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Gnom [1K]
2 years ago
13

One autumn, the weather is perfect for growing pumpkins, and the pumpkin crop is much larger than usual. Meanwhile, when hallowe

en approaches, jack-o'-lanterns turn out to be less popular than in prior years. Instead, consumers spend more on costumes. What will happen to the price of pumpkins around halloween, compared with last year?
Business
1 answer:
valentina_108 [34]2 years ago
5 0

Answer: Price of pumpkins will fall compared to last year.

Explanation: Favorable weather leading to a larger crop than usual means that there is more supply of pumpkins this year than before.  Shifting the supply curve down to the right. At the same time, when people switch away from jack-o'-lanterns towards buying more costumes, it leads to a decline in the demand for pumpkins shifting the demand curve to the left.

The net result will be a decline in the demand for fall in the price of pumpkin. However, the effect on the quantity cannot be determined as it depends on the magnitude of shift in the two curves.

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how much time does a bike with an acceleration of 2ms2 takes to increase its velocity from 10ms-2 to 30ms-2​
aniked [119]

Answer:

Time, t = 10 seconds.

Explanation:

<u>Given the following data;</u>

Initial velocity, u = 10 m/s

Final velocity, v = 30 m/s

Acceleration, a = 2 m/s²

To find the time, we would use the first equation of motion;

v = u + at

Where;

  • v is the final velocity.
  • u is the initial velocity.
  • a is the acceleration.
  • t is the time measured in seconds.

Making time, t the subject of formula, we have;

t = \frac{v - u}{a}

Substituting into the equation, we have;

t = \frac{30 - 10}{2}

t = \frac{20}{2}

<em>Time, t = 10 seconds.</em>

4 0
2 years ago
Firms A and B plan to collude in an economy for their similar​ products, which includes the grim strategy for punishment. They p
denis-greek [22]

Answer: C. Firm A reduces the price to​ $7 causing Firm B to reduce its price to​ $4.50.

Explanation:

Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the​ long-run, then Firm A will reduce the price to​ $7 causing Firm B to reduce its price to​ $4.50.

Since Firm A reduces the price to​ $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.

3 0
2 years ago
How do you do you do a budget​
givi [52]

Note your net income

The first step in creating a budget is to identify the amount of money you have coming in. Remember to subtract your deductions, such as for Social Security, taxes, 401 and flexible spending account allocations, when creating a budget worksheet. Your final take-home pay is called net income, and that is the number you should use when creating a budget.

Track your spending

It’s helpful to keep track of and categorize your spending so you know where you can make adjustments. Doing so will help you identify what you are spending the most money on and where it might be easiest to cut back. Begin by listing all your fixed expenses. These are regular monthly bills such as rent or mortgage, utilities or car payments.

It’s unlikely you’ll be able to cut back on these, but knowing how much of your monthly income they take up can be helpful.

Set your goals

Long-term goals, such as saving for retirement or your child’s education, may take years to reach. Remember, your goals don’t have to be set in stone, but identifying your priorities before you start planning a budget will help.

Make a plan

With your fixed expenses, you can predict fairly accurately how much you’ll have to budget for. Use your past spending habits as a guide when trying to predict your variable expenses. You might choose to break down your expenses even further, between things you need to have and things you want to have.

Adjust your habits if necessary

Once you’ve done all this, you have what you need to complete your budget. Having documented your income and spending, you can start to see where you have money left over or where you can cut back so that you have money to put toward your goals. Want-to-have expenses are the first area to look for spending cuts. Try adjusting the numbers you’ve tracked to see how much money that frees up.

Lastly, if the numbers still aren’t adding up, you can look at adjusting your fixed expenses. You might be surprised at how much extra money you accumulate by making one minor adjustment at a time.

Keep checking in

Whatever the reason, keep checking in with your budget following the steps above.

3 0
3 years ago
Read 2 more answers
Identify which control activity is violated in each of the following situations, and explain how the situation creates an opport
Inessa05 [86]

Answer:

1. Once a month, the sales department sends sales invoices to the accounting department to be recorded.

⇒ documentation procedures

Unless all of the company's sales take place only once a month, sales should be recorded as soon as possible. Accounting records must be as precise and accurate as possible, and they must be processed on time. Stacking invoices makes no sense, since sales might be on cash or the collection period might be very short. Who holds the money until the sales records are made?

2. Leah Hutcherson orders merchandise for Rice Lake Company; she also receives merchandise and authorizes payment for merchandise.

⇒ segregation of duties

One single person cannot be responsible for the whole process, since this creates a huge opportunity for fraud. Imagine if the person in charge of the inventory is also in charge of making new purchases, paying for them and reporting ending inventory. No company would be able survive one year, while the person in charge would get rich.

3. Several clerks at Great Foods use the same cash register drawer

⇒ establishment of responsibility

If everyone is allowed to collect money, no one can be responsible for any loss.

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3 years ago
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