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Anon25 [30]
4 years ago
14

Why do gas prices rise following a hurrincane?

Business
2 answers:
Karo-lina-s [1.5K]4 years ago
4 0
Gas prices rise following a hurricane because they know many people need to evacuate and they think it's the perfect opportunity to make an extra couple bucks.
Roman55 [17]4 years ago
3 0

They usually rise because more people are evacuating the area and a lot of people need gas so gas companies take advantage of this and raise their gas price so they can make a profit off the hurricane.

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Which of the following statements best describes the difference between the USDA’s and the FDA’s responsibilities concerning foo
leva [86]

Answer:A. The USDA ensures save farming and harvesting practices while the FDA monitors what is put on the food labels!

Explanation: I just took it and got it right! Give me brainliest! Have a good day!

8 0
4 years ago
Consider the market for coffee beans. suppose that the prices of all other caffeinated beverages go up 30 percent while at the s
tatiyna

Answer:

a) the equilibrium price may rise or fall but the equilibrium quantity will rise for certain.

Explanation:

For the price there are two forces pushing:

one that the increase in caffeinated beverages prices which requires coffee beans as input increases will make possible to pay more for the coffee beans

But also as the production can increase due to the increase in technology it may be cheaper to produce the coffee bean, pushing the price down.

The net effect of this with no more calculaton is uncertain.

What is clear is that because the product which the coffee eans price increases, there will be more demand for themand will ebe possible to meet it as there is also an icnrease in productivity. This makes the quantity of equilibrium clearly going up.

4 0
3 years ago
Why do you think it is important to choose the correct Business organization
dexar [7]

Not choosing the correct business organization to set up would become very costly for an individual hoping to start operations and this would result in business failure even before the business began operations.

3 0
3 years ago
Sterling Boat Company makes inexpensive aluminum fishing boats. Production is seasonal, with considerable activity occurring in
nataly862011 [7]

Answer:

$585,000

Explanation:

Using high-low method

Variable cost = Total cost (high activity) - Total cost (low activity) / Highest activity unit - Lowest activity unit

Variable cost = 720,000 - 450,000 / 100

Variable cost = 270,000 / 100

Variable cost = 270

Variable cost = Cost - Fixed cost

Now 720,000 = (200) * 2,700 - Fixed cost

- FIxed cost = 540,000 - 720,000

- Fixed cost = -180,000

Fixed cost = 180,000

Now Cost for 150 = 2,700 (150) + 180,000

= 405,000 + 180,000

= $585,000

4 0
4 years ago
You have been asked to calculate the internal rate of return for an investment with the following cash flows, using the Excel IR
agasfer [191]

Answer:

9.92 %

Explanation:

Year 0 = ($500,000)

Year 1 = $200,000

Year 2 = $160,000

Year 3 = $120,000

Year 4 = $80,000

Year 5 = ($40,000 + $25,000) = $65,000

therefore,

the internal rate of return on the investment after 5 years is 9.92 %

4 0
2 years ago
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