1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harina [27]
3 years ago
13

Washington state had a bumper apple crop this year, significantly increasing the supply of apples in the U.S. Given this informa

tion, choose the statement that correctly describes the effect on the U.S. apple market.
Business
1 answer:
V125BC [204]3 years ago
4 0

Answer:

the quantity of apples demanded will increase as the price of apples falls

Explanation:

When a supply of a certain product is increased, there amount of that product in the seller's storage tend to become abundant.  To make the customers choose to buy the product from them instead of their competitors, most sellers will reduce the price of this product.

Since the price of the product falls, more customers will be able to afford the product with their current disposable income. This is the reason why the quantity of the demand will increase.

You might be interested in
Your healthy 63-year-old neighbor is about to retire and comes to you for advice. From talking with her, you find out she was pl
pashok25 [27]

Answer:

Both mutual funds and money market funds are similar in the sense that they pool money from several investors in a variety of instruments. The difference is that money market funds pool the money in very liquid, short-term securities, while mutual funds do the same but in less liquid, longer-term securities.

The 63-year-old neighbor should therefore split the money around 60/40, 60% of the funds for mutual funds, in order to have long-term security, and 40% in the money market funds, in order to have quick cash available when needed.

5 0
3 years ago
Which of the following countries is on the best terms with North Korea and has demonstrated this in their treatment of 2010 even
AysviL [449]
Hi, 

The answer is China

Over time, China has demonstrated their support to North Korea. In 2010 North Korea attacked with artillery the island of Yeonpyeong, where there were civilians, and South Korea responded by attacking North Korea's artillery. 

Tensions scaled, and although most world governments condemned the attack, China's Ministry of Foreign Affairs didn't explicitly condemn the bombarding by North Korea and only made a call to peace in the Korean Peninsula. 
4 0
3 years ago
On the Border Mexican restaurants all have the same terracotta and turquoise color scheme, with posters of bullfighters and maps
ruslelena [56]

Answer:

The restaurants have a unique ambience, known in legal terms as their

Trade dress

Explanation:

Trade dress protects all elements used to promote a specific service or product. Examples of trade dress include packaging and the atmosphere or décor within a place of business. The term "trade dress" comes from a 1992 court ruling and refers to the way a product is "dressed" to go to market.

3 0
3 years ago
Naomi is sixteen and she would like to open a savings account. Select each of the steps she will need to take.
shtirl [24]
I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.
6 0
3 years ago
Your book describes the increase in the money supply as being analogous to giving people more money. If the output of goods and
SOVA2 [1]

Answer:

<em>Purchasing power parity (PPP): </em>The principle suggests that if the purchasing powers are the same in two different countries, their exchange rates would be in equilibrium.

<em>Happening:</em> When inflation occurs in the US and it occurs more rapidly than in other nations, the currency, the dollar, will be less attractive to other nations. This means that the dollar's exchange rate with the currency of another nation will increase.

Explanation:

Suppose the rate of exchange between pound and dollar is 1 pound= 1.5 dollar before inflation. When inflation happens it may be 1 pound= 2 dollars.

If it has greater buying power, the currency will be demanded more. The US dollar was more requested before inflation, as 1 pound is spent on buying just $1.5. When inflation occurs, the dollar's buying power goes down and it gets less needed. 1 pound is already being spent on that time but to buy more dollars, 2 dollars.

4 0
3 years ago
Other questions:
  • ATT Inc. sells a cordless phone for $ 50 per unit. The unit material cost is $ 10 and unit labor cost is $ 15. The annual manufa
    11·2 answers
  • Courtney is the finance head of a tourism company. Recognizing that the company is hard-pressed financially, she decides to canc
    7·1 answer
  • Mayweather reports net income of $327,500 for the year ended December 31. It also reports $105,400 depreciation expense and a $1
    8·1 answer
  • When patty sloane bought a tidy maid franchise, she became a:?
    9·1 answer
  • Write the multiplier for each increase or decrease of 18%
    7·1 answer
  • Identify the stage of the new product development based on the given scenario.
    15·2 answers
  • A company makes travel umbrellas. Its fixed costs are $1000 a week and its variable costs for one batch of umbrellas are $500 fo
    8·1 answer
  • What is the purpose of a marketing plan?
    13·1 answer
  • Nathan would like to become a doctor but needs help financing his education. Which option could allow Nathan to achieve his goal
    11·2 answers
  • Discuss the concepts of Mean, Median, Mode, and Standard Deviation, including when each should be used, and evaluate the differe
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!