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tekilochka [14]
3 years ago
5

How will the invisible hand move corn prices in re-sponse to:a. a flood that destroys a great deal of the corn crop?b. a rise in

the price of wheat (a substitute for corn)?c. a change in consumer tastes away from corn dogs toward hot dogs?d. an increase in the number of demanders in the corn market?
Business
1 answer:
kodGreya [7K]3 years ago
6 0

Answer:

a. a flood that destroys a great deal of the corn crop?

The flood decreases the supply of corn and shifts the supply curve to the left which increases the price and decreases quantity in the market.

b. a rise in the price of wheat (a substitute for corn)?

Substitute goods are purchased in substitution as a rise in the price of one increases the demand for other and vice verse.

The rise in price of wheat increases the demand for the corn which shifts the demand curve to the right and increases both price and quantity.

c. a change in consumer tastes away from corn dogs toward hot dogs?

The change in tastes decreases demand which shifts demand to the left and decreases price and quantity both.

d. an increase in the number of demanders in the corn market?

The increase in buyer increases demand and both price and quantity increase as demand curve shifts to the right.

Explanation:

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When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, t
gulaghasi [49]

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

7 0
3 years ago
Ok. if a person had a 1-7 IQ would you still date them?
zhenek [66]

Answer:

I dont think so no loooool

3 0
3 years ago
If Ben and the HR managers do nothing about the promotion opportunities in the organization, employee satisfaction is likely to
Andru [333]

Answer:

Employee satisfaction is likely to be lower

Explanation:

Promotion opportunities are an important form of reward inside an organization. If there are no promotion opportunities in place, this means that employee satisfaction will likely be lower, because there one incentive less to work hard: the incentive of being promoted.

3 0
3 years ago
If stock is issued for a noncash asset, the asset should be recorded on the books of the corporation at A. a nominal amount. B.
Juli2301 [7.4K]

Answer:

correct answer is option C

Explanation:

correct answer is option C

fair value is the price which we will receive  to sell an asset or paid to transfer the liability .It is the price of asset at which it is exchange between knowledgeable parties by there own will and not under any pressure.

when the assets is being exchanged at the market then this type of exchange is  known as market value.

hence, the most suitable answer is option C FAIR VALUE

3 0
3 years ago
An author has signed a contract in which the publisher promises to pay her $10,000 plus 20 percent of gross receipts from the sa
andre [41]

Answer:

False. The author will NOT prefer a higher book price than will the publisher.

Explanation:

It is evident from the diagram -please check the attached image to the exercise- that the author wants to set a lower price than the publisher (to sell the higher quantity) .

4 0
3 years ago
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