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Allisa [31]
2 years ago
13

Qucation

Business
1 answer:
RUDIKE [14]2 years ago
3 0

As a result of the record amount of grapes, the equilibrium price decreases while the equilibrium quantity increases. Please find attached the required graph.

<h3>What is the impact of the record amount of grapes?</h3>

If there is a record amount of grapes produced, the amount of wine produced would increase. This is because grapes are an input used in the production of wine.

As a result, the supply of wine would increase. This would lead to a shift to the right of the supply curve for wine. the equilibrium price decreases while the equilibrium quantity increases.

To learn more about supply curves, please check: brainly.com/question/26073189

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Vitek1552 [10]

The answer is <u>C) Advance deposits</u>. I believe.

5 0
4 years ago
Read 2 more answers
In a failed attempt at extending its brand to a new product line, Bic introduced a line of disposable underwear. To the extent t
kodGreya [7K]

Answer:

brand dilution

Explanation:

Brand dilution simply refers to a successful brand becoming a weak brand due to excessive overuse.

This usually happens when:

  • a company extends a successful brand into every single product that they can come up with.
  • in order to increase volume, the company starts to add cheaper versions of the same brand that do not have the same quality.

In this case, Bic started to brand products that aren't related with its main business.

3 0
3 years ago
You have been given this probability distribution for the holding period return for KMP Stock State of the Economy Boom Normal R
Hunter-Best [27]

Answer: The answer is a

Explanation:

Using the formula

Expected Rate of Return = ∑(i =1 to n) Ri Pi

Where Ri = Return in scenario 1

Pi = Probability for the return in scenario 1

i = Number of scenario

n = Total number of probability and Return

P1=30

R1 = 18

P2 = 50

R2 =12

P3 = 20

R3 =-5

Expected Gain =(30 ×18) + (50 × 12) + ( 20 × -5)

= 540 + 600 + - 100

= 1,040

= 1,040 ÷ 100

= 10.4%

7 0
4 years ago
Suppose an industry has a four-firm concentration ratio of 20 percent and a Herfindahl index of 600. According to the cartel mod
Rina8888 [55]

Answer:

a competitive price

Explanation:

a competitive price

A four firm concentration ratio being just 20% shows and it is not mentioning any monopoly. Also a Herfindahl index of 600 is considered low

therefore a firm in mentioned industry likely to have a competitive price as lot of firms are  competing with same market shares.

competitive price is referred to that tactics where all competitor sells all items at same price.

6 0
3 years ago
g In the discussion case, Ikea's Sustainable Cotton Supply Chain, which statement accurately describes IKEA's supply chain? a. T
Ber [7]

Answer:

The long and complex chain involved farming, ginning, spinning, weaving, and stitching.

Explanation:

Base on the scenario been described in the question, the statement that best or accurately describes IKEA's supply chain is the long and complex chain involved farming, ginning, spinning, weaving, and stitching.

7 0
4 years ago
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