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Svetradugi [14.3K]
3 years ago
11

When a price floor becomes binding because of the change in the supply of hops, the net effect will be ?

Business
1 answer:
Svet_ta [14]3 years ago
5 0

Price floor is the maximum price in the market.

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One of the​ trade-offs tesla faces is between safety and the maximum range someone can drive an​ all-electric car before having
lozanna [386]

Answer:

The question is incomplete, you are asked to draw a production possibles frontier between safety and range and explain how it works.

I drew a bounded out curve, where you can maximize safety but at the same time you minimize range, or the opposite. If you are located in a point of the curve, lets say point 0, and wish to gain range and move to point 1, you will lose safety. If you want to increase safety and move to point 2, you will lose range.

6 0
3 years ago
The following information was available for Pina Colada Corp. at December 31, 2022:
dexar [7]

Answer:

37.51 days

Explanation:

Use the following formula to calculate the Inventory Turnover ratio

Inventory Turnover ratio = Cost of goods sold / Average Inventory

Where

Cost of goods sold = $763,805

Average Inventory = ( Beginning Inventory + Ending Inventory ) / 2 = ( $93,000 + $64,000 ) / 2 = $78,500

Placing values in the formula

Inventory Turnover ratio = $763,805 / $78,500

Inventory Turnover ratio = 9.73

Inventory Days = Numbers of days in a year / Inventory Turnover ratio = 365 / 9.73 = 37.51 days

6 0
3 years ago
John and Paul are brothers and both are United States citizen. Paul works in Mexico and maintains two (2) bank accounts in Mexic
Anuta_ua [19.1K]

Answer:

I think B

Explanation:

7 0
3 years ago
As of December 31, 2019, Armani Company’s financial records show the following items and amounts.
MrRa [10]

Answer:

Revenue (Consulting revenue + Rental revenue)=33000+22000=55000.

Operating expense (salaries expense+rent expense)=20000+12000=32000

Selling and administrative expense = 8000

Explanation:

                                       Armani Company

                               Year end Income statement 2019

Revenue                                                                            = 55000

less: Operating expense                                                  =(<u>32000</u>)

                                            Gross Profit                             23000

less :Selling and administrative expense                         = (<u>8000</u>)

                                              Net profit                                  15000

Notes: Question should be mentioned the company nature of business so that we can identify company real business.

8 0
3 years ago
When you buy an e-book at Amazon, it uses ________ to recommend an e-book by a similar author within the same genre.
Anarel [89]

Answer:

The correct word for the blank space is: the purchases history.

Explanation:

Purchases history allows businesses to have an idea of what the preferences of its customers are or how they can change over time. It is a helpful tool firms can use to offer similar or complementary products that may be of interest to their customers and that may end up increasing the organization's revenues if the consumer makes the additional purchase.

8 0
3 years ago
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