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
Mandarinka [93]
2 years ago
7

Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would

a Christmas tree farm and the overall industry respond to the price change under the following circumstances
Business
1 answer:
Brilliant_brown [7]2 years ago
5 0

The Christmas tree farm would respond by:

  • In the short run, producers are going to earn profits and also increase their supply of the product.

This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.

As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.

This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.

Read more on brainly.com/question/25083966?referrer=searchResults

You might be interested in
Which best ranks Agriculture, Food, and Natural Resources careers from highest to lowest required degree? Veterinarian → Nursery
pshichka [43]

Answer

Food is what we get from agriculture.

To rank the given option from the highest to lowest degree of importance, we need to do a little research on the each of the individual subjects.

these can be arranged in the following order.

(1) Food

(2) agriculture

(3) natural resources careers.

5 0
3 years ago
Read 2 more answers
Prepare Journal Entries in a Purchases Journal
kenny6666 [7]

Answer:

Explanation:

DATE Account AccountsPayable OfficeSupplies OtherAccounts

         Credited         credit                   debit                  debit

Apr. 4  Officemate    $620                 $610                 no entry

Apr. 9  Tek Village    $2,460                                       $2,460

Apr. 16Officemate     $170                   $170                  no entry

Apr. 19  Paper to Go $250                 $250                 no entry

Apr. 30 Total          $3,500                 $1050                $2,460

b. Total amount posted / credited to accounts payable=  $( 620+2,460 + $170 + 250) = $3500

Total amount from and debited from Office supplies = $(610 + 170+ 250) = $1050

What is the April 30 balance of the Officemate Inc. creditor account assuming a zero balance on April 1?

$ __170____ ie $ 610 + 170 - 610( because invoice on April 4th was paid on April 27th.

8 0
3 years ago
Barbara owns a manufacturing plant with four facilities(North, South, East and West) in the state of Indiana. The workers at the
Leno4ka [110]

Answer:

Union power

Explanation:

Union members usually earn a higher salary than non-unionized employees carrying out the same tasks in similar companies due to union power. Basically unions exercise their power of representing workers through their ability to call on a strike. Also, unions negotiate wage increases on a yearly basis, while non-unionized workers must negotiate on their own.

7 0
3 years ago
In the end, businesses that use teams tend to have ______. a. Fewer sick leaves b. More profits c. More management d. Fewer prod
Lyrx [107]

Answer:

The answers B More profits  

Explanation:

Trust me i just made a 100 in the test

4 0
3 years ago
How can you avoid saying "This year I'm going to start my business" for years?
Irina-Kira [14]

It might be wrong but I think its the first option make plans.


5 0
2 years ago
Read 2 more answers
Other questions:
  • A bond's ______ is generally $1,000 and represents the amount borrowed from the bond's first purchaser. A bond issuer is said to
    12·1 answer
  • A.The loss on the cash sale of equipment was $4,375 (details in b).B. Sold equipment costing $97,875, with accumulated depreciat
    15·1 answer
  • The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some
    15·1 answer
  • When robert includes elements in his clients' advertising campaigns that are rare, surprising, or move away from the obvious or
    5·1 answer
  • The National Transportation Safety Board has proposed a new regulation that would require children under the age of two to be st
    10·1 answer
  • Vicenzo is the sole owner and manager of a startup company. As the business grows, he finds it more difficult to fulfill the nee
    15·1 answer
  • 1. Why does Sutherland argue that businesses need to think about the small stuff rather than the big, splashy things?
    12·1 answer
  • Spotlight on India and Mexico Question Number 1) India’s rapidly expanding service sector of educated workers represents more th
    9·1 answer
  • The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan in
    6·2 answers
  • Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!