Answer: C. shift right/ out because tobacco production will become profitable.
Explanation:
Subsidies reduce the cost of using something because the government would sponsor it. The cost of farming tobacco will therefore reduce in this instance. Tobacco companies will therefore incur less cost to acquire tobacco and so will start making more profit.
This will encourage other firms to come into the tobacco market as time goes on. As more firms enter, there will be a larger supply of tobacco. The supply curve will then shift right to depict this.
Answer:
(B) A good publicity program requires regular contacts with the news media so Ned needs to make them aware of his support.
Explanation:
Without the press being abreast of his(Ned) charitable deeds, they will not be able publicize them.
The purpose of patents is to Encourage innovation by helping firms recoup the costs of research and development.
<h3>What do patents do?</h3>
They are a way to encourage innovation by protecting the rights of the innovator to be the only one to benefit from selling the innovation for a certain amount of time.
This allows the innovator to recoup the amounts they spent on the innovation without worrying about competing with others who will copy the technology.
In conclusion, option B is correct.
Find out more on patents at brainly.com/question/711313.
Answer:
The correct answer is True.
Explanation:
Cost allocations move costs and revenues between cost types, cost centers and cost objects. You can define as many assignments as you need. Each assignment consists of:
- An origin assignment.
- One or more assignment destinations.
The allocation source establishes what costs should be allocated, and the allocation destinations determine where the costs should be allocated. For example, an origin of allocation may be the costs of the type of cost Electricity and Heating. Assign all electricity and heating costs to three cost centers: Workshop, Production and Sales. These cost centers are the allocation destinations.
For each assignment source, you can define an assignment level, a validity period and a variant as a group identifier. You can use a batch job to define filters to select assignment definitions and then run cost assignments automatically.
Answer:
PED = - 1
Explanation:
The PED or price elasticity of demand measures the sensitivity of quantity demanded to changes in price level. It is calculated by taking the percentage change in quantity demanded, which results from a change in price level, and dividing it by the percentage change in price level.
PED = percentage change in Quantity demanded / Percentage change in price
PED = [(800 - 1000) / 1000] / [(12 - 10) / 10]
PED = - 1
