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
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.

You might be interested in
Suppose that the country of Libraria made a concerted effort to increase the educational level of its people. If this effort had
tatuchka [14]

Answer:

If this effort had no effect on the wages of its workers, one might consider this as evidence in support of:

d. neither the human-capital nor the signaling view of education.

Explanation:

The human capital view of education argues that education increases workers' productivity, which also affects some increase in workers' wages.  The signaling view states that education passes a message about workers' various innate abilities to potential employers. This implies that the focus of the signaling view or theory is not the effect of education on the students but the message communicated in the labor market.

6 0
2 years ago
Name two different methods for evaluating evidence. compare and contrast these two methods.
BARSIC [14]

The two different methods for evaluating evidence are the quantitative method and the qualitative method.

The quantitative method is where it is based on measurements and statistics or analysis of data by gathering with the use of surveys and questionnaires.

The qualitative method is focused on having to show explanations or opinions regarding about the study of which will develop ideas and identify or have insights regarding about the problem.

5 0
2 years ago
What does this mean help
Black_prince [1.1K]
Chill/Sleep mode... I think errr
3 0
3 years ago
Andrew’s coworkers often come to him for information about how their company handled disgruntled customers in the past since he
My name is Ann [436]

Answer:

option d is right

Explanation:

given that Andrew’s coworkers often come to him for information about how their company handled disgruntled customers in the past since he has worked at the company for 25 years.

He heard lots of information about the way things have been handled in the past, which helped him understand the organizational system.

Andrew’s information is an example of __Cultural____ knowledge.

This is because he knows some cultural characteristics, belief, history, and also behaviours due to his vast experience of 25 years and he shares with others.\

It is not explicit because not written and source is not mentioned

It is not descriptive, because data is not supported for his verdict.

It is not vigilant, because vigilant information is parted only to prevent frauds, or any illegal or unwarranted activity or behaviour.

Hence option d is right

3 0
3 years ago
What is organization? Explain elements with definition.
SVETLANKA909090 [29]

Answer:

An organisation is a business that has grown so big that it earns a lot of money

Explanation:

7 0
2 years ago
Other questions:
  • David knows that the beta of his portfolio is equal to 1, but he does not know the risk-free rate of return or the market risk p
    15·1 answer
  • On December 28, 2021, Videotech Corporation (VTC) purchased 12 units of a new satellite uplink system from Tristar Communication
    5·1 answer
  • As an individual consumes slices of pizza, the _____ is the amount of satisfaction that he receives from each additional piece o
    8·1 answer
  • Suppose that the government sets a price floor for milk that is above the competitive equilibrium price With the price floor, co
    13·1 answer
  • Which of the following is an example of an environmental sustainability practice? a. Making sound financial plans to ensure long
    5·1 answer
  • Jones Co. returned merchandise purchased from Smith Co. The journal entry to record the return of the merchandise by Jones under
    15·1 answer
  • The two factors that determine the costs of manufacturing inputs (materials, labor, and overhead) are price and quantity.
    13·1 answer
  • Joint costs of $ 11 comma 000 are incurred to process X and Y. Upon​ splitoff, $ 4 comma 500 and $ 5 comma 700 in costs are incu
    15·1 answer
  • You’re the purchasing manager for a large trucking company, worried about a spike in oil prices come January 15 when you typical
    8·1 answer
  • Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to h
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!