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
goblinko [34]
3 years ago
6

You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and

that this will cause the price of peanuts to double by the end of the year. As a result,
a. your demand for peanut butter will increase, but not until the end of the year.
b. your demand for peanut butter increases today.
c. your demand for peanut butter decreases as you look for a substitute good.
d. your demand for peanut butter shifts left today.
Business
1 answer:
TiliK225 [7]3 years ago
6 0

Answer:

b. your demand for peanut butter increases today.

Explanation:

If the price of a commodity would increase at a later date, consumers would increase demand for the good today. Consumers would be willing to buy as much as they can at the lower price. This would shift the demand curve to the right.

You might be interested in
At Fairprice supermarket branches, they provide free fish cleaning services if fish were bought at their premises. Currently, on
Nina [5.8K]

Answer:

4.5minutes

Explanation:

The best mean minutes for fish waiting and cleaning is 4.5 minutes.

As said in the question that, clients request for this service every 8minutes, and it is a worker that is in charge of this service per branch, this means that if the worker is using 4.5 minutes to attend to a client, he or she will still have another 3.5 minutes to prepare for another customer. And this will definitely make the job easier for him or her, which means the worker will not be bombarded with request. And this will make him or her to render the best service to the customers.

5 0
3 years ago
Ms. Jones wants to make 14​% nominal interest compounded quarterly on a bond investment. She has an opportunity to purchase a 12
AlladinOne [14]

Answer:

IF mrs Jones wants to make 14% on the bond this is her required return and what the ytm of the bond should be to make her want to buy the bond. Because the bond pays a coupon of 12% she will want to pay less than the face value of the bond, so that the overall return can be 14%. Whenever the coupon rate of the bond is less than the required return or ytm, the bond is sold at a discount. In order to find at what price should she buy the bond we will need a financial calculator and input the following

FV= 10,000

YTM= 3.5 ( We divide 14 by 4 to find the ytm because the bond has quarterly compounded payments)

PMT= 300 ( We find out the 12% of 10,000 and divide it by 4 because the bond has quarterly payments)

N= 48 (12 years into 4 because there will be a total of 48 quarters and 48 payments)

Put these values in a financial calculator and compute the PV

PV= 8,845

The present value of the bond is 8,845 if the required return is 14% which means she should be willing to pay $8,845 for the bond today.

Explanation:

6 0
3 years ago
PLEASE HELP ME!!!!!!!
marissa [1.9K]
C. Taking your competition seriously.
4 0
3 years ago
Read 2 more answers
Which of the following falls outside of the classification of business expenditures that fall into the category of variable cost
yuradex [85]

The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.

<h3>What is a costs of research and development?</h3>

These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.

Therefore, the correct answer is as given above.

learn more about costs of research and development: brainly.com/question/18685415

#SPJ1

4 0
1 year ago
When the elasticity of demand for a product is __________ the elasticity of supply, consumers pay __________ of the tax on the p
mezya [45]

When the elasticity of demand for a product is smaller than the elasticity of supply, consumers pay majority of the tax on the product.

The way the tax burden is distributed between purchasers and sellers is known as the tax incidence.

The relative price elasticity of supply and demand determines the tax incidence.

Usually, both the producers and the consumers of the taxed goods bear the incidence, or burden, of the tax.

But all we have to do is look at the elasticity of demand and supply to determine which group will be carrying the bulk of the load.

The majority of the tax burden falls on consumers when supply is more elastic than demand.

The majority of the tax burden falls on the producers when demand is more elastic than supply.

The less elastic the demand and supply are, the higher the tax revenue.

Hence, When the elasticity of demand for a product is smaller than the elasticity of supply, consumers pay majority of the tax on the product.

Learn more about elasticity of demand:

brainly.com/question/24961010

#SPJ1

6 0
1 year ago
Other questions:
  • You sit on the board of a public corporation. Your CEO has proposed taking steps to offset the carbon impact of your​ company's
    9·2 answers
  • Jack graduated from enormous state university with a degree in accounting. he was immediately hired as an auditor by beene kount
    14·1 answer
  • What are the tax liability, the marginal tax rate, and the average tax rate for a married couple filing jointly with $51,900 tax
    6·1 answer
  • Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either acce
    14·1 answer
  • What will maximize the amount of interest you earn
    9·1 answer
  • Blossom Company began the year with retained earnings of $390000. During the year, the company recorded revenues of $489000, exp
    14·1 answer
  • In part, a transaction affects the accounting equation by decreasing an asset. There is no effect on liabilities. Which of the f
    14·1 answer
  • On January 1, Year 1, Barrett, Inc., purchased equipment and signed a note agreeing to pay $100,000 on December 31, Year 3. The
    7·1 answer
  • Violet purchased a tract of land for $100,000. She quit her $30,000-a-year job as a postal employee and opened a skeet shooting
    7·1 answer
  • Conclusions and recommendations are the most widely read sections of any report. Conclusions summarize and explain your findings
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!