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4 years ago

After a hurricane in florida destroys half of the orange crop, economists predict:

Business

1 answer:

Lady bird [3.3K]4 years ago

7 0

Answer: Increase in Price of orange and a decrease in quantity sold of Orange.

Explanation:

After a hurricane in Florida destroys half of the orange crop, as a result the supply of oranges will fall shifting the supply curve up to the left. This will increase the price of oranges and decrease the quantity sold of oranges. Thus, the economists predict an increase in price of oranges and a decrease in the sale of oranges.

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Olongapo Sports Corporation is the distributor in the Philippines of two premium golf balls-the Flight Dynamic and the Sure Shot

lesya [120]

Increase in contribution margin = P 183,750×45.9% = P84,341.25.

Gross margin and gross margin both consider the profitability of businesses of all sizes. The difference between them is that gross margin compares profits and sales in dollars, whereas gross margin compares costs and sales. To calculate profit margin, start with gross profit, which is the difference between sales and COGS. Then find the percentage of sales that equals the gross profit.

Margin is the down payment you make for the total cost of your home. Lenders will only finance up to 75-90% of the total cost of the property, leaving the rest as margin. Lenders see this upfront payment as a sign of commitment, and large payments reduce lending risk.

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6 0

1 year ago

Wild plus, a television channel dedicated to wildlife, wanted to promote its new wildlife adventure series. the series was given

Sliva [168]

Answer:

D) public relations

Explanation:

In marketing, public relations refers to a company's efforts to carry out a series of programs and activities designed to improve the company's image and the image of the products or services that it offers.

In this case, the coverage provided by newspapers and television is not advertisement, it is part of a public relations efforts designed to make the public aware of the channel's environmental approach.

5 0

3 years ago

An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ

mixas84 [53]

Answer: Option B and C

Explanation: In simple words, oligopoly refers to the market structure in which there are few firms operating at a huge level and selling products that are close but not absolute substitutes of each other.

The high level of investment and too much of legal formalities makes it difficult to entry in such industries. Firms in such industries produce identical goods thus they do not compete in the amaretto with respect to price.

the firms operate their market on the basis of non price factors such as advertisements but still are mutually interdependent on each other as a minor decrease in price of other can deregulate the demand in the whole industry. Automobile sector is one the primary examples of oligopoly.

8 0

3 years ago

Scenario

ankoles [38]

Answer:

Better Beans Coffee Company

1. Two markets that have the highest net revenue increases when adding a second store are:

B. Los Angeles and Orlando

2. The two markets that should be choose for a second market are:

E. Los Angeles and Houston

Explanation:

a) Data and Calculations:

Existing Revenue Second Cannibalization Revenue Net Revenue Store Store Estimate Drop Due Increase from

Estimate Cannibali- Market

(Second Store

Revenue

Cannibalization)

Los Angeles 4,050,000 $2,677,500 5% $202,500 2,475,000

Houston 1,950,000 1,522,500 5% 97,500 1,425,000

Orlando 2,800,000 2,175,000 25% 700,000 1,475,000

Atlanta 2,240,000 1,695,000 30% 720,000 975,000

Chicago 2,150,000 1,735,000 40% 860,000 875,000

San Diego 1,900,000 1,505,000 20% 380,000 1,125,000

Portland 1,500,000 1,050,000 20% 300,000 750,000

Dallas 2,450,000 1,702,500 45% 1,102,500 600,000

Boston 3,150,000 2,177,500 35% 1,102,500 1,075,000

b) Cannibalization results from the reduction in sales revenue when a company introduces another similar product or store in an existing market. Before making decisions based on cannibalization, management should study the market dynamics and set measurable criteria for making the choice to go for cannibalization or preservation of an existing market. One of the best criteria for deciding on cannibalization is the net revenue from the second product or store after cannibalization.

8 0

3 years ago

Which of the following best defines " medium of exchange

tatuchka [14]

The answer would be:
A. something with a fixed value that we use for exchange

I hope this helps! :D

5 0

3 years ago