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777dan777 [17]
3 years ago
14

How will a reduction in the price of cotton (a key resource to make jeans) influence the market for blue jeans?

Business
1 answer:
Savatey [412]3 years ago
5 0

Answer:

d. The cost of producing blue jeans will fall, and the supply curve for blue jeans will shift to the right

Explanation:

If the price of cotton falls, the cost of producing blue jeans would fall. As a result of the fall in the cost of production, more producers would be attracted to the industry and production would increase. Increase in supply of blue jeans would shift the supply curve to the right.

I hope my answer helps you

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At a snack booth, one bottle of sports drink, one banana, and two bags of granola cost $7. 50; two bottles of sports drink, two
Marizza181 [45]

The price of one bag of granola is $2.

<h3>What is an Equation</h3>

An equation is an expression that is used to show the relationship between two or more variables and numbers.

Let x represent the number of sport drink, y for banana drink and z for granola drink, hence:

x + y + 2z = 7.5  (1)

Also:

2x + 2y + 2z = 11  (2)

And:

x + 3z = 8.5    (3)

Hence:

x = 2.5, y = 1 and z = 2

The price of one bag of granola is $2.

Find out more on Equation at: brainly.com/question/1214333

3 0
2 years ago
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $ 18,900 Current assets
allsm [11]

Answer:

9.69%

Explanation:

Calculate for the internal growth rate

First step is to calculate the ROA

ROA = $4,819/$38,200

ROA=.1262*100

ROA= 12.62%

Second step is to calculate the plowback ratio b

The plowback ratio, b= 1 – .30

b= .70

Now let calculate the Internal growth rate using this formula

Internal growth rate=(ROA × b)/[1 – (ROA × b)]

Let plug in the formula

Internal growth rate=[.1262(.70)]/[1 – .1262(.70)]

Internal growth rate=.0969*100

Internal growth rate= 9.69%

Therefore the internal growth rate will be 9.69%

3 0
3 years ago
A company incurs costs of $75 ($67 variable and $8 fixed) to make a product that normally sells for $120. A customer offers to b
elena-14-01-66 [18.8K]

Answer:

C : accept the offer because it will produce net income of $12,600.

Explanation:

In this question we have to compare the cost which is presented below:

In the first case

The variable cost would be

= Number of units buys × variable cost per unit

= 4,200 units × $67

= $281,400

And, the selling cost would be

= Number of units sold × selling price per unit

= 4,200 units × $70

= $294,000

So, the difference would be

= $294,000 - $281,400

= $12,600

3 0
4 years ago
Manny hired his brother’s firm to provide accounting services to his business. During the current year, Manny paid his brother’s
Naily [24]

Answer:

$64,000

Explanation:

In order to be deductible, a business expense must be both ordinary and necessary. Being ordinary means that it is a plausible expense for this business, since the expense in question is related to accounting services, it is ordinary. Being necessary means that the expense is the minimum required and is appropriate and helpful to the business. In this case, all of the expense was not required, therefore, only $64,000 (the reasonable market value for the services provided) are deductible.

3 0
4 years ago
In marketing, an organization refers to
adelina 88 [10]

Answer:

the answer is C. a legal entity of people who share a common mission.

7 0
4 years ago
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