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drek231 [11]
4 years ago
5

Knowing that the demand for wheat is inelastic, if all farmers voluntarily did not plant wheat on 10 percent of their land, then

Business
1 answer:
juin [17]4 years ago
7 0

Answer:

Since the demand for wheat is inelastic, it means that a change in the price of wheat will result in a smaller proportional change in the quantity demanded.

Since the farmers will decrease their production of wheat by 10% and the demand for wheat will remain practically unchanged, the price of wheat should increase more than 10%, therefore increasing the farmer's total revenue.

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You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties
sdas [7]

You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties on a regular basis. this typical fee structure for a franchise is an Example Of an advantage For An Franchisor.

In the aforementioned scenario, we first pay the initial franchise fees and then we are required to pay royalties on a regular basis. As a result, it is obvious that the franchisor benefits financially and that overall growth also benefits because the franchisor does not assume any risk in the Planet Fitness Gym; instead, they merely provide their franchises and receive regular basis income.

Additionally, they lower market and gym startup costs, among other things. They also gain from the fact that opening a new gym raises the value of their brand in the marketplace, which helps the franchisor long-term and accelerates their overall growth.

A franchise is a kind of license that gives a franchisee access to a franchisor's confidential company information, operational procedures, and trade names, enabling the franchisee to conduct business under the franchisor's brand.

Learn more about franchise here

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3 0
2 years ago
During a typical performance at seaworld what activities do the orcas do
pishuonlain [190]
<span>The orcas at Sea World do many activities in their shows. They do dives and jumps. They also catch balls, jump through hoops, retrieve items, and more. They do all of this for rewards of fish which is what is used when they're being trained.</span>
5 0
3 years ago
Which statement on MRP explosion is BEST? Group of answer choices It calculates the total number of subassemblies, components, a
lutik1710 [3]

Answer:

It calculates the total number of subassemblies, components, and raw materials needed for each parent item.

Explanation: A maximum retail price (MRP) is a manufacturer calculated price that is the highest price that can be charged for a product sold in India and Bangladesh. However, retailers may choose to sell products for less than the MRP.

It is called Process Explosion to refer to Routings (Bill of Operation), take the manufacturing order to processes, and then issue an operation order by the process. By performing the Process Explosion, the necessary processes to produce an item, the order for performing them, the labor hours in each process, and etc.

7 0
3 years ago
Studies of the effects of immigration into the United States from Mexico tend to find that the big winners are the migrants them
Cerrena [4.2K]

Answer: Please refer to the explanation section

Explanation:

the question is incomplete, example in problem 6 in not provided , how ever the question is clear enough with regards to what is required we will explain the effects of migration in the united states economy.

Many Sectors in the economy of the united states, have benefited and continue to benefit from the immigration into the united states from mexico. When Mexicans migrate to the United states different sector benefit because of the expanded skilled and semi skilled workforce. Hospitality sector, construction sector, Business sector benefits from the migration of Mexicans to the united states even the government does benefit because more workers more tax collected. however there are costs associated with immigration for mexico and united states with mexico loosing skilled labour.  The big winners in immigration are immigrants them selves.

Immigrants get access to quality services and their standard of living improves because of working and living in a developed country like The united states.

Immigration would increase rapidly if borders were open with no restrictions on immigration, an increased number of people migrating to the United State will end up creating more costs than benefits for the country. Unemployment rate will increase because there would more work than jobs available.

8 0
4 years ago
suppose that the equilibrium orice of t-shirts increases and the equilibrium quanitiy of t-shorts decreases. this is best explai
Len [333]

Answer: Supply of T-shirts decreasing

Explanation:

If the supply of T-shirts decreases, the equilibrium quantity of t-shirts being supplied to the market will decrease as well. Assuming that demand stays the same, the leftward shift of the supply curve will intersect with the demand curve at a higher equilibrium price.

This is simply because as the t-shirts are in short supply, people will be willing to pay more to have them as they are not as widespread as before.

7 0
3 years ago
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