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geniusboy [140]
4 years ago
13

A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied;

conversely, especially good weather would shift the __________________ A) demand curve to the right
B) supply curve to the left
C) supply curve to the right
D) demand curve to the left
Business
1 answer:
Dvinal [7]4 years ago
5 0

Answer:

The correct answer is option C.

Explanation:

A drought adversely affects the production of crops causing the supply of agricultural products to decline. Because of the decline in supply, the supply curve for agricultural products will shift to the left. This implies that at any given price, a quantity lower than earlier will be supplied.  

Good weather, on the other hand, positively affects the production of crops. This causes supply to increase. As a result, the supply curve will shift to the right, implying, an increase in the quantity supplied at each price level.

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Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv
brilliants [131]

Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr  $13,931

                To Allowance for doubtful debts $13,931

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% - $2,921

= $13,931

b. a. Bad debt expense A/c Dr  $17,722

                To Allowance for doubtful debts $17,722

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% + $870

= $17,722

5 0
3 years ago
Abroad Standard, Inc. (ASI) Abroad Standard, Inc. (ASI), sells its products through the Internet. Erica is one of the biggest bu
UkoKoshka [18]

Answer:

D. customer service

Explanation:

Erica has kept on doing business with Abroad Standard, Inc. on a consistent basis which shows that she has overtime, gained satisfactory levels of dealings and thus, kept dealing with the said company. Customer service is thus, not one of the environmental forces that ASI needs to be mindful of with regard to the use of technology.

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3 years ago
Arielle, a successful banker and educator, has decided to retire, but she is very interested in staying involved with a company
earnstyle [38]

Answer:

overall strategic goals and approval of major decisions.

Explanation:

A board of directors are people that are selected to make decisions that are beneficial to shareholders and to ensure that the management of the organisation acts in the best interest of shareholders.

Directors asses the performance of the management and make major decisions such as acquisitions, issuing of new shares, company liquidation, and dividend declaration.

So Arielle will be involved in approval of major decisions and attainment of business goals as a member of the board of directors.

3 0
3 years ago
___ of breaches are caused by stealing a password
Svet_ta [14]

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3 0
3 years ago
The weekly profit of a company is modeled by the function w = –g2 + 120g – 28. The weekly profit, w, is dependent on the number
FromTheMoon [43]

Answer:

120 gizmos.

Explanation:

We have been given that the weekly profit of a company is modeled by the function w =-g^2+120g-28. The weekly profit, w, is dependent on the number of gizmos, g, sold. The break-even point is when  w=0.

To find the number of gizmos the company must sell each week in order to break even, we will substitute w=0 in profit function as:

0 =-g^2+120g-28

-g^2+120g-28=0

Now, we will use quadratic formula to solve for g.

g=\frac{-120\pm\sqrt{120^2-4(-1)(-28)}}{2(-1)}

g=\frac{-120\pm\sqrt{14400-112}}{-2}

g=\frac{-120\pm\sqrt{14288}}{-2}

g=\frac{-120\pm 119.53242237987}{-2}

g=\frac{-120-119.53242237987}{-2}\text{ or }g=\frac{-120+119.53242237987}{-2}

g=\frac{-239.53242237987}{-2}\text{ or }g=\frac{-0.46757762013}{-2}

g=119.76621118\text{ or }g=0.2337888

g\approx 120\text{ or }g\approx 0.23

We will take the larger value for the number of gizmos.

Therefore, the company must sell 120 gizmos each week in order to break even.

5 0
3 years ago
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