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sveta [45]
3 years ago
10

Suppose the United States removes the sugar quotas and the market price of sugar drops. Since sugar is an input in chocolate, we

would expect consumer surplus in the chocolate market to
Business
1 answer:
8090 [49]3 years ago
4 0

Answer:

The consumer surplus will definitely increase.

Explanation:

The reason is that the manufacturers have purchased the sugar at a high price and now it is available at a lower price. So this means that the price of chocolate must decrease in the market if the price of material input is fallen. But the chocolate prices will take time to fall and as the result the customer is willing to pay lower prices but he is forced to pay more because the manufactured chocolates include sugar which was bought at a higher price. So the consumer surplus will increase.

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Management can estimate the amount of loss that will occur if the company does not prevail in a currently contested lawsuit. If
RideAnS [48]

Answer:

c. Not accrued Disclosed.

Explanation:

The management has estimated the loss contingency of lawsuit as reasonably possible. The Contingent liability is reasonably possible then it will be disclosed in the Notes to Financial Statements and not accrued in Balance sheet. If the contingent liability is probable then the accrual needs to be made in the Balance Sheet.

8 0
3 years ago
When a data point on a control chart falls above the upper control limit, the process being measured is exhibiting what type of
NeTakaya

The characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation</u><u>.</u>

<u></u>

<h3>What is a special cause variation?</h3>

In statistics, a special cause variation refers to a shift in output caused by a specific factor like environmental factors, input parameters etc

In conclusion, the characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation
</u>

<u></u>

Read more about special cause variation

<em>brainly.com/question/17333354</em>

3 0
2 years ago
HELP PLEASSEE!!
san4es73 [151]

I THINK it's A but i'm not sure

4 0
2 years ago
_____________ systems are designed to deliver smaller shipments of merchandise on a more frequent basis to retailers.
schepotkina [342]

Answer:

C. JIT

Explanation:

it is a methodology aimed primarily at reducing times within the production system as well as response times from suppliers and to customers.

5 0
3 years ago
Measuring the rate of inflation using a market basket that excludes food and energy prices is preferred by some analysts because
Finger [1]

Answer:

gives a better measure of ongoing, sustained price changes.

Explanation:

  • In order to measure the market-based rate of inflation that excludes the food and the energy processes are preferred by some economist as the core inflation that is long price trend and is frequent subject to the change as food and energy. As this index is based on the dynamic consumption basket the economic variables are adjusted by the price defoliator.
7 0
3 years ago
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