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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.

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Garcia Co. sells snowboards. Each snowboard requires direct materials of $122, direct labor of $52, and variable overhead of $67
lianna [129]

Answer:

$336.60 per unit

Explanation:

The computation of selling price per unit is given below:-

For computing the selling price per unit first we need to follow some steps which is shown below:-

Total fixed costs  = Fixed overhead costs + Fixed selling and administrative costs

= $679,000 + $114,000

= $793,000

Fixed cost per unit  = Total fixed costs ÷ Number of units expected to be produced

= $793,000 ÷ 12,200

= $65 per unit

Total costs per unit  = Direct materials + Direct labor + Variable overhead + Fixed cost per unit

= $122 + $52 + $67 + $65

= $306

Now,

Selling price per unit  = Total cost per unit × (1 + Markup)

= $306 × (1 + 10%)

= $306 × 1.1

= $336.60 per unit

7 0
4 years ago
A good rule is to spend no more than 25-30% of your _______ income on housing.
erica [24]
<span>A good rule is that you will sno more than 25 - 30% of your gross income. You ought to spend close to 30 percent of your pay on lodging. You may hear that dependable guideline from a monetary counselor or parent, a landowner or bank. It's implanted in online spending adding machines and government approaches. The standard business proposal for contract installments is that close to 30 percent of your gross salary ought to go to your regularly scheduled installments.</span>
5 0
3 years ago
Read 2 more answers
Identify the change in the parent function that will produce the related function shown as a dash line. f(x)= √ x
hichkok12 [17]

Answer:

g(x) = 2 + \sqrt x

<em>Translate the parent function, 2 units upward</em>

Step-by-step explanation:

Given

f(x) = \sqrt x

See attachment for the graph

 

Required  

Determine the change in f(x) that gives the dashed line

Let the dash line be represented with g(x)

From the attachment, there is only one transformation from f(x) to the g(x).

When f(x) is translated 2 units vertically upwards , it gives g(x); the dash line.

If

f(x) = \sqrt x

Then g(x) is:

g(x) = 2 + f(x)

g(x) = 2 + \sqrt x  

5 0
3 years ago
Match the Steps in the Compliance Program from the U.S. Sentencing Commission Guidelines. Identify the order in which the steps
uranmaximum [27]

Answer:

The following are the order in which the steps are taken in regards to the Compliance Program from the US Sentencing Commission Guidelines:

7. Establish standards and procedures.

1. Encourage employees to report violations.

6. Delegate decision-making authority only to ethical employees.

3. Improve program after violations.

2. Enforce standards consistently and fairly.

5. Train employees on standards and procedures.

4. Assign upper-level managers to be in charge.

Explanation:

6 0
3 years ago
Assume you borrowed $100,000 at a fixed rate of 7 percent for 30 years to purchase a house. If the inflation rate is 3 percent,
nikitadnepr [17]

Answer:

(A) less

Explanation:

Given a positive inflation rate, the real value of the dollar will depreciate by the rate of inflation annually.

Thus, for a house that cost $100,000 today, given a 3% inflation rate, it would cost (100,000 * 1.03 = ) $103,000 after a year.

This means, $100,000 today will have the same value as $103,000 one year later.

Therefore, repayments, which will likely be a fixed sum every year, will have a lower purchasing power as the year progresses.

6 0
3 years ago
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