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user100 [1]
3 years ago
14

What will happen to the equilibrium price and quantity of Romaine Lettuce if a new fertilizer increases yields and makes the let

tuce cheaper to produce? Group of answer choices Quantity will rise, so price will fall, causing demand to rise. The increase in demand will cause price to rise back up. Price will fall so firms will decrease production, causing equilibrium quantity to fall too. Supply will shift right, so equilibrium price will fall and equilibrium quantity will rise. Price will fall, so demand will rise causing equilibrium price and quantity to rise.
Business
1 answer:
krok68 [10]3 years ago
7 0

Answer:

What will happen to the equilibrium price and quantity of Romaine Lettuce if a new fertilizer increases yields and makes the lettuce cheaper to produce? Group of answer choices Quantity will rise, so price will fall, causing demand to rise. The increase in demand will cause price to rise back up. Price will fall so firms will decrease production, causing equilibrium quantity to fall too. Supply will shift right, so equilibrium price will fall and equilibrium quantity will rise. Price will fall, so demand will rise causing equilibrium price and quantity to rise.

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In evaluating the profit center manager, the income from operations should be compared a.across profit centers b.to historical p
olya-2409 [2.1K]

Answer: to historical performance or budget

Explanation:

A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.

This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.

If the profit center exceeds either of these then they are performing well.

6 0
3 years ago
What is a trade-off?
mojhsa [17]
The best answer is:
C) <span>a choice that must be made due to scarcity.
A tradeoff occurs when you must choose between two or more things, selecting the best option given the constraints. Choosing what to spend your allowance on, for example, is involves a trade-off that you must make due to the scarcity of your allowance money (you don't have unlimited money). D is a tempting answer, but it does not define trade-off as well as C. </span>
3 0
3 years ago
attempt to avoid price competition, prefering instead to differentiate themselves by precisely targeting customer segments with
ELEN [110]

Answer:

Specialty store

Explanation:

A specialty store is a retail business that specializes in a particular range of products and its related merchandise.  A specialty store will have an extensive depth of the merchandise that its stocks. For example, a business may focus on office supplies, men clothing, or household appliances as opposed to having a wide range of consumer products.

Specialty stores will often sell their products at a premium price. They offer excellent and friendly customer service. Employees at a specialty store have in-depth knowledge about their products and will provide expert advice to customers.

5 0
3 years ago
O of 2<br> Fill in the Blank Question<br> A discount related to early payment is a
Tasya [4]

is a discount that buyers can receive in exchange

6 0
3 years ago
What has happened to China’s GPD since it began to reform its economy?
telo118 [61]

Answer:

it has grown substantially

Explanation:

in the past, China's government has total control over other economy. They failed to run it efficiently since the system provide no incentives for people to work harder and invents new things.

In the 1980s, china started to adopted some aspect of Capitalism and let the private sector grow their influence in the economy.

As a result, many people start to have incentives to contribute more to the economy. This system  basically allowed the citizens seek personal wealth for themselves, but they are indirectly improving the country's economy.

6 0
3 years ago
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