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3 years ago

A farm is currently producing at point C on this curve.

Business

1 answer:

lord [1]3 years ago

8 0

Answer:

the farm would face trade offs in production of apples or oranges

Explanation:

i have a brain and I used it

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Assume milk is used to produce ice cream. Ceteris paribus, a decrease in the price of milk will cause the equilibrium price of i

MariettaO [177]

Answer:

Fall

Explanation:

Milk is an input in the production of milk.

decrease in the price of milk would increase the production of icecream.

An increase in production would lead to an increase in supply of milk.

When supply exceeds demand, equilibrium price drops.

I hope my answer helps you

5 0

3 years ago

Buster Evans is considering investing $20,000 in a project with the following annual cash revenues and expenses: Cash Cash Reven

Lady bird [3.3K]

Answer:

Accounting rate of return= 20%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment. </em>

<em>The simple rate of return can be calculated using the two formula below: </em>

Accounting rate of return

= Annual operating income/Average investment × 100

Average investment = (Initial cost + scrap value)/2

Average profit = Total profit over investment period / Number of years

Total revenue = 8000+12000+ 15000 + 20,000+ 20,000 = 75000

Total expenses= 8000 + 8000 + 9000 +10,000 + 10,000 = 45000

Cash profit = 75,000 - 45,000 = 30,000

Depreciation = 4000× 5 = 20,000

Accounting profit = Cash profit - Depreciation = 30,000- 20,000 = 10,000

Average profit = 10,000/5 = 2,000

Accounting rate of return = 2,000/20000× 100 = 20%

Accounting rate of return= 20%

6 0

3 years ago

In 2019, Alliant Corporation acquired Centerpoint Inc. for $548 million, of which $98 million was allocated to goodwill. At the

ohaa [14]

Answer:

$48 million

Explanation:

In this scenario, we compare the values between book value including goodwill and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,

= Book value including goodwill - fair value

= $450 million - $402 million

= $48 million

All other information which is given is not relevant. Hence, ignored it

6 0

3 years ago

Suppose the price for an Lyft ride in Austin, TX decreases from $15 to $12 causing the quantity of rides demanded to increase fr

Inessa [10]

Answer:

Midpoint value of price elasticity of demand = -2.07

Explanation:

We know,

Midpoint value of price elasticity = $\frac{(Q_{2} - Q_{1})/[(Q_{2} + Q_{1})/2] }{(P_{2} - P_{1})/[(P_{2} + P_{1})/2] }$

Given,

Original Price, $P_{1}$ = $15

New Price, $P_{2}$ = $12

Original Quantity demanded, $Q_{1}$ = 1,000 units

New Quantity demanded, $Q_{2}$ = 1,600 units

Putting the value in the above midpoint formula, we can get

Midpoint value of price elasticity = $\frac{(1,600 - 1,000)/[(1,600 + 1,000)/2]}{(12-15)/[(12+15)/2]}$

Midpoint value of price elasticity = $\frac{600/1,300}{-3/13.5}$

Midpoint value of price elasticity = $\frac{0.46}{-0.22}$

Midpoint value of price elasticity of demand = -2.07

8 0

3 years ago

The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate

Nikitich [7]

Answer: $164,300

Explanation:

Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.

= Beginning dividends payable + Dividends for the year - Ending dividends

= 43,200 + 160,000 - 38,900

= $164,300

8 0

3 years ago