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Elenna [48]
3 years ago
5

Vino Tinto Inc. sells a variety of wines but specializes in selling premium red wine. If the company enters into an agreement wi

th a winery in Spain to purchase all the red wine the winery produces, this would be a:
Business
1 answer:
Ne4ueva [31]3 years ago
7 0

If the company enters into an agreement with a winery in Spain to purchase all the red wine the winery produces, this would be a: output contract

<h3><u>Explanation:</u></h3>

An output contract is an arbitration where one party consents to acquire the complete product that the other party accumulates. Thus, the consumer will obtain all the 'output' the trader executes.

Output contracts can be valuable to consumers when there is conjecture about market supply or demand for a distinct good. Output contracts attend the sale of goods, these sorts of contracts are directed by the Uniform Commercial Code. In the fact of output contracts, the U.C.C. claims that both parties to the contract act in real faith.

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Consider an economy with only two goods: bread and wine. In the base year, the typicalfamily bought 4 loaves of bread at $2 per
Inessa05 [86]

Answer:

The CPI for the given year is 123.

Explanation:

Consumer price index (CPI)

=\frac{\textrm{cost at given year}}{\textrm{cost at  base year}}

In the base year, the typical family bought 4 loaves of bread at $2 per loaf and 2 bottles of wine for $ 9 per bottle.

Cost at base year =$[(4×2)+(2×9)]

                             =$26

In a given year, bread cost $3 per loaf and wine cost $10 per bottle.

Cost at given year =$[(4×3)+(2×10)]

                              =$32

The CPI for the given year is

=\frac {32}{26}\times 100

≈123

4 0
3 years ago
what will most likely still occur when the economy has achieved full employment? a.frictional, seasonal, and cyclical unemployme
topjm [15]
The right answer for the question that is being asked and shown above is that: "<span>c.Frictional, seasonal, and structural unemployment " </span>most likely still occur when the economy has achieved full employment is that <span>c.Frictional, seasonal, and structural unemployment </span>
5 0
3 years ago
True or False: Cutting advertising expenses often causes an erosion of profit
cupoosta [38]

Answer:

So True

Explanation:

8 0
2 years ago
The electric utility rate for a facility during the months of May through October is 4.5 cents per kilowatt-hour for energy, $11
Minchanka [31]

Answer: $11564

Explanation:

Total units consumed for August = 96000

There's a peak demand of 624kw

Also, the May through October is 4.5 cents per kilowatt-hour for energy.

The August electric bill will then be:

= 96000 × 4.5/100 + 624 × 11.50 + 68

= (96000 × 0.045) + (624 × 11.50) + 68

= 4320 + 7176 + 68

= 11564

4 0
2 years ago
Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person
Shtirlitz [24]

Answer:

$300

Explanation:

Given:

Society A

Society B

Society A will pay $140 per unit  

Society B will pay $160 per unit  

Commonly pay $140 for two units produced.

Computation:

Society will pay total amount for the public goods = $160 + $140  

Society will pay the total amount for the public goods = $300

Therefore, $300 Is the total amount paid by society.

7 0
3 years ago
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