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-BARSIC- [3]
2 years ago
9

the cost of sunflower seeds has increased. sunflower seeds are an input when sunflowers are produced. explain how this change wi

ll affect the market for sunflowers.​
Business
1 answer:
tiny-mole [99]2 years ago
3 0
The cost of sunflower seeds will make the suppliers to supply it at a higher price. This will lead to a general increase in the cost of production. The output price of the product, which is sunflower will also increase.
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Answer from the person who asked the question.

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Answer:

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Explanation:

Giving the following information:

Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $75,000 per year, and allocated fixed costs are $70,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.90 per unit

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