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krek1111 [17]
3 years ago
7

Weather disruptions in agricultural areas will: A. Reduce the demand for food, decreasing the equilibrium price and quantity of

food. B. Reduce the supply of food, increasing the equilibrium price and quantity of food. C. Increase the supply of food, decreasing the equilibrium price, but decreasing the equilibrium quantity of food. D. Increase the demand for food, increasing the equilibrium price and quantity of food. E. Reduce the supply of food, increasing the equilibrium price, but reducing the equilibrium quantity of food.
Business
1 answer:
SashulF [63]3 years ago
4 0

Answer:

e

Explanation:

Due to weather disruptions in agricultural areas , farms would be negatively affected and this would reduce supply. If supply is reduced, the supply curve shifts inward. This would lead to an increase in equilibrium price and a reduction in equilibrium quantity

For example, an hurricane would destroy farms

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The correct statement is that in the <u>spreadsheet </u>below, a <u>financial plan</u> for<u> </u><u>protecting assets </u>is missing. So, the correct option is C.

A financial plan for protection of assets seems to be missing, as there is no payment of premium of insurances in cash outflow columns.

<h3>Financial Plan </h3>

A financial plan refers to as the estimation and strategy making of the cash flows that an individual or an organization is to manage.

In the example above, it can be seen that there are a lot of cash outflows, but not a single dollar is spent on protecting the assets by way of payment of insurance premium.

So, a financial plan for protecting assets is advised to be created, as the individual will require protection against any unwanted and unprecedented losses or damages.

Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing as there is no payment towards insurance premiums in the cash outflows.

Learn more about Financial Plan here:

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Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At
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Answer:

Continue operating; $699

Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

The AFC or average fixed cost

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The total fixed cost

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The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

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The following costs were incurred in May:
algol13

Answer:

d. $55,600

Explanation:

Direct Labor = $34,000

Manufacturing Overhead Cost = $21,600

Conversion Cost = Direct Labor + Manufacturing Overhead Cost

Conversion Cost = $34,000 + $21,600

Conversion Cost = $55,600

So, the conversion costs during the month totaled $55,600.

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Leslie works for a local ad agency as an intern. The agency is hired to develop an advertising campaign for a chain of coffee sh
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With reference to the above scenario, "big ideas":

could become the bases of creative and successful advertising campaigns.

Explanation:

  • The 1st option is not correct as the statement "big ideas are impossible to develop as they are not applicable to retail chains" is not correct because ideas are required by every company.
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