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Leno4ka [110]
3 years ago
5

Suppose that towns collect resources from their surroundings. Then, through trade, they attempt to obtain other desirable items.

Mortarville, an urban town that specializes in brick and ore, wants wood to build roads so that it can expand and connect to other major cities. Mortarville has a willingness to pay $ 50 $50 for wood, since wood is hard for them to obtain. Mayflair also needs wood to build grain silos for their wheat harvests. Mayflair is willing to pay $ 45 $45 for wood. Timber, the only foresting company, sets the price of wood at $ 60 $60 . The change in total surplus that arises due to trades between TIMBER and and the tows is:________.
-less than zero
-equal to zero
-greater than zero
Business
1 answer:
Olin [163]3 years ago
5 0

Answer:

-equal to zero

Explanation:

As the price for wood is above the demand is willing to pay there is no trade.

Either some of the participants will increase their demand and accept the price of 60 dollars; look for another supplier or look into producing for themselves

Also, Timber could lower the prce of wood so trade occurs.

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Answer:

False

Explanation:

The slope of the budget line is the ratio of the prices of that bundle of goods. It represents the price at which a consumer would be willing to substitute one good for the other in the same bundle of goods.

I hope my answer helps you

7 0
3 years ago
County Medical Center received unrestricted contributions of $22,000. The hospital used the contributions to support general ser
umka21 [38]

Answer:

County Medical Center

These unrestricted contributions of $22,000 used to support general services would be reported on the statement of cash flows as:

cash from operating activities.

Explanation:

Unrestricted contributions received by the County Medical Center are funds or other assets given to the Center with no restriction on their use.  Unrestricted contributions are usually directed at the funding of operational expenses, as the County Medical Center demonstrated.  Therefore, they are listed under operating activities in the Statement of Cash Flows.

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3 years ago
Your project is split into two teams across two different continents. They understand the work to be completed, as well as commu
pentagon [3]

Answer:

Your project is split into two teams across two different continents. They understand the work to be completed, as well as communication processes. But they still often argue about how the work should be accomplished and who should make decisions. Given what you know, what is the most likely cause for these issues?

cultural differences

Explanation:

8 0
3 years ago
Which of the following is correct? Group of answer choices Economists study the management of scarce resources. Because economis
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Answer:

Because economists believe that people pursue their best interests

Explanation:

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  • As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.
3 0
2 years ago
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Natalija [7]

Answer:

consultation

Explanation:

Influence Tactics are different methods used by leaders in order to influence their subordinates/employees to move or change their current work direction. Therefore based on this scenario it seems as though Alexis is using a tactic known as a consultation. In the context of the nine generic influence tactics, consultation refers to getting employees to participate in the act of planning and making decisions.

3 0
3 years ago
Read 2 more answers
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