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
solmaris [256]
4 years ago
12

Suppose there an increase in production cost decreases the supply of wheat, such that less wheat is supplied at each price level

. After the decrease in supply, the equilibrium price
A. Increases
B. Decreases
C. Stays the same

Business
1 answer:
pickupchik [31]4 years ago
8 0
Increases. hope this helps
You might be interested in
Sheldon company began year 1 with $1,200 in its supplies account. during the year, the company purchased $3,400 of supplies on a
Anna007 [38]

Answer:

Sheldon's financial statements for year 1 would show:

Supplies Inventory = $1,400

Supplies Expense = $3,200

Account Payable = $400

Explanation:

Supplies Account balance at beginning of the year = $1,200

Purchase during the year = 3,400

Payment during the year = $3,000

Supplies counted at end of the year = $,1400

Supplies used in the year 1 = 1200 + 3400 -1400 = $3,200

Account Payable at the end of year = 3,400 - $,3000 = $400

6 0
3 years ago
BR Company has a contribution margin of 40%. Sales are $312,500, net operating income is $25,000, and average operating assets a
alexdok [17]

Answer:

A 12.5%

Explanation:

Given that:

Contribution margin = 40%

Sales = $312,500

Net operating income = $25,000

Average operating assets = $200,000

The formula for return on investment is

= Net operating income ÷ Average operating assets

= $25,000 ÷ $200,000

= 12.5%

Therefore, the company's net return on investment is 12.5%

4 0
3 years ago
Which of the following is concerned with the effect of exchange rate changes on individual transactions, most of which are short
castortr0y [4]

Answer: Transaction exposure

Explanation:

Transaction exposure, is a form of foreign exchange risk that is faced by the organizations that take part in international trade. It occurs when the fluctuation in exchange rate change a contracts value before it is settled.

It is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within a few weeks or months.

6 0
3 years ago
When Greenway,Inc.sells 48,000 units,its total fixed cost is $115,200.What is its total fixed cost when it sells 54,000 units?
zvonat [6]

Answer: B) $115,200

Explanation:

Fixed costs are by definition fixed which means that they do not change as a result of a change in production level. This means that where Greenway sells 48,000 units or 54,000 units or even 0 units, the company would still incur the same fixed cost of $115,200.

The costs that change as a result of production level change are called Variable costs.

5 0
3 years ago
Alex sees that his neighbors' lawns all need mowing. He offers to provide the service in exchange for a wage of $20 per hour. So
Flura [38]

Answer:

A) rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.

Explanation:

One of economics basic premises is that human beings are rational and act on self interest. That describes both the behavior of consumers who will always try to maximize their benefits at the lowest possible cost, and entrepreneurs like Alex who will try to increase their wealth by identifying and satisfying other people's needs and wants.

6 0
3 years ago
Other questions:
  • A company hires you to develop a linear regression forecasting model. Based on the company's historical sales information, you d
    6·1 answer
  • Powell Company began the Year 3 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retain
    14·1 answer
  • On January 1, a machine with a useful life of five years and a residual value of $5,000 was purchased for $25,000. What is the d
    11·1 answer
  • Amy notices that her credit card company has charged too high an interest rate for delayed payment this month. which law protect
    8·2 answers
  • Vernon is a cash basis taxpayer with a calendar tax year. on october 1, 2016, vernon entered into a lease to rent a building for
    8·1 answer
  • There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea
    10·1 answer
  • Western wear has net working capital of $5,200, net fixed assets of $128,000, sales of $114,000, and current liabilities of $9,8
    11·1 answer
  • Which type of website would be most useful for a high school student who is creating a career plan?
    11·2 answers
  • Question Workspace Check My Work You have savings of $100. You plan to save another $100 at the beginning of each year for 5 yea
    14·1 answer
  • Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!