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taurus [48]
2 years ago
12

A new per unit subsidy for almond production in the United States increases the world supply of almonds. If almonds are inelasti

cally demanded, what will happen to total revenues from almond production?
Business
1 answer:
grin007 [14]2 years ago
5 0

Answer:

total revenues would fall

Explanation:

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one. If demand is inelastic, there would be little or no change in the quantity demanded.

Due to the subsidy, there would be an increase in supply.

The increase in supply would lead to excess supply and a fall in price. Since demand is not sensitive to price. there would be no change in demand as a result of the fall in price.

Thus, price would be lower and quantity would remain the same. This would lead to a fall in price.

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On January 2, 2017, a calendar-year corporation sold 5% bonds with a face value of $2500000. These bonds mature in five years, a
Oksanka [162]

Answer:

Consider the following explanation

Explanation:

Under Effective interest method, Interest calculated at the effective interest rate (i.e., the yield of the bond) is charged as an expense annually, and the payment made basis the Coupon rate.

In the given case, interest to be paid semi annually i.e, on June 30 and on December 31, will be $62,500 (i.e., 2,500,000 * 5% * 6/12).

On the basis of above, the interest expense to be charged in the 2017 can be calculated as follows: take a look to the attached archive.

As calculated above, the amount to be charged as interest expense for the year 2017 is (80,220 + 80,840 i.e.,) $ 161,060.

Download xlsx
3 0
2 years ago
The Janissaries were___________.A)slave women who lived in the sultan's harem.B)Christian boys taken from conquered territories
Drupady [299]

Answer:

The answer to this question is B. Christian boys taken from conquered territories and raised as special forces.

Explanation:

The Janissaries  were Christian boys, that were taken as salves  from the Balkan region  (Southeast Europe)   that ended up in Anatolia  (west Asia) and were indoctrinated into Islam and circumcised.

They were made to go through rigorous training, and they earned the rank of Janissary upon reaching 24 or 25 years of age.  

7 0
3 years ago
Read 2 more answers
By using resources in an efficient and effective manner to reach organizational goals, managers may reach their ultimate respons
svlad2 [7]

Answer:

Performance

Explanation:

The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner

So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives

3 0
2 years ago
What is dismissal in business?​
Oliga [24]

Answer:

A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?

8 0
3 years ago
Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage
grigory [225]

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = \frac{Cost-Residual Value}{Useful life}  

Annual straight line depreciation = \frac{400,000 - 10,000}{5}  

Annual straight line depreciation = \frac{390,000}{10}  

Annual straight line depreciation = $78,000

Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.

Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.

5 0
2 years ago
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