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gavmur [86]
3 years ago
13

What happens to the price and the quantity bought and sold in the cocoa market if countries producing cocoa experience a drought

and a new study is released demonstrating the health benefits of cocoa
Business
1 answer:
Rashid [163]3 years ago
4 0

Answer: Supply of cocoa will fall; Demand rises; Price increases.

Explanation:

A drought is when there is little or no rainfall in a particular area. When countries that are producing cocoa experience a drought, this will lead to a reduction in the supply of cocoa as there will be lesser cocoa available for farmers to supply.

Then, due to the new study which is released demonstrating the health benefits of cocoa, this will lead to an increase in the demand for cocoa. The demand will rise and since there's increase in demand and reduction in supply, the price will rise.

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Drug companies are allowed to be monopolists in the drugs they discover in order to A. increase the overall welfare of society t
Daniel [21]

Answer:

C. Encourage research

Explanation:

If a drug company discovers a new drug , it can apply for availing a patent for the same which shall grant it exclusive right to produce and sell the drug in the market for several years.

In such cases, the government tests such drugs if those are genuine before approving such a patent which creates the situation of a monopoly whereby the pharmaceutical company becomes the single seller of such drugs.

The purpose behind creation of such sort of monopolies being, this serves as an incentive or the encouragement for such pharmaceutical companies to carry out extensive research and thereby discover new drugs whose discovery would ultimately lead to common welfare.  

5 0
3 years ago
Magic Realm, Inc., has developed a new fantasy board game. The company sold 35,600 games last year at a selling price of $62 per
Natasha_Volkova [10]

Answer:

1a.

                              Magic Realm, Inc.,

                         Contribution format income statement

                                   Per Unit                    Amount

Sales                               62                         2,207,200

Variable expenses         42                         (1,495,200)

Contribution margin       20                         712,000

Fixed expenses                                            (623,000)

Net operating profit                                      89,000

1b.

Degree of operating leverage: 4

2. The expected percentage increase in net operating income for next year: 184%  

Explanation:

1a. Please refer to the answer part

1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.

2.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

3 0
3 years ago
How much education is needed to be a fast food manager?
GalinKa [24]
They need to know how to run the fast food place. Editcational wise none.
6 0
3 years ago
the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment o
wolverine [178]

The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True

Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.

However, the statement that an emergent strategy can only exist in only an internal and external environment is true.

This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.

Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company

Therefore, the correct answer is true

Read more here:

brainly.com/question/15171442

7 0
2 years ago
What is true about early managers?
LekaFEV [45]

Answer:

Well there Hell to work with they think everything belongs to them and there just brats.

Explanation:

6 0
3 years ago
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