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Juliette [100K]
3 years ago
8

Suppose that the price of corn is above its equilibrium price. You would expect to see:________.

Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

D

Explanation:

If the price of corn is above its equilibrium price, corn becomes more expensive to consumers. As a result, they reduce the quantity demanded of corn. there would be a movement along the demand curve for corn and not a shift of the demand curve.

Quantity supplied would also increase as a result of the high price. The fall in quantity demanded coupled with the rise in quantity supplied would lead to a surplus. Due to the surplus, sellers would reduce price until price falls to equilibrium price

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What is TRUE about time as a factor in investing?
lbvjy [14]

Answer:

A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.

Explanation:

This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.

5 0
3 years ago
The california raisin advisory board used to run ads featuring "the california raisins," a fictitious r&b musical group comp
Brilliant_brown [7]
<span>This type of advertising is called institutional advertising. Basically, this form of advertising is a method that is used to promote a brand, company, business, organization, institution, or any other type of similar entity without directly attempting to sell something. The California Raisins were simply a method of representation that was entertaining, causing people to associate them with raisins.</span>
6 0
3 years ago
Bonita's Braidworks hires workers to braid hair. The store sells the service for $25 per customer. The marginal revenue product
kenny6666 [7]

Answer:

2 Braided Customers

Explanation:

Given:

Services Rate per customer = 25 $

Marginal Revenue Product = 50 $

Marginal Product = (Marginal Revenue Product / Service rate per customer)

Marginal Product = 50 / 25

Marginal Product = 2 Braided Customers

4 0
3 years ago
This year, Gogo Inc. granted a nonqualified stock option to Mrs. Mill to buy 10,000 shares of Gogo stock for $8 per share for fi
Anton [14]

Answer:

Gogo Inc. and Mrs. Mill

The Income that Mrs. Mill must recognize in the year of exercise is:

= $23,100

Explanation:

a) Data and Calculations:

Options given to Mrs. Mill = 10,000 shares of Gogo stock

Exercise price of the options = $8 per share

Period of option exercise = 5 years

Selling price of shares at grant date = $7.87

Selling price of shares at exercise date = $10.31

Compensation expense recorded by Gogo = $26,700

Cost of options to Mrs. Mill = $80,000 (10,000 * $8)

Income that Mrs. Mill must recognize in the year of exercise = $23,100 ($10.31 - $8) * 10,000

8 0
2 years ago
Imagine you are looking at a bottle of salad dressing containing oil, vinegar, and water. you notice that the oil sits on "top"
user100 [1]
The oil is denser 
the water and vinegar are not as dense 
4 0
3 years ago
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