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Ket [755]
3 years ago
8

When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,

causing the price to ____________. a. decrease: increase b. decease: decrease c. stay the same: stay the same d. increase: increase e. increase: decrease
Business
1 answer:
rewona [7]3 years ago
6 0

Answer:

Option (a) is correct.

Explanation:

When the price of ground beef increases, this means that there is an increase in the cost of production of hamburgers because the beef is used as an input in the production of hamburgers.

So, an increase in the price of beef will result in a decrease in the supply of hamburgers because it will become less profitable for the suppliers and this will also shifts the supply curve leftwards.

Hence, this lower supply of hamburgers will cause the price of hamburgers to rise.

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Illusion [34]

The break-even point is the level of sales at which profits are equal. The company sold 38,000 units in the eastern region and 13,000 units in the western region

Equal gross revenue means no loss or profit for small businesses. This means that we have reached a stage of production where the cost of production equals the revenue of the product.

To calculate the breakeven point in units, use the following formula: Points (Sales) = Fixed Costs ÷ Contribution Margin

The break-even point (BEP) helps the business owner/CFO to realistically check how long it will take to see a return on an investment. For example, calculate or model the minimum turnover required to cover the cost of entering a new location or new market.

Learn more about BEP at

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1 year ago
You are meeting to discuss the proper categorization of marketing strategy costs in the monthly department budget performance re
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Answer:

C)

Explanation:

I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!

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3 years ago
A chain of appliance stores, APP Corporation, purchases inventory with a net price of $600,000 each day. The company purchases t
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Answer:

Explanation: Here we are to calculate the average amount payable by APP Corporation.

Average accounts payable = net inventory per day x days in discount

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3 years ago
Two companies that operate from the same building have a conflict over the building's basement parking facilities. They fail to
tensa zangetsu [6.8K]

Answer:

b. <u>domination</u>

Explanation:

Domination as a means to conflict resolution is a scenario wherein one of the two parties exercises greater control and power over the other, owing to it's superior position, which affects the decision making of the other party.

Under such a practice, one party assumes control of the situation and forces the other party to submit to it's decisions and abide by it.The weaker of the two parties is forced to adjust in such a scenario.

In the given case, in a conflict between two companies over building parking space, one of them owing to it's superior monetary position i.e paying higher rent, forces the other to make way for it's decision.

In the given case, the words "the other company is forced to.." indicates the exercise of dominance by the first company.

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If you own a small business, which of the following helps with your finances?
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Answer:

C. Accountant

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Read 2 more answers
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