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
VashaNatasha [74]
3 years ago
12

Matcha green tea is primarily cultivated by Japanese farmers. Suppose that Matcha green tea grows in popularity as its health be

nefits, namely its lower caffeine content, become known, and at the same time the government reduces taxes imposed on Japanese tea farmers. What is the likely effect on the equilibrium price and quantity in the Japanese Matcha tea market
Business
1 answer:
serious [3.7K]3 years ago
8 0

Answer:

equilibrium quantity would increase

there would be an indeterminate effect on equilibrium price

Explanation:

Due to the increase in popularity of the tea, the demand for the tea would rise. This would lead to a rightward shift of the demand curve. Equilibrium price and quantity would rise.

If taxes are reduced, the cost of producing tea would reduce. This would encourage producers to start making tea. As a result, the supply of tea would increase. This would lead to a rightward shift of the supply curve for tea. As a result, equilibrium price would fall and equilibrium quantity would increase.

Taking these two effects together, there would be an increase in equilibrium quantity and there would be an indeterminate effect on equilibrium price

You might be interested in
You are looking to buy a car and you have been offered a loan with an APR of 5.7 %​, compounded monthly. a. What is the true mon
lukranit [14]

Answer:

Monthly Interest rate = 0.475%

EAR = 5.85%

Explanation:

a.

APR = 5.7%

Monthly Interest rate = APR / n

Monthly Interest rate = 5.7% / 12

Monthly Interest rate = 0.475%

b.

APR = 5.7%

m = 12

EAR = [ ( 1 + (APR / m))^m] - 1

EAR = [( 1 + (0.057 / 12))^12] - 1

EAR = [( 1 + 0.00475 )^12] - 1

EAR = [( 1.00475 )^12] - 1

EAR = 1.0585 - 1

EAR = 0.0585

EAR = 5.85%

True monthly rate of​ interest is 0.475%

EAR is 5.85%

5 0
3 years ago
Which of the following is not one of the four types of analyses outlined in the text as a method for analyzing sales organizatio
Readme [11.4K]

Answer:

e. market-share analysis.

Explanation:

e. market-share analysis because it is not only dependent on sales. Other factors are other industries markets total sales . It is not directly associated with analyzing sales organization effectiveness. Sales organization is responsible for selling and obtaining maximum profits. Optimum profits through least investments is their primary objective. Market share analysis is dependent on a particular period and the sales  during that period ,target company's sales and total market sales.

8 0
3 years ago
What is 44756 ÷167 long divison
Sliva [168]

44756 divided by 167 equals 268 with a remainder of 0

6 0
3 years ago
What is information gathered for a research called?​
mariarad [96]

Answer:

Data

Explanation:

8 0
3 years ago
Read 2 more answers
Alex managers a team of several professional. He is cognizant that he needs to be aware of how stress might present in his workf
mafiozo [28]

Answer:

The correct answer is E.

Explanation:

The correct option is E.

Alex should be wary of employees that experience headaches, back discomfort, and migraines or even depressed people.

Stress makes us respond to pressure be it physical or emotional one. Stress at home or workplace can increase ones blood pressure.

So potential employees or current ones that have headache, migraine or back discomfort are susceptible to stress.

7 0
2 years ago
Other questions:
  • Ron’s gross income is $50,000. He contributed $500 to charity. The mortgage interest on his first home is $3,000 and his medical
    13·1 answer
  • Assume you invested $100,000 into your lawn mowing business, but you could have invested in a similar operation with the same ri
    5·1 answer
  • Bob sold securities in Year 1. The sales resulted in a capital loss of $7,000. He had no other capital transactions. He and his
    10·1 answer
  • The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after
    5·1 answer
  • Recording Initial Transactions and Subsequent Adjustments
    12·1 answer
  • Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 21 and from books is 4
    15·1 answer
  • An investment offers $6,400 per year for 15 years, with the first payment occurring one year from now. If the required return is
    11·1 answer
  • Home Remodeling Inc. recently obtained a short-term bank loan from City National Bank. The bank required that certain credit inf
    8·1 answer
  • How does Apple Inc. demonstrate the importance of the mission and vision to employees and stakeholders?
    6·1 answer
  • A structure was built five years ago. Because of exceptional upkeep, the appraiser estimates the structure's condition today to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!