The price of apples falls. what happens in the market for apple pies?

1 answer:

7 0

It depends.
If it is a natural supply demand situation, then the makers of apple pies should lower their prices.

Or

They should make fewer pies because all the apple pie makers are going to choose making apple pies because of reduced costs.

In the market place, you can strive to make a profit, but you should never be greedy.

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A property is being appraised by the Cost Approach. The appraiser estimates that the land is worth $33,000 and the replacement c

MrMuchimi

Answer: The value of the property is $156000.

Explanation: The value according to the cost approach is given by

(The estimated value of the land + The replacement cost of the house + additional improvements) - (Depreciation).

Therefore the calculation is:

(33000 + 110000 + 20000) - (7000) = $ 156000.

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3 years ago

Which source of investor income is susceptible to double taxation?

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Double taxation is occurs when income taxes are paid twice on the same source of earned income. The income can be taxed at both the corporate level and personal level.
Dividends as a source of investor income is susceptible to double taxation.

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3 years ago

Pedro's child attends a school operated by the church the family attends. Pedro made a donation of $1,000 to the church in lieu

schepotkina [342]

Answer:

$800

Explanation:

Pedro's tuition costs of $6,000 is a personal expense and does not qualify as a charitable contribution.

Pedro's donation to the church of $1,000 is charity, but he has to deduct the registration fee of $200 from it. Thus, his total charitable contribution is $1,000 - $200 = $800

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4 years ago

An ad by the Minnesota State Tourism Department, which promotes Minnesota as a vacation destination, was published in Life Mode

yKpoI14uk [10]

An ad by the Minnesota State Tourism Department, which promotes Minnesota as a vacation destination, was published in Life Mode magazine. The ad includes a picture of a couple against a scenic backdrop. In this print ad, the source of the advertising message is the Minnesota State Tourism Department

<h3>Explanation:</h3>

Tourism department generates revenues to the government with the help of the natural resources and beautiful destinations that exists in a country. Money will be collected from the people who visits the places in the country. This type of depart earns a lot of revenue during the time of vacations.

They also promote by giving certain discounts and offers during vacation time for attracting many people towards that destination. They also give advertisements for making the people to support state tourism to generate resources for the nation. Thus, in the given example the source of the advertising message is the Minnesota State Tourism Department.

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3 years ago

Daichi Inc. is a Japanese software development firm known for its high quality products. Recently, the company held its annual c

strojnjashka [21]

Answer: Merit based plan

Explanation: In a merit based plan, the employer raises the pay of his or her employees on the basis a set criteria. Under this plan, employer takes into consideration the performance of employees in a specified period and take appropriate decision accordingly regarding pay raise.

In the given case, Daichi is providing their employees raise on the basis of their performances.

Hence we can conclude that Daichi is using merit based plan.

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4 years ago