1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Annette [7]
3 years ago
11

Initially this seen as a temporary crop until the colonists learned that they could diversify it wine and other food crops. Colo

nists wanted to grow this crop because it made them money in short time with little investment. What was this crop?
Business
1 answer:
Rufina [12.5K]3 years ago
3 0

Answer:

Tobacco

Explanation:

Tobacco, grown from seeds stolen from the Spanish, was the cash crop that saved the colonists in the New World. Because growing tobacco required lots of hard work and labor, more people were needed to work in the fields. The more workers one had, the more tobacco they could grow and the greater the profit they could gain.

You might be interested in
When a firm produces only a single product or service and attempts to sell it to two or more market segments, it avoids
Archy [21]

When a firm produces only a single product or service and attempts to sell it to two or more market segments, it avoids the added costs of developing and creating additional categories of the product. This is an example of one product and multiple market segments.

<h3>What is one product and multiple market segment situations?</h3>

This is a situation where a business targets more than one market at a time using one product.

Multiple-segment marketing is the process of dividing a target market into various segments to that each segment can be targeted using a different approach.

Learn more about one product and multiple market segments at:

brainly.com/question/26826021

5 0
2 years ago
The market demand curve A. is found by vertically adding the individual demand curves. B. represents the sum of the quantities d
timama [110]

Answer:

B. represents the sum of the quantities demanded by all the buyers at each price of the good

Explanation:

The market demand curve is found by horizontally adding the individual demand curves.

The market demand curve slopes downward.

I hope my answer helps you

5 0
3 years ago
John's T-shirt business uses the demand function P= -Q + 38 and the supply
GaryK [48]

The correct option is - B (16, 22)

Explanation:

<u>Given: </u>

Demand function = P = -Q +38

Supply function = P = Q – 6

<u>In order to find the equilibrium, the demand function must be equal to the supply function. </u>

Thus, putting the demand function equal to the supply function , we get,

Q – 6 = -Q + 38

Solving the above equations, Q = 22

Now, putting the value of Q in demand function in order to find out the value of P,

P = -22 + 38

P = 16

Thus, Option B is correct (16, 22)

3 0
3 years ago
Read 2 more answers
Based on your understanding of the IS-LM model, graphically illustrate and explain what effect a reduction in consumer confidenc
torisob [31]

Answer:

Reduction in consumer confidence will decrease consumption demand, which will decrease output. IS curve... view the full answer

Explanation:

Reduction in consumer confidence will decrease consumption demand, which will decrease output.

7 0
3 years ago
2. A couple would like to take a cruise to Alaska, 15 months from now. They have $1500 in a savings account. The savings account
ivann1987 [24]

Answer:

a.- $ 3,529.82  

b.-  $ 3,512.11

c.-  $   132,77

Explanation:

In each case, we must calculate the value of their current savings and the additional investment.

The saving are the same for each scenario so let's calculate that first:

Principal \: (1+ r)^{time} = Amount

Principal 1,500.00

time 15 years

rate 0.01000

1500 \: (1+ 0.01)^{15} = Amount

Amount 1,741.45

Then we add the funds generated from the investment:

a.- 110 annuity due for 15 month:

C \times \frac{(1+r)^{-time} -1}{rate}(1+r) = FV\\

C  $ 110

time 15 months

rate 0.01

110 \times \frac{(1+0.01)^{15} -1 }{0.01} = FV\\

FV $1,788.3651

We add the savings and get a total of:  $ 3,529.82  

b.- 110 ordinary annuity

C \times \frac{(1+r)^{time} -1}{rate} = FV\\

C  $ 110

time 15 months

rate 0.01

110 \times \frac{(1+0.01)^{15} -1}{0.01} = FV\\

FV $1,770.6585

Plus, original savings of 1,741.45 =  3,512.11  

c.-

If they need 3,900 then the fund must cover the difference between these and the savings future value:

3,900 - 1,741.45 = 2,158.55

Now we calculate the PMT, considering the payment are at the beginning:

FV \div \frac{(1+r)^{time} -1 }{rate}(1+r) = C\\

FV  $ 2,158.55

time  15

rate           0.01

2158.55 \div \frac{(1+0.01)^{15} -1}{0.01} (1+0.01) = C\\

C  $ 132.770

3 0
4 years ago
Other questions:
  • Carla Vista Co. had these transactions during the current period.
    9·1 answer
  • Profit maximization as a goal is ideal because it directly considers​ ________.
    10·1 answer
  • 15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bonds currently sell for
    10·1 answer
  • You are about to borrow​ $15,000 "from a bank at an interest rate of"​ 8% compounded annually. You are required to make three eq
    9·1 answer
  • Which of the following statements about strategic groups is FALSE? Select one: a. Strategic groups help chart the future directi
    8·2 answers
  • The balance sheet of Indian River Electronics Corporation as of December 31, 2017, included 12.25% bonds having a face amount of
    7·1 answer
  • Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.4 million. The machinery can be sold to the Romul
    5·1 answer
  • The presence of a sales tax means that people pay a tax on most everyday things they buy, such as clothes and groceries. In the
    11·1 answer
  • Gregory knew that he was going to have to pay a premium for buying a home in a certain area but was determined to do so because
    14·1 answer
  • Ezra is the manager of outdoor adventure sporting goods. during the past six months, his cash expenditures have exceeded his cas
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!