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Anestetic [448]
3 years ago
15

A study conducted by Yahoo! revealed that chocolate is the most popular flavor of ice cream in America. Now, Suppose a severe dr

ought in the Midwest causes dairy farmers to reduce the number of milk-producing cattle in their herds by a third. These dairy farmers supply cream that is used to manufacture chocolate ice cream. Indicate the possible effects on demand, supply, or both, as well as the equilibrium price and quantity of chocolate ice cream.
a. The demand curve for chocolate ice cream
a. does not shift
b. shifts to the left
c. shifts to the right
b. The supply curve for chocolate ice cream
a. shifts to the left
b. does not shift
c. shifts to the right
c. The equilibrium price of chocolate ice cream
a. could increase or dereease.
b. decreases.
c. increases
d. The equilibrum quantity of chocolate ice cream
a. decreases
b. increases.
c. could increase or decrease.
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
3 0

Answer:

a. does not shift

b. shifts to the left

c. increases

a. decreases

Explanation:

As a result of the drought affecting the supply of cream, the supply of chocolate would fall. As a result, the supply curve would shift to the left. The demand curve would remain unchanged.

As a result of the leftward shift of the supply curve, the equilibrium price would increase and quantity would fall.

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luda_lava [24]

Answer:

The Highest interest rate you can earn on a passbook savings account is 5%

Explanation:

According to the research of 5 Financial institutions in New York the Annual Percentage Yield of a Passbook savings account goes from 1% to 5%.

Bank                                         APY

Apple Bank for Savings          0.10

Emigrant Bank                  0.40

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5 0
4 years ago
What term did Karl Marx use to describe the dissatisfaction and unrest felt by workers when they are separated from the ownershi
AVprozaik [17]

Answer:

"alienation"

Explanation:

Karl Marx was a German philosopher born in Trier, Germany on May 5, 1818. According to my research on studies by Karl Marx, I can say that based on the information provided within the question the term used to describe this is called "alienation".

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
If fixed costs are $240,000, the unit selling price is $36, and the unit variable costs are $20, what is the break-even sales (u
Nina [5.8K]

The break-even sales (units) is 15000;

240000/(36-20)

At this moment, fixed and variable costs will be completely covered by sales revenue (income).

Be = FC/(SP - VC) FC = fixed costs SP = sale price VC = variable costs

More about break-even sales:

The revenue level at which a company makes no profit is known as break even sales. This sales quantity completely offsets all of the variable costs related to the sales as well as the underlying fixed costs of a business.

Knowing the break even sales level gives managers a benchmark for the minimal volume of sales that must be produced throughout each reporting period to prevent losses.

For instance, the break even level can be used to reduce fixed expenses to meet the anticipated level of future sales if a business slump is anticipated.

Learn more about break-even sales here:

brainly.com/question/13770712

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6 0
2 years ago
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
zloy xaker [14]

Answer:

A

Explanation:

In this case the rate that allows you to bring annual disbursements to a single value is the IRR (internal return), in this case 22.64%

8 0
4 years ago
"11 Item 11Item 11 The following events took place at a manufacturing company for the current year: (1) Purchased $95,000 in dir
Naily [24]

Answer:

The the value of the ending Finished Goods Inventory $24,628,50

Explanation:

See attached file

5 0
3 years ago
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