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blagie [28]
3 years ago
11

Suppose your production costs increased. In 1 or 2 sentences, describe the effect of this increase on the quantity of goods you

supply.
Business
1 answer:
enyata [817]3 years ago
6 0

Answer:

In the product process, margins define much of the procedure. If production costs increase, the quantity of goods produced will almost always decrease given the price of raw materials stays consistent.

Explanation:

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The demand for salt is inelastic, and the supply of salt is elastic. The demand for caviar is elastic, and the supply of caviar
stellarik [79]

Answer:

<h2>In the case of the salt,the salt buyers would bear most of the tax burden and for caviar,the sellers would bear most of the tax burden.Hence,the correct answer is option b. or buyers of salt and the sellers of caviar.</h2><h2 />

Explanation:

In the case of salt,the supply is more elastic than the demand which implies that the salt sellers are relatively more responsive to salt price change in the market.Therefore,if any tax is imposed on them,it would basically translate into higher production cost for the sellers and due to price elasticity of supply,the sellers would pass the tax to the salt consumers who are comparatively less price sensitive.Now,since the consumer demand for salt is inelastic and the consumers are relatively price insensitive,the consumers won't perhaps mind paying a higher market price for salt including the extra tax.Hence,in this instance,the tax burden would fall on the salt buyers or consumers.

On the other hand,based on the same line of argument,the tax burden would fall on the sellers of caviars as the price elasticity of caviar supply is less than that of the caviar demand.In this case,the caviar sellers are less sensitive about changes in market price of caviars and thus,won't mind paying a relatively higher production cost/expense which is inclusive of the tax burden.Due to higher price elasticity of demand or price responsiveness,the cavier consumers would be reluctant to bear the tax burden and pass it onto the sellers.

8 0
4 years ago
If these patterns hold for decreases as well as for increases, by how much would the value of the financial securities decline i
Ratling [72]

Answer:

$115.20

Explanation:

Missing part is <em>"Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time period. Over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $4 to $6 to $8 to $10 to $12 to $14."</em>

<em />

If the underlying assets price fall by $10, then the securities value will fall by a ratio of $10

Value of securities = $128/$10 = $12.80

Decline in value of securities = $128 - $12.80 = $115.20. Thus, the Decline in value of the financial securities is $115.20

5 0
3 years ago
Rosalie is a sales consultant for Avon Cosmetics. This illustrates
aliina [53]

a. Rosalie is a sales consultant for Avon Cosmetics. This illustrates personal selling. Hence, option (a) is relevant option.

<h3>Give a brief account on Marketing.</h3>

Marketing is the process of discovering, developing, and delivering value to meet the needs of a target market in terms of products and services. Choosing a target market, selecting specific traits or themes to highlight in advertising, executing marketing campaigns, attending trade shows and open events, creating products and packaging that appeal to consumers, and defining the terms of sale, such as the purchase price, discounts, warranties, and return policies are other possible steps. Usually, the seller, who is usually a manufacturer or merchant, handles the marketing.

The occasional hiring of a specialized marketing firm or advertising agency may be necessary. Less frequently, a trade association or government agency (like the Agricultural Marketing Service) will market an entire sector or location, frequently a single food item (like Got Milk? ), food from a specific area.

b. Inside salespersons generally focus on taking orders and following up, whereas outside salespersons are more consultative. Hence, option (d) is the relevant option.

To know more about, marketing, visit :

brainly.com/question/27155256

#SPJ1

7 0
1 year ago
balance sheet showed total assets of $60 million, total liabilities (including preferred stock) of $45 million, and 1,000,000 sh
Sati [7]

Answer:

The price per share should be $22.5

Explanation:

The price earnings multiple or P/E tells us how much price the investors are willing to pay for $1 earnings of the company.

We first need to calculate the earnings per share of the company.

Earnings per share = Net Income / Number of outstanding common shares

Earnings per share = 1500000 / 1000000  =  $1.5 per share

Using the P/E for the industry, the price per share of Flintstone should be,

P/E = Price per share / Earnings per share

15 = Price per share / 1.5

15 * 1.5 = Price per share

Price per Share = $22.5

6 0
3 years ago
Read 2 more answers
Asking yourself "What can I do to build a loyal customer base?" is an example of
MakcuM [25]

Correct answer is C, Creativity.

Asking yourself, What can i do to build a loyal customer base?, is an example of Creativity.

When a person in an organization is creative and wants to build a loyal customer base, he asks himself that how can he build it. He finds out ways to build a loyal customer base. He innovates, he takes out the best creativity out of him. When he is focusing on asking himself the solutions, he is basically creative who is seeking answers within himself.

4 0
3 years ago
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