1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
max2010maxim [7]
3 years ago
13

Consumers eating higher food costsWith higher gasoline​ prices, the demand for ethanol has increased. Because ethanol is made fr

om​ corn, the price of corn​rose, which in turn increased the prices of bread and chicken in the United States.​Source: USA TODAY​,September​ 6, 2007Explain why the demand for ethanol has influenced the price of chicken.With some of the U.S. corn crop being used to produce​ ethanol, the increased demand for ethanol has raised the price of chicken because ​ _______.A. people have substituted chicken for other​ foods, which has increased the demand for chickenB. corn is used in the production of chicken and the higher price of corn has decreased the supply of chickenC. the cost of producing chicken has​ increased, which decreases the quantity of chicken suppliedD. the decrease in the demand for chicken is less than the decrease in the supply of chicken
Business
1 answer:
Doss [256]3 years ago
4 0

Answer:

B. corn is used in the production of chicken and the higher price of corn has decreased the supply of chicken

Explanation:

Since corn is often what is fed to chikens in order to make them grow, the higher demand on corn for the production of ethanol has made the corn price to go up and with that the cost of production of the chikens has also gone up, this is the correlation that exists between the increased demand of ethanol and the elevation in the cost of chiken.

You might be interested in
The Alpha Division of the Carlson Company manufactures product X at a variable cost of $40 per unit. Alpha Division's fixed cost
zheka24 [161]

Answer:

$70 per unit.

Explanation:

Based on the information given we were been told that the market price of X costs the amount of $70 per unit which simply means that market price exists, based on this the transfer price of X in a situation were each division is been treated as a profit making center will be the market price of $70 per unit.

8 0
3 years ago
Which of the following are criteria for determining whether to record an asset as a fixed asset? a.must be short-lived and tangi
Brut [27]

Answer:

The correct answer is letter "D": must be long-lived and used by the company in its normal operations.

Explanation:

Fixed assets are tangible resources used by a corporation to produce profits. To qualify as a fixed asset, the item can not be consumed or sold in less than one year and be part of the daily operations of the business. Fixed assets are listed on the balance sheet of the company and are subject to depreciation.

Examples of fixed assets include <em>buildings, factories, leasehold improvements, computers, electronic hardware, furniture, automobiles, </em>and <em>construction equipment.</em>

5 0
3 years ago
The Procter &amp; Gamble (P&amp;G) Company produces bar soap, disposable diapers, deodorants, laundry detergents, cookies, cake
Airida [17]

Answer:

Product Mix

Explanation:

Product Mix is defined as the combination of products produced to increase the market share of the company and ultimately the profits for a company. The Procter and Gamble (P&G) Company produces many different products including deodorants, cookies, shampoo, cake mix, disposable diapers, laundry detergents, bar soaps and many other types of products to increase the market share of the company.

3 0
3 years ago
Read 2 more answers
1. If money is deposited in a bank that pay's simple interest of 4.5 %, bow much will have to be deposited to earn $90 of intere
TiliK225 [7]

The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.

Explanation:

The given is,

                       Simple interest of 4.5 %

                       Earn $90 of interest for 8 months​

Step:1

            Formula to calculate the simple interest method,

                                            F=P(1+iN)...................................(1)

           Where,

                           F - Future amount

                           P - Initial investment

                            i - Rate of interest

                           N - Number of years

            From given,

                          i - 4.5%

          Let, X - Initial investment, P = X

                                                      F = P + Interest amount

                                                      F = X + 90

         From the equation (1),

                                           (X+90)=X(1+(0.045)(0.667))

                               (∵ N = 8 months = \frac{8}{12} = 0.667 year )

                                            (X+90)=X(1+(0.03))

                                             (X+90)=X(10.03)

                                             (X+90)=1.03 X

                                                        90=1.03X-X

                                                        90=0.03X

                                                             = \frac{90}{0.03}

                                                             = 3000

                                                  P = X = $ 3000

          From the X value.

                                                   F = P + 90

                                                      = 3000 + 90

                                                  F = $ 3090

Result:

The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.

4 0
3 years ago
Peter is creative and excels with visual presentation. He enjoys working in small groups and in an active work environment. Whic
MArishka [77]

Answer:

Painter

Explanation:

He is creative and active work environment can be in nature for a painter

5 0
3 years ago
Read 2 more answers
Other questions:
  • Charter bank pays a 5.00% nominal rate on deposits, with monthly compounding. what effective annual rate (eff%) does the bank pa
    8·1 answer
  • There are eight parts of the planning phase of an audit. which parts involve the evaluation of​ risk? ​
    9·1 answer
  • PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!
    13·2 answers
  • Which of the following is not a fixed cost? *
    5·1 answer
  • ( By the way, this is a question related to financial accounting.) International Investment Group is looking to invest $95,000 i
    11·1 answer
  • Organizational ___________ is the process by which managers create a specific type of organizational structure and culture so th
    13·1 answer
  • All societies face a trade-off between equality and efficiency.
    14·1 answer
  • El Tapitio purchased restaurant furniture on September 1, 2021, for $35,000. Residual value at the end of an estimated 10-year s
    9·1 answer
  • 17. Which of the following is not a true statement
    13·1 answer
  • Ian loaned his friend $30,000 to start a new business. He considers this loan to be an investment, and therefore requires his fr
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!