Answer:
If Bread and Butter Bakers meet their sales goal, their net profit per month is $11,500
Explanation:
Bread and Butter plans to use 10,000 pounds of flour per month at a price of $2.00 per pound with an additional variable expense per loaf of $1.50. They hope to sell 10,000 loaves of bread.
Total variable expense = 10,000 x $2.00 + 10,000 x $1.50 = $35,000
Total sales = 10,000 x $6.00 = $60,000
Net profit = Total sales - Total variable expense - fixed costs = $60,000 - $35,000 - $13,500 = $11,500
Answer:
The answer is:
1 - Underutilization
2 - Efficiency
3 - Unattainability
Explanation:
Efficiency in economics means a situation in which all resources are optimally distributed to serve each entity in the best way while minimizing waste and inefficiency.
Underutilization in economics is also a a situation in which lesser resources are being utilized than the economy is capable of utilizing.
Unattainability is a situation in which what one to accomplish or achieve is not possible.
1 - Underutilization
2 - Efficiency
3 - Unattainability
Answer:
3. Supply of flour to increase.
Explanation:
The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.
If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.
Answer:
Government often feel that they must increase government expenditures or be voted out of office.
Central banks in developing countries often do not enjoy full independence, and are used by corrupt government to finance deficit spending.
Explanation:
Inflation is the decline in purchasing power of a currency. The increase in inflation lead to less spending. Government increase inflation to cease increased money flow in the country. The prices of goods and services are increase in the country when inflation increases.
A surf board shop for example. If you lived in a place like Ohio you’re not gonna have very many sales because there’s no ocean or surf parks near by. But if you lived somewhere like California you’re sales would be much better.
