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alexgriva [62]
3 years ago
6

Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price

of corn by ________ to sell the new crop.
Business
1 answer:
Yuki888 [10]3 years ago
7 0

Answer:

Reduce and  more than 15 percent

Explanation:

As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.

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A disadvantage of feedback is that: Group of answer choices it makes the control process inefficient. most people are too sensit
julsineya [31]

Answer: It always comes after the fact.

Explanation:

Feedback is very important for a company. It helps them know where they need to improve on so that they can offer better services ti customers. It also fosters good relations with customers as they will feel their input is taken into account.

Unfortunately though the whole premise of Feedback is that it's based on information of an event that has already happened and SOMETIMES CANNOT BE CHANGED. This is a very huge drawback but one that is implicit in the process itself.

6 0
3 years ago
Happy​ Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The Workminusinmin
sertanlavr [38]

Answer:

80 % of materials ;  43 % of conversion costs

Explanation:

The FIFO method traces equivalent units for materials and conversion costs for the following categories :

  1. Opening Work in Process units
  2. Units started and completed
  3. Ending Work in Process units

So the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).

All these physical units need to be expressed to the percentage of work done on them - equivalent units.

The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.

4 0
3 years ago
What are three things not to do while driving and three things to do while driving?
Verdich [7]
Do not do

text, drink, speed

do

watch road, hands on wheel, be safe
6 0
3 years ago
Read 2 more answers
When the 4th quarter futa tax is not at least _____, the payment may be mailed at year-end with form 940.
Arisa [49]

When the 4th quarter futa tax is not at least $500,  the payment may be mailed at year-end with form 940.

<h3>What is tax?</h3>

A tax is referred to the amount paid by an individual to the government to contribute to the development of the country through social projects. This tax is laid on different products as a form of duties or charges as well as an amount from the income itself.

FUTA stands for Federal unemployment tax act where you won't need to submit your tax again if your FUTA tax due for the following quarter is $500 or less until the total is $500 or higher.

Learn more about tax, here:

brainly.com/question/16423331

#SPJ4

3 0
1 year ago
the deployment time of an airbag should be between 21 and 27 milliseconds and their current average is 22 milliseconds with a st
alekssr [168]

Answer:

4.00

Explanation:

Given:

Upper Specification Limit, USL = 27

Lower Specification Limit, LSL = 21

Mean = 22

Standard deviation, \sigma = 0.25

Required:

Find the process capability index

First center the mean by taking the average of the LSL and USL.

X = \frac{21 + 27}{2}

\frac{48}{2} = 24

X = 24

Use formula below to find process capability index:

C_p_i = min [(\frac{USL - X}{3*\sigma}), (\frac{X - LSL}{3*\sigma})]

C_p_i = min [(\frac{27 - 24}{3*0.25}), (\frac{24 - 21}{3*0.25})]

= min [(\frac{3}{0.75}), (\frac{3}{0.75})]

min [ (4.00), (4.00)]

We are sullosed to take the minimum value, but since both values are equal, our process capability index will be 4.00

Therefore, the process capability index = 4.00

7 0
3 years ago
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