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gayaneshka [121]
3 years ago
15

Ranchers can raise either cattle or sheep on their land. Which of the following would cause the supply of sheep to increase? a d

ecrease in the price of cattle an increase in the demand for cattle an increase in the price of sheep feed an increase in the price of sheep
Business
1 answer:
Dafna1 [17]3 years ago
4 0

Answer:

The correct answer is: a decrease in the price of cattle.

Explanation:

Ranchers can raise either cattle or sheep on their land. They will choose the option which is most profitable. A decrease in the price of cattle will make it less profitable. So ranchers will prefer to raise more sheep.

This will cause the supply of sheep to increase. As a result, the supply curve will move to the right.

An increase in the demand for cattle will increase its price. Consequently, its supply will increase and that of sheep will decrease. An increase in the price of sheep feed will make it costly to raise sheep, so its supply will decrease.  

An increase in the price of sheep will cause its quantity supplied to increase. The supply curve will remain the same.

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Jack is buying the Padillas' home. He makes his offer and in his terms states, he wants all the window treatments, refrigerator,
gogolik [260]

Answer:

c) Counteroffer

Explanation:

A counteroffer determines this when an offer is being created for the purpose of the earlier offer by another person during the negotiation for creating the ending contract. To make the counteroffer is to reject the previous offer and is created under the terms of the counteroffer or there will be no contract.

Here according to the given scenario, Jack makes the offer in the condition that he needs only microwave, refrigerator, and window treatment and this will be a sale part. Now, Padilla who is selling the home is accepting the terms of Jack with the condition that the refrigerator will remain in the home. So, this case is called the counter offer.

5 0
3 years ago
A bank loaned out 19,000 part of it at 6% interest per year and the rest at 14% per year. if the interest recieved in one year t
Ksju [112]
Let x be the part of 19,000 that was loaned out at 6% such that the remaining 19,000 - x was loaned out at 14%. The interest is calculated by the equation,

    I = P x i x n

where P is the principal amount, i is the interest, n is the number of years. Substituting the known values,

   2000 = (x)(0.06) + (19000 - x)(0.14)

The value of x from the equation above is 8250.

Hence, 8,250 was loaned out at 6%. 
6 0
3 years ago
If a population consists of the positive even numbers through 30 aqnd if A= (2,6,12,24), what is A?
blondinia [14]
Um im sorry i tried idk
5 0
3 years ago
A machine would cost $100,000, and would generate revenues of $21,000 per year. However, O&M costs would be $7,000 per year.
fgiga [73]

Answer:

(a) What is the net present value of this potential investment?

Net present value of Investment is $(3,903)

(b) Should you invest in this machine?

We should not invest in this investment because Net present value of this investment is negative by discounting Minimum acceptable rate of return.

Explanation:

Present Values:

Revenue                    $144,146

O&M Cost                  ($48,049)

Initial Investment      <u>$(100,000)</u>

Net Present value     $(3,903)

Working :

Present Value Calculation = P x ( (1- ( 1 + r )^-10) / r

Revenue = $21,000 x ( (1- ( 1 + 0.075 )^-10) / 0.075 = 144,146

O&M Costs = $7,000 x ( (1- ( 1 + 0.075 )^-10) / 0.075 = 48,049

8 0
3 years ago
Read 2 more answers
Which of the following is an example of unearned income?
BaLLatris [955]

Answer:

c

Explanation:

8 0
2 years ago
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