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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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The answer would be A because they are basically dumping  the product on the other country
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3 years ago
Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for
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Answer:

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Explanation:

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8 0
3 years ago
g Cathy Rogers deposits $200 in currency in her checking account at a bank. This deposit is treated as:
Step2247 [10]

Answer: 4) No change in the money supply because the $200 in currency has been converted to a $200 increase in checkable deposits

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All that has happened is that Ms. Rogers took her $200 which was already in circulation and part of money supply and deposited it in her checking account. The money is therefore still in circulation, just not in immediate cash.

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4 0
3 years ago
On January 2, 20X1, Cole Co. signed an eight-year noncancelable lease for a new machine, requiring $15,000 annual payments at th
zvonat [6]

Answer:

Cole should record amortization expense for the leased machine at $9,000.

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7 0
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5 0
3 years ago
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