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scoundrel [369]
2 years ago
7

California wildfires destroy vineyards across the Napa Valley. This is during the season when wine festivals occur most often al

l over the country. Demonstrate the effect of these events on the equilibrium price and quantity of wine.
Business
1 answer:
vladimir2022 [97]2 years ago
3 0

Answer:

As a result of the wildfire, supply would fall. there would be a leftward shift of the supply curve.  the quantity supplied of wine would reduce and price would increase

as a result of the festival, there would be an increase in demand. this would lead to an outward shift of the demand curve. Thus, the quantity demanded would increase and price would increase

taking these two effects together, there would be an indeterminate change in equilibrium quantity and equilibrium price would increase

Explanation:

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The following transactions have been journalized and posted to the proper accounts: 1. Mark Call invested $7,000 cash in his new
goblinko [34]

Answer:

$6,450

Explanation:

Calculation to determine the balance in Cash for this design service business

Using this formula

Cash balance=Cash Amount invested+Cash Received-Rent- Equipment purchased-Supplies

Let plug in the formula

Cash balance=$7,000+$3,000-$700-$2,000-$850

Cash balance=$6,450

Therefore the balance in Cash for this design service business is $6,450

8 0
3 years ago
The treasurer of a major U.S. firm has $29 million to invest for three months. The interest rate in the United States is .29 per
7nadin3 [17]

Answer:

Check the following calculations.

Explanation:

The U.S. firm has $29 million

Investment is for three months

And the interest rate in the United States is .29 percent per month

The value of the investment if the money is invested in U.S

= $29 million *(1+ 0.29%) ^3

= $29.2530 million

The interest rate in Great Britain is .33 percent per month.

The spot exchange rate is £.629

And the three-month forward rate is £.632.

The value of the investment if the money is invested in Great Britain

Value after spot exchange = $29 million *(£.629/$1) = £ 18.241 million

Value after three months interest earning = £ 18.241*(1+0.33%) ^3

= £ 18.4222 million

Exchanging again in US $ after 3 months

= £ 18.4222 *($1/£ .632) = $29.1490 million

Therefore the value of the investment if the money is invested in Great Britain is $29.1490 million.

The value of investment will be more if the money is invested in U.S.

6 0
2 years ago
Palepu Company owns and operates a delivery van that originally cost $38,080. Straight-line depreciation on the van has been rec
Readme [11.4K]

Answer and Explanation:

The computation is shown below;

But before that the depreciation expense per year is

Depreciation per year = (Cost - Residual value) ÷ Useful life

= ($38,080 - $2,800) ÷ 6 years

= $5,880

1.Net book value as on disposal date is

= $38,080 - ($5,880  × 3)

= $20,440

2.

We know that

Gain on sales = (Sales - Book value)

Gain = $(20,400 - 20,400) = 0

a. Loss = $13,000 - $20,440 = -$7,440

b. Loss = $10,000 - $20,440 = -$10,440

4 0
2 years ago
Which of the following insurgency elements do the actual fighting and provide security?
Drupady [299]
<span>Combatants provide security and do the actual fighting. </span>
7 0
3 years ago
What is the name of the specific protection that the insurer provides to the policy holder
kupik [55]

Answer:

option D is correct answer

Explanation:

hope it's helpful for you

5 0
2 years ago
Read 2 more answers
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