A beneficial technological change is developed in the production of cranberries. at the same time, scientists discover that cranberries have significant health benefits. this will result in an increase in the equilibrium quantity and an uncertain impact on the equilibrium price of cranberries.
Equilibrium quantity is the number where quantity demanded is equal to quantity supplied. Although there is new advances in the technological production of cranberries, we don't know how the price of the cranberries will be effected, if at all, from the changes. However, since the production of cranberries is going to to be more efficient, the amount supplied will likely rise to match the amount demanded.
The per unit would be expected to cause domestic consumption to decrease.
<h3>
What are Imports?</h3>
- Bringing in from foreign or external sources. (as in goods & services. )
- To bring into a place or country from another country. when transferring from one format to another, usually in a new file.
- Importing and exporting goods is not only at the heart of a successful large-scale business.
- It also helps in the growth and expansion of the national economy. Each country comes with some specific resources.
- At the same time, the country may lack other resources to develop and improve the economy as a whole.
- examples of imported goods are:
- cars
- tv
- mobiles
- gemstones
- cereals
- pulses
- oils
- petrol
- wood
- cloths raw materials
- food and vegetables
- gemstones
- mineral
- medicines
- machinery
- pieces of equipment
- luxury cars
- consumer goods
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Answer:
5%
Explanation:
a) What was the growth rate in sales between years 1 and 2
Growth rate measures the increase in the level of sales over a period of time
Growth rate from year 1 to 2 = (increase in sales from year 1 to 2 / sales in year 1) x 100
increase in sales from year 1 to 2 = 236.25 - 225 = 11.25
(11.25 / 225) x 100 = 5%
Answer:First and last months rent
Explanation: