Answer:
Crops would enjoy a longer planting season, and commodity prices would go down
Explanation:
Answer:
$3 less
Explanation:
Sales value after processing into refined sugar = $77
Cost of processing into refined sugar = $41
Profit per unit from refined sugar = $77 - $41 = $36
Profit per unit before processing of beet juice = $39
Hence, the company makes $3 less ($39 - $36) if it processes the beef juice into refined sugar than selling as it is. It is advisable not to spend resources on conversion of beet juice into refined sugar but instead to sell as it is.
Retail items known for their unplanned purchases and, therefore, kept near the checkout counters, such as candy, chocolate, magazines, novelties, snacks.<span>
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Answer:
other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee.
Explanation:
This question is incomplete. Please check the attached image for a complete question.
A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.
The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.
I hope my answer helps you
Resource pricing is important because resource prices are a major determinant of money incomes.
The greater the call for, the higher the charge, and vice versa. when demand is excessive, only the companies willing to pay the fee get the resources, and they will best be able to afford the sources via generating worthwhile products or services that clients are inclined to pay better expenses for.
The pricing of natural resources at stages that reflect their blended economic values and environmental values.
Adjustments in useful resource fees have an effect on the price of manufacturing. A higher price approach higher price and a decreased price method lower the cost. changes in manufacturing fees then affect the prices that dealers are willing to just accept to promote goods and services, which in the end influences the general rate level.
Learn more about Resource pricing here: brainly.com/question/24266033
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