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andreyandreev [35.5K]
3 years ago
7

2. Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve fo

r Matthew’s pies will increase. b. supply curve for Matthew’s pies will decrease. c. demand curve for Matthew’s pies will increase. d. demand curve for Matthew’s pies will decrease.
Business
1 answer:
nikklg [1K]3 years ago
5 0

Answer:

The correct answer is option b.

Explanation:

Mathew bakes and sells apple pies. Apple here is used as an input. If the price of apple increases, it means the cost of producing apple pies is increasing as well.

At the given cost the firm will be able to produce fewer apple pies. This will cause a reduction in the supply of apple pies. Consequently, the supply curve will shift to the left.

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Answer:

A television manufacturer can adopt a capital intensive production process.

Explanation:

A capital intensive means a production process in which a high proportion of investment in non current assets such as equipment, capital, etc. is used and a lower proportion of labor is used.

In a capital intensive production process, we have a low labor input, but will be highly productive in terms of output.

In a Television manufacturing company, it is advisable to use a capital intensive production process because of the industry involved. The broadcasting industry requires a capital intensive production process so as to minimize mistakes which might happen from labor.

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3 years ago
What is a standard mark up
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Explanation:

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3 years ago
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The Ingraham Corporation has $1,000 par value bonds outstanding. The bonds have an annual coupon rate of 8.90 percent and an ann
Hunter-Best [27]

Based on the inflation rate and the yield to maturity, the real rate of return on the bonds will be 5.23%.

<h3>What is the real rate of return?</h3>

This can be found by the formula:

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Solving gives:

= ( ( 1 + 8.0%) / ( 1 + 8.90%)) - 1

= 1.0523 - 1

= 5.23%

Find out more on real rates of return at brainly.com/question/1698368.

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2 years ago
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The proposal was incidental to a plan to require gold certificate reserves be kept behind Federal Reserve notes. No.
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Core self-evaluations (CSEs) represent a broad personality trait comprising four positive individual traits: (1) self-efficacy,
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Answer: True

Explanation:

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There individual traits are all vital in the accomplishment of a particular objective. Individuals that have high self-evaluations believe in themselves and are known to be effective.

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