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kiruha [24]
3 years ago
5

Oil is an important input in producing plastic. If the price of oil increases, all else equal, we expect the supply of: a. plast

ic to be unaffected. b. plastic to decrease. c. plastic to increase. d. oil to decrease.
Business
2 answers:
Bezzdna [24]3 years ago
5 0
B. Plastic to decrease
tia_tia [17]3 years ago
5 0

Answer:

Plastic to decrease

Explanation:

A positive relationship subsists between price and quantity supplied, and a negative relationship subsists between price and quantity demanded.

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In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exch
AnnZ [28]

Answer:

.91 pints of irish beer per pint of Australian beer

Explanation:

As we know that

The exchange rate of

1 AUD = 0.5 pound

Now

In Ireland, 1 beer cost = 2.2 pound

And, in Australia, 1 beer cost = 4 AUD

As 1 AUD = 0.5 pound

so 4 AUD is

= 0.5 × 4

= 2

Now the exchange rate is

= 4 AUD beer cost ÷ 1 beer cost in Ireland

= 2 ÷ 2.2

= 0.91

hence, the real exchange rate is 0.91

7 0
3 years ago
An increase in the government's budget surplus will cause the interest rate to: either increase or decrease. remain the same. in
denpristay [2]

Answer:Decrease

Explanation:

6 0
2 years ago
Businesses are necessary in order to perform which function?
7nadin3 [17]
Businesses are necessary to hire, organize, and supply workers.
8 0
2 years ago
Beasley, Inc., reports the following amounts in its December 31, 2021, income statement.
Fofino [41]

Answer:

$33,000

Explanation:

Preparation of a multiple-step income statement.

Beasley, Inc. Multiple-step Income Statement For the Year Ended December 31, 2021

Sales Revenue$310,000

Less Cost of goods sold ($125,000)

Gross Profit $185,000

($310,000-$125,000)

Salaries expense $36,000

Advertising expense $23,000

Utilities expense $42,000

Less Total Operating Expenses ($101,000)

($36,000+$23,000+$42,000)

Operating Income $84,000

($185,000-$101,000)

Less Interest Expense ($12,000)

Income Before Income Taxes $72,000

($84,000-$12,000)

Less Income Tax Expense ($39,000)

Net Income $33,000

($72,000-$39,000)

Therefore multiple-step income statement is $33,000

7 0
3 years ago
A _____________ is created by a consumer problem, need, or desire. A. Financial prediction B. Company scope C. Competitive analy
TEA [102]
Plz mark as Brainlest
An opportunity is created by a consumer problem, need, or desire. If a certain company or individual sees all those problems of the consumer or their needs and desire, the company sees it as an opportunity to develop or produce a product that will answer this problems.
If u don't understand plz message me if u do plz brainlest me
Thank you for this oppurtunity to answer
4 0
3 years ago
Read 2 more answers
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