All categories

3 years ago

An increase in consumer desire for strawberries is most likely to:_______________.

1 answer:

4 0

An increase in consumer desire for strawberries is most likely to increase the number of strawberry pickers needed by farmers.

Option 1

<u>Explanation:</u>

Supply can be defined as the availability of services and goods at any given point of time in the market place. Demand is the desire or wants of the consumer to purchase services and goods and their ability to pay for the products.

Whenever the demand for the goods or services increases the supply for the same will increase gradually. Here, increase in the desire of the consumer for strawberries will most likely would increase the number of strawberry pickers needed by farmers.

Because whenever the need for the produce increases there should be an increase in the total number of strawberry pickers for a proper business cycle.

You might be interested in

Prices usually allocate resources efficiently because they allocate:

Arisa [49]

Answer: Option (B) is correct.

Explanation:

Correct Option: Resources to the highest value good or service.

Prices normally are able allocate scarce resources efficiently because they will allocate resources in a better way, so that there can be a full utilization of resources.

If the resources are used efficiently and effectively then this will lead to an optimal utilization of the limited resources.

6 0

3 years ago

Read 2 more answers

Suppose that a 5-year Treasury bond pays an annual rate of return of 2.9%, and a 5-year bond of the fictional company Risky Inve

solniwko [45]

Answer:

The risk premium is 4.4%

Explanation:

The risk premium on any given investment is the difference between the risky investment and the risk free investment and in this case we know treasury bonds are risk free and offer a certain return of coupons because they come from governments rather than the fictional ones like the one from risky investment inc so to find the risk premium we say :

Risk Premium = Risky investment rate - Risk free investment Rate

= 7.3% - 2.9%

= 4.4%

3 0

3 years ago

Read 2 more answers

Consider the following two investment alternatives. First, a risky portfolio that pays a 12 percent rate of return with a probab

zaharov [31]

The risk premium on the risky investment is 5%

<h3>What is investment?</h3>

The dedication of an asset to achieve an increase in value over time is referred to as investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort. The goal of investing in finance is to generate a return on the invested asset.

Income investing is an investment strategy that focuses on constructing an investment portfolio that is specifically designed to generate regular income. The income investing strategy's sole goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which takes into account a variety of factors such as age, financial history, circumstances, and investment objectives.

To know more about investment follow the link:

brainly.com/question/25790997

#SPJ4

5 0

1 year ago

g. You are deriving a gross income multiplier in the appraisal of a 14-unit apartment building. Market data is as follows: 16 un

liubo4ka [24]

The GIM suggested for the 14-unit property is 8.

Data and Calculations:

16 units 12 units 4 units

Selling price $1,200,000 $960,000 $480,000

Gross income $150,000 $120,000 $48,000

Gross Income Multiplier 8 8 10

A 14-unit apartment building's suggested GIM = 8

A property's gross income multiplier (GIM) measures the property value by dividing the property's sale price by its gross annual rental income.

Thus, the GIM suggested for the 14-unit property is <em>8.</em>

Learn more: brainly.com/question/14477119

3 0

2 years ago

Businesses that strongly focus on customer satisfaction tend to: a. be less successful as there is deterioration in the quality

Brut [27]

Answer:

c. transform their current customers into loyal advocates for themselves

Explanation:

Customer satisfaction is the utmost priority of the company. By satisfaction its customers, the company could accomplish its set targets due to which is able to take the competitive advantage so that it could easy for the company for achieving its goals and objectives

The customer satisfaction with the company products when he or she feels that he or she invested the right amount at the right place

So, the company aims to convert its current customers to permanent customers or current customers into loyal advocates

4 0

2 years ago