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ECONOMICS PLEASE HELP TIMED!! Cow Tippers is a manufacturer that produces both leather cowboy boots and cowboy hats. Which of th

Alenkasestr [34]

The factor that might lead to a decline in the supply of cowboy boots is the price that consumers are willing to pay for cowboy hats has increased.

<h3>What leads to a decrease in supply?</h3>

Factors other than a change in the price of A good would lead to either an increase or decrease in supply or a shift of the supply curve. Such factors include :

A change in the price of input
A change in the number of suppliers
Government regulations
Technological changes
A change in the price of substitute goods.

To learn more about the change in supply, please check: brainly.com/question/15835771

7 0

2 years ago

So why it is a ration decision to make sure the marginal benefits outweighs the marginal costs? (Be detailed, you can use exampl

Rzqust [24]

Answer:

For the business to make profits

Explanation:

Marginals revenue is the additional income realized from the sale of an extra unit. It is the revenue that a firm will gain by selling one more unit of a product or service.

Marginal cost is the expense incurred in the production of one more unit of a product. A business compares marginal revenue to marginal cost to decide if it will cease or continue with production and selling activities.

For a business to continue selling and make profits, marginal revenue must be greater than the marginal cost. In other words, the revenue realized by selling one extra unit must exceed the cost of producing that item. Selling one more unit when the marginal cost is more than the marginal revenue will result in a loss.

If the marginal revenue from a computer is $40 and the marginal cost is $50, selling on extra computer results in a loss of $10. But if the marginal revenue from the same computer is $60, the sale on one more unit will be a gain of $10.

6 0

4 years ago

Sonic The Hedgehog has 5 lawn mowers, and wants to get rid of all of them, how does he sell his lawn mowers? Why?

MatroZZZ [7]

Answer:

No╭∩╮(ಠ_ಠ)╭∩╮

LolololololExplanation:

7 0

3 years ago

Read 2 more answers

Why entrepreneurs start businesses.

Alika [10]

i would its because to profit motive i think.

4 0

3 years ago

Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cos

kiruha [24]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000, respectively.

Job 352A

Direct material= $32,000

Labor costs= $45,000

First, we need to calculate the predetermined manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 800,000/1,000,000= $0.8 per direct labor dollar

Now, we can calculate the total cost:

Total cost= direct material + direct labor + allocated MOH

Total cost= 32,000 + 45,000 + (0.8*45,000)= $113,000

6 0

3 years ago