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Nataly_w [17]
3 years ago
9

The supply and demand for copper change constantly. new sources of copper are discovered, mines collapse, workers go on strike,

products that use copper wax and wane in popularity, weather affects shipping conditions, and so on. suppose you learned that growing political instability in chile (the largest producer of copper) would greatly reduce the productivity of its mines in two years. how will this affect the price of copper in two years? given this future change in price, would a reasonable person buy copper to store for later? (ignore storage costs.)
Business
1 answer:
olasank [31]3 years ago
8 0

If there is an expected shortage of copper, you would expect that the price of copper would go up. The law of supply and demand would say that as a resource becomes more scarce, the price would increase.

In this case, a person would want to buy and store copper for the future.

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A savings account earns 8% interest. If $1,000 is invested, how many years is it until each of the following amounts is on depos
guapka [62]

Answer:

a. 4 years

b. 19 years

c. 19 years

d. 25 years

Explanation:

The number of years, n is calculated for each future value as follows :

a. $1,360

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $1,360

n = ?

Using a Financial Calculator, the number of years, n is 3.9953 or 4 years

b. $2,720

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $2,720

n = ?

Using a Financial Calculator, the number of years, n is 13.00 or 13 years

c. $4,316

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $4,316

n = ?

Using a Financial Calculator, the number of years, n is 19.00 or 19 years

d. $6,848

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $6,848

n = ?

Using a Financial Calculator, the number of years, n is 24.9991 or 25 years

3 0
3 years ago
Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6;
tresset_1 [31]

Answer:

Contribution per unit of scare resource (in hour) = $24 per hour

Explanation:

The question falls under the limiting factor analysis

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that </em><em>it maximizes the contribution per unit of the scare resource.</em>

Therefore Santario Company should allocate the machine hours to maximize the contribution per unit of machine hour.

Contribution per unit of scare resource is determine as follows:

Contribution per unit of scare resource for Model K-3

Contribution per unit of Model K-3 = $6

Machine time per unit =  15 minutes

<em>Contribution per unit of scare resource in minutes</em>

=Contribution per unit/Machine time per unit

= 46/15 minutes

= $0.4 per minute

Contribution per unit of scare resource (in hour)

$0.4 per minutes× 60

= $24 per hour

7 0
2 years ago
Chipman Sofware recently reported the following amounts in its unadjusted trial balance at its year-end:
gregori [183]

Answer:

What is allowance for doubtful debt?

This represents management's estimate of the amount of accounts receivable that will not be paid by customers. They are amount owed by debtors, whose likelihood of collection is not certain.

1 Bad debts expense Dr   ($18,000 × 0.25%)  $45  

              To Allowance for Doubtful Accounts $45

(Being the bad debt expense is recorded)

2.  Bad debts expense $45        

          ($72 - $27)

              To Allowance for Doubtful Accounts   $45

(Being the bad debt expense is recorded)

3 Bad debts expense    $105      

           ($72 + $33)

           To Allowance for Doubtful Accounts $105

(Being the bad debt expense is recorded)

4 Allowance for Doubtful Accounts $15  

           To Accounts Receivable  $15

(Being the allowance for doubtful accounts is recorded)

Learn more about allowance for doubtful debts here : brainly.com/question/25687295

Explanation:

4 0
2 years ago
When must you sign a deposit slip?
lesya [120]
I believe the answer is: B. <span>You only need to sign a deposit slip when receiving cash.

Deposit slip would be filled with a list of cash and cash equivalent that you give to bank teller to be added to your bank account.
Most bank provide the services which allow you to take small percentage of your deposited check in the form of cash. When doing this, you need to sign it as a form of authorization.</span><span />
4 0
3 years ago
Read 2 more answers
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Vlada [557]

Answer:

Ans. (1) For preparing vaccines, in olden days,microbes were injected in the bodies of horses ormonkeys. These laboratory animals used to makeantibodies to defend these microbes. Antibodies areproteins which can act against the disease-causinggerms. These antibodies were extracted from theblood of these animals and were used as vaccines.(2) Now-a-days with the advent of biotechnology,the vaccines are manufactured in laboratories withthe help of bacteria. For this purpose, a detailedstudy of the disease causing germ is undertaken.The genes and the DNA of such microbes arethoroughly explored. Then based on thisinformation, proteins which can act against suchmicrobes are synthetically prepared in thelaboratories. The safe vaccine is produced in such away which can defend the body against infections.3) Some types of vaccines are prepared from theextracts of germs. These germs or microbes aredeactivated and made dormant. When they areinjected in the body of a person, they initiate thedefending action. The body of such vaccinatedperson, already develops the antibodies in his or herbody. When in future, this person is again attackedby similar germs the defence starts immediately andthe person does not become sick.Ans. (1) For preparing vaccines, in olden days,microbes were injected in the bodies of horses ormonkeys. These laboratory animals used to makeantibodies to defend these microbes. Antibodies areproteins which can act against the disease-causinggerms. These antibodies were extracted from theblood of these animals and were used as vaccines.(2) Now-a-days with the advent of biotechnology,the vaccines are manufactured in laboratories withthe help of bacteria. For this purpose, a detailedstudy of the disease causing germ is undertaken.The genes and the DNA of such microbes arethoroughly explored. Then based on thisinformation, proteins which can act against suchmicrobes are synthetically prepared in thelaboratories. The safe vaccine is produced in such away which can defend the body against infections.3) Some types of vaccines are prepared from theextracts of germs. These germs or microbes aredeactivated and made dormant. When they areinjected in the body of a person, they initiate thedefending action. The body of such vaccinatedperson, already develops the antibodies in his or herbody. When in future, this person is again attackedby similar germs the defence starts immediately andthe person does not become sick.

3 0
2 years ago
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