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Paraphin [41]
3 years ago
15

An agribusiness firm may undertake three alternatives: buy cane sugar and manufacture various sugars and sweets, making a profit

of $12 million; buy corn and produce ethanol, making a profit of $16 million; or buy wheat and produce breads, rolls, and pastries, making a profit of $13 million. The opportunity cost associated with these three choices is: Group of answer choices
Business
1 answer:
nikitadnepr [17]3 years ago
4 0
Bir tarım işletmesi şirketi üç alternatifi üstlenebilir: şeker kamışı satın alıp çeşitli şeker ve tatlılar üreterek 12 milyon dolar kar elde etmek; mısır satın alın ve etanol üretin, 16 milyon dolar kar edin; veya buğday satın alıp ekmek, ekmek ve hamur işleri üretip 13 milyon dolar kar edin. Bu üç seçenekle ilişkili fırsat maliyeti şudur: Cevap seçenekleri grubu
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Shoe-leather costs arise when higher inflation rates induce people to __________.
S_A_V [24]

Answer:

D - Hold less money

Explanation:

Inflation is the persistent increase in the general prices of goods and services over a period of time.

During inflation period, nobody wants to hold more of cash because the value of money gets depreciated as inflation increases  (prices of goods increase).

For example, shoe-leather costs increases when there is an increase in inflation and it makes more economic sense to purchase shoe-leather as it preserves the value of money.

3 0
3 years ago
A nation seeking to increase its overall productivity might be best served by investing money into which area?
Vilka [71]

<span>A nation seeking to escalate its overall productivity might be best assisted by investing money into technology. Developments and advances in technology which interprets into a more productive economic activity as creation and delivery of goods and services are improved.</span>

4 0
4 years ago
Read 2 more answers
You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and
TiliK225 [7]

Answer:

b. your demand for peanut butter increases today.

Explanation:

If the price of a commodity would increase at a later date, consumers would increase demand for the good today. Consumers would be willing to buy as much as they can at the lower price. This would shift the demand curve to the right.

6 0
4 years ago
Assume there are two countries (France and the United States) and two goods (Wine and Cheese). In France, labor productivity in
Savatey [412]

Answer:

United States

Explanation:

A comparative advantage results when a country's opportunity cost of producing good X is lower than the opportunity cost of producing good X in another country.

France

Opportunity cost of producing wine = 30/40 = 0.75 kilos of cheese

Opportunity cost of producing cheese = 40/30 = 1.33 bottles of wine

United States

Opportunity cost of producing wine = 12/12 = 1 kilo of cheese

Opportunity cost of producing cheese = 12/12 = 1 bottle of wine

France has a comparative advantage in the production of wine, and the US has a comparative advantage in the production of cheese.

7 0
3 years ago
A broker-dealer offers 4 summer passes to an amusement park to each of its agents who sell at least $10,000 of bonds during the
inn [45]

Answer:

I (allowed) and IV (not considered soft dollar compensation)

Explanation:

Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.

4 0
4 years ago
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