposes that the United States boosted worldwide economic trade exporting their products. At first, the products were delivered to other world developed countries. Over time, those developed countries started to study American products to become manufacturers. This implies competition so to spend fewer costs, the developed countries took their operations to developing nations.

After some time, it is believed that those developing countries are likely to become manufacturers as well at even cheaper costs provoking that the United States begin to import products from the developing nations.

8 0

3 years ago

I have been working on a Elementary Spanish 1 assignment for about 30 minutes, and I am now stuck. Can you please help me with t

Leya [2.2K]

These are OK

1. ¿Cuántos estudiantes hablan español?

Veinte estudiantes hablan español.

2. ¿A qué hora es la clase de sociología?

La clase es a las cinco

4. ¿Qué cursos tomas?

Estoy tomando historía, español, y arte

Now these need correction:

3. ¿Trabajas ustedes mañana? <em>This is common, "ustedes" is plural "you" , singular "you" is "tu", and when the verb is conjugated there is no need of the personal pronoun, a correct version of this question would be "¿Trabajas mañana?</em>

No, no trabajas mañana. Trabaja sábado. <em>"trabajas" is conjugated in second person, you should answer in first person "No, no trabajo mañana, trabajo el sabado"</em>

5. ¿Estudias? <em>I dont know what you mean by this, in english is: "study?" if you are asking "are you studying for you examns?" or something like that it would be "¿estas estudiando?"</em>

¿Estudias...?? <em>And the answer would be "Si,estoy estudiando mucho" - "Yes, I'm studying hard"</em>

<em>7. ¿</em>Hay? <em>The same as before this means "is there...?" you might ask "is there a coffee shop in campus?" and in spanish "hay cafeterias en el campus?"</em>

¿Hay....???? <em>And the answer here is "yes, there are" => "si, hay"</em>

<em>8. ¿</em>Dónde está? <em>Where is...? is this question, you might ask "where is the coffee shop?", "donde está la cafeteria?"</em>

¿Donde esta???? "<em>La cafeteria esta en la esquina" => "The coffee shop is the corner"</em>

4 0

3 years ago