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Anna35 [415]
3 years ago
11

Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve for M

atthew’s pies will decrease. b. demand curve for Matthew’s pies will decrease. c. supply curve for Matthew’s pies will increase. d. demand curve for Matthew’s pies will increase.
Business
1 answer:
Luda [366]3 years ago
6 0

Answer:

The answer is: B) demand curve for Matthew’s pies will decrease.

Explanation:

When the cost of a production input increases, the supplier faces higher production costs. Apples are a key input used to produce apple pies, and an increase in the price of apples will increase Matthew's production costs.

If the production costs increase, producing the good or service becomes less profitable, reducing the supply of that good or service. Since Matthew will earn less money from baking apple pies, he is likely to decrease the quantity of apple pies he bakes.

A decrease in the supply will shift the supply curve to the left.

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Developing nations have formed international commodity agreements (ICAs) between leading producing and consuming nations of comm
Stella [2.4K]

Answer: increase the income of farmers in developing nations.

Explanation:

Due to having weaker currencies, a lower standard of living and supplying raw materials, the farmers in developing nations are not paid a lot and so have to produce a significant amount of produce in order to get paid better.

International Commodity Agreements (ICAs), recognize that this is exploitative towards these farmers and so is working to increase the income that these farmers get in line with the fair trade system.

6 0
3 years ago
Me. Gareth owns a toy-manufacturing company. Which of these items in his company is an intermediate good?
kakasveta [241]
Well it is a toy manfacturing company and the intermediate good would be a toy plane
5 0
3 years ago
Read 2 more answers
When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you
Nesterboy [21]

<em>The complete question reads;</em>

When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you choose?

a. tracking work and remaining work at the task level

b. tracking % complete at the task level

c. tracking work at the assignment level

d. tracking % complete at the assignment level

Answer:

<u>d. tracking % complete at the assignment level</u>

Explanation:

Remember, tracking the percent of completion of the assignment level would be indicating an overview of the entire assignment which may be slightly less accurate compared to the other listed options.

Thus, to save time recording progress this is the best viable option.

5 0
4 years ago
Kirova Company has provided the following information: Number of issued common shares, 990,000 Net income, $1,436,500 Number of
Anestetic [448]

Answer:

$1.7

Explanation:

From the question above Kirova company recorder the following information

Number of issued common shares is 990,000

Net income is $1,436,500

Number of authorized common share is 1,000,000

Weighted average income of outstanding common shares is 845,000

Number of treasury shares is 145,000

The formular to calculate the earning per share is

= Net income/Outstanding shares

Net income= $1,436,500

Outstanding shares= number of issued common shares- number of treasury shares

= 990,000-145,000

= 845,000

Therefore, the earnings per share can be calculated as follows

= 1,436,500/845,000

= $1.7

Hence Kirova's earning per share is $1.7

7 0
3 years ago
Suppose a dairy distributor, experiencing approximately constant demand for each sku, ships an average of 200 pallets per day. I
horsena [70]

Answer:

It will take Average of 5 days waiting time in the warehouse.

Explanation:

Inventory per day = 200 pallets

Total occupies pallets = 1,000 pallets

Use following formula to calculate average waiting time in the warehouse

Average wait time spent in warehouse = 1,000 / 200 pallets per day

Average wait time spent in warehouse = 5 days

It will take Average of 5 days waiting time in the warehouse.

3 0
4 years ago
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