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sergiy2304 [10]
3 years ago
5

For more than a thousand years, the Catholic Church required its members to abstain from meat on Fridays. Catholics customarily

ate fish on Friday. After 1966 abstinence from meat on Fridays was no longer required. Consequently, the
a. demand curve for fish shifted to the right.
b. demand curve for fish shifted to the left.
c. demand for meat decreased.
d. price of fish increased
Business
1 answer:
bonufazy [111]3 years ago
4 0

Answer:

Option (b) is correct.

Explanation:

Before 1966, Catholics were restricted from consuming meat on Fridays and they ate fish on Fridays. But after 1966, there were no such restrictions are there and they are free to eat meat on Fridays, now Catholics also consume meat on Fridays.

This will result in an increase in the demand for meat and demand for fish decreases. So, this will shift the demand curve of fish leftwards and demand curve of meat rightwards.

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Investor perception on the risk of bonds will raise their desired return.
faust18 [17]

The statement, investor perception on the risk of bonds will raise their desired return is true.

The higher an investment's risk, the greater its potential returns should be. By contrast, a very safe and low-risk investment should generally offer low returns. So, this investor perception will raise the desired return of the risk of bonds.

Generally, the higher the potential return of an investment, the higher the risk. Thus, there is no guarantee that you will actually get a higher return by accepting more risk. In this matter diversification is useful.

Hence, you can minimize the risk by making sure the company's bond you own is not a high risk company with a high probability of paying back.

To learn more about risk of bonds here:

brainly.com/question/14850768

#SPJ4

3 0
2 years ago
Amy and mike are going to an amusement park. they each bought ice cream, and mike got a soda. amy. y had a $10 coupon to put tow
N76 [4]

We have that

Cost total-------------------------$10 coupon+$30.25=$40.25

<span>ice cream costs                        $1.50*2</span>= -$3

<span>admission cost                        $18*2</span>= -$36

<span>soda cost                                   $X*1</span>= -$X

 $40.25=$3+$36+$X

$X= $ 1.25

a soda costs at the amusement park $ <span>1.25</span>

5 0
3 years ago
Read 2 more answers
1. Reynolds Corporation has the following cost and production information available for the 10,000 units they plan to produce th
serg [7]

Answer:

Explanation:

Total cost per unit <u><em>(Which is calculated by adding up the fixed costs and variable costs and dividing by the overall quantity of units produced.)</em></u> is calculated below:

(20 + 30 + 8 + 13 + 12 + 7)

90

Desired return

20% on 1440000

288000

Per unit 288000/10000.

28.8

Markup on cost

Desired return per unit

28.8

Cost 90

28.8 /90 = 32% on cost

Target sale price

90+28.8

= 118.8

3 0
3 years ago
A $1 per unit tax levied on consumers of a good is equivalent to
Katen [24]

Based on accounting principles, a $1 per unit tax levied on consumers of a good is equivalent to "a $1 per unit tax levied on producers of the good."

This is based on the idea that the market reaches the exact equilibrium price irrespective of who is accountable for paying the money to the government.

In other words, when the government levies a tax on a good, producers are not exempted from the tax levy because that money will be recouped from the producers' sales or revenue.

Hence, in this case, it is concluded that tax on goods is inevitable to consumers and producers.

Learn more here: brainly.com/question/22680521

7 0
2 years ago
please discuss the similarities and differences between transformational and charismatic leadership. Choose an individual that q
Nookie1986 [14]

Answer:

The transformational leaders are bureaucratic and charismatic are people oriented in nature.

Explanation:

  • The charismatic leaders are also called as the transformational leaders and shares various things.
  • Charismatic leaders make their status better and transformational leaders focus on the transformation of the organization's vision. The main difference is the focus and the audience.
  • The charismatic leaders are committed and have engaging personalities like martin Luther king as his speeches were often more tangible than other leaders and used to have a huge influence on the people he met.
  • The charismatic leaders are more emotionally attached to their audience. They work towards an emphasis on the greater good. More people-oriented.

6 0
3 years ago
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