The discovery of natural gas in the American Midwest should lead to an <u>increase</u> in the price of land because of an <u>increase in </u><u>demand</u> for the land.
The law of demand and supply explains how demand and supply are related to each other and how that relationship affects the price of goods and services. As the law explains that when demand for a product increases, and when supply is limited, so in this situation prices tend to rise.
Here, by the discovery of natural gas in the American Midwest, the prices of the land increased, this happened because of an increase in demand for the land. So when demand increased the price also increased.
Hence, the relationship between demand and supply is it important.
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Answer:
The differential cost = $8.55
Explanation:
When there is a contrast between the cost of two alternatives to decide to process further or not, it is termed as a differential cost. Company uses the differential cost concept when there are more than one products to produce.
Here, the company has two products - Product J and Product D. Product J is selling currently with a cost of $15.75. If the company wants to produce Product D, they need additional $8.55 cost. Therefore, $8.55 is the differential cost of producing product D.
The answer is spendthrift clause. It is a trust that is produced for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary usually cannot reach the money in the trust, and the funds are not actually under the control of the beneficiary. Also, it prevents the beneficiary's reckless spending of benefits.
Hello,
I believe your answer would be "two strengths one threat"
Thanks,
Answer:
-$50
Explanation:
Calculation to determine your total profit on this investment
Total profit = 1 × 100 × ($.50 - $21+ $20)
Total profit = 100×(-$0.5)
Total profit = -$50
Therefore your total profit on this investment is -$50
