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Harrizon [31]
3 years ago
8

There are two techniques of egg production: free range (where hens roam around the farm) or factory (where hens are fed and wate

red in wire cages). The free range technique has a much more elastic supply curve than the factory technique. When the demand for eggs falls:________.
a. egg production falls by a smaller percentage in the factory technique than in the free range technique.

b. egg production falls by a larger percentage in the factory technique than in the free range technique.

c. the production using both techniques falls by the same percentage.

d. the factory egg producers supply curve shifts inward.

e. the free range egg producers supply curve shifts inward.
Business
1 answer:
ololo11 [35]3 years ago
8 0

Answer:

a. egg production falls by a smaller percentage in the factory technique than in the free range technique.

Explanation:

Elasticity of supply is defined as the degree of responsiveness of supply to changes in price. Highly elastic supply responds more to change in price than low elastic supply.

In the given scenario where eggs are produced using factory and free range techniques, as demand falls price consumers are willing to pay also falls.

Since factory technique has a lower elasticity of supply, the fall in supply as a result of fall in price will be small.

However the fall in supply of free range will be higher because of its higher elasticity

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Which of the following statements supports multiple sourcing:
Makovka662 [10]

Answer:

Concerns exist about supplier capacity for future volume.

Explanation:

The multisourcing is a method in which the supplier base is expanded increasing the actual number of suppliers, because the needs of the company are increasing.

Advantages:

-Alternative sources of materials in case of delivery stoppage by a supplier.

-Reduced probability of bottlenecks due to insufficient production capacity to meet peak demand.

- Increased competition mong suppliers leads to better quality, price, delivery, product innovation and buyer´s negociation power.

-More flexibility to reat to unexpected events that could endanger supplier´s capacity.

Disadvantages:

-Reduced efforts by supplier to match buyer´s requirements.

-Higher cost for the purchasing organization (greater number of orders, telephone calls, records, and so on).

3 0
3 years ago
The government of an Asian country allows its currency to nominally float freely against other currencies, but the government ha
Elena L [17]

Answer: Dirty float system.

Explanation:

The dirty float system is also knowns as "managed float".

It is a floating exchange rate in which the central bank of a particular country steps in occasionally to alter the pace at which the country's currency change value. In this system, the central bank acts to prevent external economics shock and guide against its disruptive effect on the domestic economy.

4 0
3 years ago
Because texas generally has low rates of –------ , individual effects on the texas political process are likely to be :______
ollegr [7]

Because texas generally has low rates of low, individual effects on the texas political process are likely to be: low

This is further explained below.

<h3>What is texas's political process?</h3>

Generally, The development of problems marks the beginning of the policymaking process in Texas, which then continues on through five additional stages: the establishment of agendas, the selection of policies, the adoption of policies, the implementation of policies, and the assessment of policies.

In conclusion, Individual influences on the political process in Texas are anticipated to be modest because of the state's relatively low crime rate and low rate of poverty.

Read more about the texas political process

brainly.com/question/27140282

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5 0
2 years ago
The shape of the AVC curve arises because of​ _______. A. constant returns B. increasing returns initially and eventually dimini
sergiy2304 [10]

Answer:

B. increasing returns initially and eventually diminishing returns.

Explanation:

Average variable cost initially, is high and tends to reduce with increasing number of units and on the long run then it ultimately tends to decrease.

Initially the returns are high on per unit, after that the company's return per unit decreases and the cost per unit in terms of variable cost also increases.

Average variable cost is less in the curve in the short middle term, then it tends to rise, as because variable cost starts increasing.

The company shall wisely choose to stop the production when the variable cost is increasing with a higher percentage than the decreasing revenue.

3 0
3 years ago
Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substan
Vikentia [17]

Answer:

Transactional leader.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).

6 0
3 years ago
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