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Firlakuza [10]
3 years ago
11

Label each of the following scenarios with the correct combination of price change and quantity change. In some scenarios, it ma

y not be possible from the information given to determine the direction of a particular price change or a particular quantity change. We will symbolize those cases as, respectively, "P?" and "Q?".
a. On a hot day, both demand for lemonade and supply of lemonade increase.

b. On a cold day, both demand for ice cream and the supply of ice cream decrease.

c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases.

d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster.
Business
1 answer:
ZanzabumX [31]3 years ago
5 0

Explanation:

Classifying of each situation with the correct combination of change in price and quantity:

a. On a hot day, both demand for lemonade and supply of lemonade increase - Pp? Q increase

b. On a cold day, both demand for ice cream and the supply of ice cream decrease -  Pp? Q decrease

c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases- P increase Qq?

d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster - P decrease Qq?

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A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc
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Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time.

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Branding is a way of making sure that your product is easily identifiable over other products.

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It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

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3 years ago
<1 and <2 are supplementary angles. m<1=113° degrees. find m<2?
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Supplementary angles equal 180 degrees.

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The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find the applied overhead.

<h3>How to calculate the overhead applied in a job</h3>

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This overhead applied are calculated by finding the product of the predetermined overhead rate and the actual allocation base incured by a job

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