A g drought ravaged crops across the United States during the summer of 2012. What is the likely impact of this drought on the price of corn

Answers

Answer 1

Answer: Increase

Explanation:

The price of corn will increase sharply due to the relative scarcity of corn in the market.

Graphically depicted, the Supply curve will shift to the left due to reduction in supply of corn brought upon by the drought. It will then intersect with the demand curve to bring about a new equilibrium price with a higher price.


Related Questions

Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China.B. Most wine consumed in China was imported from California.C. Despite the tariffs, the volume of wine exports from the United States to China has increased slightly.D. Only the United States has used tariffs in this trade dispute with China.

Answers

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

Many economists believe there is a conflict between the economic goals of growth and equity. Do you agree or disagree? Provide your reasons.

Answers

Answer:

There should be no conflict between economic growth and equity. Some conflicts may arise, since generally economic growth benefits the richest more than the rest of the population, but government policies can offset this situation, and the living proof are Scandinavian countries.

The theory that leads to conflict is the trickle down effect (supply side economics) since it advocates for allowing rich people to get so rich that they will eventually realize that the only that they can get richer is by distributing some of their wealth. That never happens.

Supply side economics, and all other variations of classical economics, monetarism and neo-classicism are great in theory, but they have never worked in real life.

This is economics question

Answers

Answer:

I think "A & B are correct."

Explanation:

Risk*

At a team meeting, your manager addresses some of the discord between your team members and suggests that your team should work individually instead of as a group. She asks if anyone has an opinion on the subject. You know that there are often tough times when working in a group, but in the end your team always produces great results. What could you say to convince your manager to keep your team working together

Answers

Answer: Diverse teams made up of people with different experiences are better able to create competitive advantages in the marketplace

Explanation:

Based on the scenario given in the question, what I would say to convince the manager to keep the team working together is that "diverse teams made up of people with different experiences are better able to create competitive advantages in the marketplace".

For the growth and development of every organization, teamwork is required and a diverse team that consult of people with different experience and skills will help achieve this. Everyone contributes his or her own quota on the achievement of organizational goals.

Review the course learning outcomes and preview the assignments and discussions early in the course. In doing so, you will gain an understanding of what is ahead and be better prepared to ask questions and strategize successful completion of the course. Then, describe how your understanding of the human resource management concepts in this course may support your current role or a position you would like to obtain.

Answers

Explanation:

Human resources is one of the organizational resources that will bring the most sustainable competitive advantages to a company. In the globalized and competitive environment, companies have become promoters of social and environmental well-being in addition to being merely profitable entities, which involve all their stakeholders, from end customers, such as investors, suppliers and employees.

The human resources department needed to adapt to this new demand from society, and then manage human capital more ethically and effectively. The workplaces of large companies are made up of people of different cultures, nationalities and values, so it is essential that each organization has policies and practices that include protection, integration and respect for the values ​​and profile of each employee.

Therefore, it is also necessary for each employee to adapt to the multicultural work environment, be ethical, have good communication skills and adapt to new work dynamics, always seeking innovation and business vision.

Blaine is not able to take an adjustment to income for: a. Lodging and meals b. Travel to/from duty station c. Uniforms d. Both a and b

Answers

Answer:

b. Travel to/from duty station

Explanation:

The IRS allows certain tax deductions, e.g. uniforms that are different to everyday normal clothes can be tax deductible, and lodging and meals when traveling for business purposes are also tax deductible. But commuting expenses, e.g. what you spend going to work every day is not tax deductible.

Outline and discuss the major categories of reimbursements and costs in a health care organization. How do they influence each other

Answers

Answer:

In healthcare organisations, main compensation and expense divisions focus on where they are utilised; there's many various types of entities, including such: profits, non-profit as well as residential. Stockholders of benefit organisations on the company and earn income from them.

Non-profit agencies raise revenue from their patient/consumer programmes and are prohibited from collecting tolls. In private coverage, the organisation department will supply the healthcare professional with direct payment.

The category of service user, such as as someone who spends with his own funds and someone who uses  different private programmes available in market.

Imagine that you own a small hardware store and need to price several new items. What legal considerations would you need to take when pricing these items

Answers

Answer:

The legal considerations that would be taken into account when pricing items in a small hardware store are:

1. Predatory pricing: This strategy prices items very low for the purpose of eliminating competition. It is illegal.  Since predatory pricing violates antitrust laws, it causes the rising of monopolistic markets and the creation of monopolies.  The allegations of predatory pricing are usually hard to prove because of the counter-argument that it could be part of normal competition.

2. Price discrimination:  The Robinson-Patman act prohibits price discrimination or the attempt of companies to sell the same goods at different prices to different consumers.

3. Both predatory pricing and price discrimination because of their negative economic consequences are regarded as deliberate moves by business entities to undermine the marketplace and the forces of demand and supply.  They are frowned at ethically and severely punished in the court of law.

Explanation:

When setting prices, it is a standard practice to consider all factors that could result in business problems and legal battles.  It is not only economic profit consideration that should be taken care of, but there are competitive, socio-legal, and growth factors to be considered.  Ethics is also another important consideration.  Unethical violations could lead to fraudulent and illegal prosecutions.

Briefly describe the disadvantages of multiple points of contact for a user who has a question or problem.

Answers

Incomplete question. The options:

The user may not know whom to contact about a problem.The user may misdiagnose the problem and contact the wrong contact person.The contacts may not know the answer.The contacts may disagree about the solution to a problem

Answer:

The contacts may disagree about the solution to a problem

Explanation:

Of course, there is a likelihood of disagreement between the contacts as they may have slightly to very broad different opinions about how to solve a particular problem.

For example, imagine a customer has a problem he believes can be solved, he decides to;

contact support team A via phone call, he's attended to and offered a solution, still unclear he againcontacts another support team (team B) via email, in this case, a different support staff attends to him.

Finally, he likely discovers that the suggestions made by the contacts disagree (not in harmony) about the solution to a problem.

In San Francisco, city regulations cap taxi licenses at 1500, creating a system in which demand for taxis exceeds supply and customer service is inadequate. Group of answer choices Strength Weakness Opportunity Threat

Answers

Answer: Opportunity

Explanation:

SWOT simply stands for the strengths, the weaknesses, the opportunities, and the threats that a particular business may face. Strengths are the attributes that are necessary to achieve organizational goals and to be successful.

Weaknesses are the attributes that re detrimental to the success of the company or achieving organizational goals.

Opportunities are the external factors that are favorable which can give a competitive advantage to an organization or allow the organization achieve its goals. Threats could hinder the success of the company.

Based on the analysis, the answer is Opportunity.

Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.):

Answers

Answer:

1. $15,406

2. $6,461

3. $2,118

4. $15,262

Explanation:

Calculation to Determine the present value

1. Calculation for the Present Value of $31,000, n= 12, i =6%

First step is to find the Present value of $1:

n= 12, i =6% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 12, i =6% (from PV of $1) is 0.49697

Now let Calculate the Present Value of $31,000,n= 12, i =6%

Present value=$31,000 *0.49697

Present value= $15,406

2. Calculation for the Present Value of $25,000, n= 20, i =7%

First step is to find the Present value of $1:

n= 20, i =7% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 20, i =7% (from PV of $1) is 0.25842

Now let Calculate the Present Value of $25,000, n= 20, i =7%

Present value=$25,000 *0.25842

Present value= $6,461

3. Calculation for the Present Value of $36,000, n= 25, i =12%

First step is to find the Present value of $1:

n= 25, i =12% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 25, i =12% (from PV of $1) is 0.05882

Now let Calculate the Present Value of $36,000, n= 25, i =12%

Present value=$36,000 *0.05882

Present value= $2,118

4.Calculation for the Present Value of $51,000, n= 14, i =9%

First step is to find the Present value of $1:

n= 14, i =9% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 14, i =9% (from PV of $1) is 0.29925

Now let Calculate the Present Value of $51,000, n= 14, i =9%

Present value=$51,000 *0.29925

Present value= $15,262

Therefore the PRESENT VALUE will be:

Future Amount i = n = Present Value

1 $31,000 6% 12 =$15,406

2 $25,000 7% 20 =$6,461

3 $36,000 12% 25 =$2,118

4 $51,000 9% 14 =$15,262

Tenpenny Tower was built in 1985. However, the building has been constantly maintained and remodeled. In valuation terms, the building's _________ age is greater than the building's _________ age.

Answers

Answer: effective age, chronological age

Explanation:

Effective age is the estimate of the age of a particular structure which is typically based on the condition and the utility of such structure.

Chronological age has to do with the amount of time from the day the building was constructed to the present age.

Based on your learning of value chain, business strategy and product / market combinations do you share Dawar’s arguments that marketing is indeed becoming strategy? Why?

Answers

Answer: Marketing is becoming more strategic, firms are in a fierce competition to prove themselves to their clients and customers that they are the best at what they do.

Explanation:

I share in Dawar's argument that marketing is becoming more strategic, firms are in a fierce competition to prove themselves to their clients and customers that they are the best at what they do. business strategies are now increasingly inclined towards customer centric activities. Businesses are now focused not only on increasing market share but also on retaining customers as the competition in the market are increasing day by day.

A cylindrical garbage can has the dimensions shown.



A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A

What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.

Enter the correct answer in the box.

about
square inches
Question 2
Part B

What is the area of the vertical cross section of the cylinder through the centers of the bases?

Enter the correct answer in the box.

square inches
Question 3
Part C

Which cross section has the greater area, and by how much?

Select the correct answers from the lists to complete the sentence.

The vertical cross section has the greater area, by about 66.96 square inches.

PLEASE ANSWER PART B

Answers

Hi, quick question, shouldn’t this question be in that math category instead of the business category?

If the reserve ratio is 5 percent, then $500 of additional reserves would ultimately generate:________

Answers

Answer: B. $10,000 of new money.

Explanation:

If the reserve ratio is 5 percent, then $500 of additional reserves would ultimately generate $10,000 of new money. Thus, option B is correct.

 

What is reserve ratio?

Capital requirements are rules established by central banks that specify the minimal volume of liquid assets that a financial institution must retain. The amount of reservable obligations as commercial banks must keep onto but instead of lend outside or reinvest is known as the reserve ratio.

The sum of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen departures is known as the deposits. The central bank uses margin requirements as little more than a tool to alter the amount of cash in the system and affect lending rates.

The formula will be derived as the

(Additional reserve/ rate or the percent) * 100

= ( 500 / 5) 100

= 10000

Therefore, option B is the correct option.

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The question is incomplete, the complete question will be:

A. $10,500 of new money.

B. $10,000 of new money.

C. $9,500 of new money.

D. $2,500 of new money.

When the Sales Tax feature is enabled in QuickBooks Online, where must you record sales tax payments?

Answers

Answer:

Sales Tax Center

Explanation:

          QuickBooks Online is an online service for accounting software package that is developed as well as marketed by Intuit. Its products are mainly small or medium sized business and other accounting applications and cloud based version which accept management and payment of bills, business payments, payroll functions, etc.

         In QuickBooks, we use the Pay sales tax window to create the sales tax payments. Intuit offers a new and advance version of sales tax feature in QuickBooks Online. We must record the sales tax payments in the sales tax center when the sales tax feature is enable in QuickBooks Online.

Imagine that you are on the new business development team in your company. The team has been tasked with identifying a prospect list in a new sector. Which team decision-making approach will be best given the need for the team to be innovative in the generation of ideas

Answers

Explanation:

Analyzing the information, the most appropriate team decision-making approach is the Nominal Group Technique, which is a very appropriate group dynamics process when there is a need for the team to be innovative in generating ideas. Through this approach to team decision making, brainstorming can occur, which is the integration of all members in a dynamic process that seeks some common goal, as in the case of the question, which is to identify a list of potential customers in a new sector.

Through the technique of the nominal group, the team meets in order to discuss the problem to find a solution through innovative ideas and generation of ideas that can arise through the communication of the team. This is an approach that consists of a few steps that includes a final vote on the solutions found, which helps in the interactive and participatory process of all members of the group.

GROCERY STORE PROBLEM: A local grocery store faces demand for one of its items at a constant rate of 20,000 boxes per year. It costs them $5 to process an order and $0.50 per box per year to carry the item in stock. The stock is received three working days after an order is placed. Assume 250 working days in a year and no backordering. What is the demand during lead time assuming that there is no variability

Answers

Answer: 240

Explanation:

The following information can be gotten from the question:

Annual demand (D)= 20000

Daily demand (d) = 20000 / 250 = 80

Ordering cost (S) = 5

Holding cost (H) = 0.5

Lead time (L)= 3 days

The demand during lead time would be gotten by multiplying the daily demand by the lead time. This would be:

= 3 × 80

= 240

Select the correct answer from each drop-down menu. In which year was Sarbanes-Oxley Act passed and what was its main objective? The Sarbanes-Oxley Act was passed in . Its main objective is to drive improvements in companies’ internal controls to safeguard .

Answers

Answer:

1. Sarbanes- Oxley Act was passed into law in 2002, precisely in July 2002.

2. Its main objective is to restore investors' confidence in the financial markets.

Explanation:

The U.S. law that makes corporate financial disclosures more reliable and accurate is known as the Sarbanes-Oxley Act of 2002 or the Public Company Accounting Reform and Investor Protection Act of 2002. It followed the financial disasters (of Enron and Worldcom).  It primary purpose was to restore investors' confidence in the financial markets, especially with respect to audits.

Answer:

The Sarbanes-Oxley Act was passed in 2002. Its main objective is to drive improvements in companies’ internal controls to safeguard investor interest.

Explanation:

I'm doing the same Edmentum course and was wondering if anyone else needed the answer because I found it.

Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-intercept of the budget line.

Answers

Answer:

The value of the x-intercept of the budget line is 25.

Explanation:

Based on the question, the budget line equation is as follows:

X5 + Y7.5 = 125 ......................... (1)

Where;

X = Unit of commodity X or value of the x-intercept of the budget line

Y = Unit of commodity Y or value of the y-intercept of the budget line

To calculate value of the x-intercept of the budget line, we assume that Y = 0. Substituting Y = 0 into equation (1) and solve for X, we have:

X5 + (0 * 7.5) = 125

X5 = 125

X = 125 / 5

X = 25

Therefore, the value of the x-intercept of the budget line is 25.

New York City is the most-visited city in the world.

A. True
B. False

Answers

Answer:

A. True

Explanation:

New York is the most popular city in the US and home to the world-famous statue of liberty. New York city has attractive tourist destination sites and offers wonderful shopping experiences. In 2019, the city welcomed over 13.5 million visitors from outside the US.

New York is the most sought tourist destination. It is also the most visited city in the world.

True.

So far the most-visited city's in the world are, 1st= New York City (66.6million), 2nd= London (30million) and 3rd= Bangkok (22.7million).

Suppose Americans working in the textile industry decide to boycott goods made in the European Union. Explain how this boycott will affect each of the following: The supply of dollars The international value of the dollar

Answers

Answer: See explanation

Explanation:

The supply of dollars: The boycott by the Americans would result in the reduction in the supply of dollars on the international market. This is due to the fact that there will be less dollar going to the European Union.

The international value of the dollar: There'll be a depreciation in the value of the dollar. A reduction in demand would lead to decline in it's value.

the resources used to create wealth are collectively referred to as

Answers

Factors of production im pretty sure

Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent. (a) Calculate the total rental cost and total buying cost

Answers

Complete Question

Annual rent $ 7,380

Insurance 145

Security deposit 650

Annual mortgage payments $9,800 ($9,575 is interest)

Property taxes 1,780

Insurance/maintenance 1,050

Down payment/closing costs 4,500 Growth in equity 225

Estimated annual appreciation 1,700

Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent.

(a) Calculate the total rental cost and total buying cost.

Answer:

Explanation:

(a)Rental Costs

Buying Costs $7,380

Rent $9,800

The following calculations were made:

Interest lost on security deposit

= Security deposit × 7%

= $650 × 0.07 = $45.5

Interest lost on down payment and closing cost

= Down payment × 7%

= $4,500 × 0.07 = $315

Tax savings for mortgage interest =

Interest × 28%

$9,575 × 0.28 = $2,681

Tax savings for property taxes =

= Property taxes × 28%

$1,780 × 0.28 = $498

the lazy company's cost of goods manufactured was $240,000 when its sales were $400,000 and the gross margin was $120,000. if the ending inventory of finished goods was $200,000 the beginning inventory of finished goods must have been

Answers

Answer:

$240,000= beginning finished inventory

Explanation:

To calculate the beginning inventory of finished goods, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

First, we need to calculate the COGS:

Gross margin= sales - COGS

COGS= 400,000 - 120,000

COGS= $280,000

280,000 = beginning finished inventory + 240,000 - 200,000

240,000= beginning finished inventory

Linda owns a cosmetics manufacturing and retail business. She plans to launch a new product, and wants to make a product announcement to some of her chosen regular clients. Which mode of business communication might serve Linda’s purpose? A. email B. business letter C. memorandum D. fax

Answers

Answer:

the correct answer is B. business letter

Explanation:

Business letters are printed modes of formal communication with external stakeholders. Such letters are usually short and include specific details. Invoices, payment-due notices, customer complaints, and product announcements are examples of business letters.

For the purpose of mass communication regarding new product announcement to the regular clients, Linda may use the modes of communication like email.

What are the modes of communication?

Modes of communication are such modes, which are used to convey a message or a part of communication to an individual or a group at a given time and for a specific purpose.

In the above situation, Linda might have the email addresses of her regular customers. With the help of communication modes like email, she might be able to make an announcement of a new product to her clients.

Hence, option A; email serves as the best mode of communication for Linda to convey the message of new product announcement to her regular clients.

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Discuss how to find a good balance between work and home life and prevent stress or
overload

Answers

Answer:

Play to your strengths. Don't try and be all things to all people. ...

Prioritise your time. ...

Know your peaks and troughs. ...

Plot some personal time. ...

Have set work hours – and stick to them. ...

Find time for your finances. ...

Manage your time, long term. ...

Make your workspace work for you.

I'm asking again because I legit need help on this. Best answer gets brainliest.

One of the biggest differences between a public sector business and a private sector business is the use of tax dollars. Public sectors businesses entirely run off of tax money, while private sector business depend on making money through selling goods or services.

1. What do you see as some of the POSITIVE aspects of depending on tax money to run a business?

2. What do you see as some of the NEGATIVE aspects of depending on tax money to run a business.

Answers

Answer:

1. the positively here is you are sure of the money need to run the business even without one doing much as long as taxes are paid and these business sectors under this category are non profit organization but for the betterment of the people

Explanation:

2. no profit is made so no gain, no specifiation on the goods to fit the requirements of the masses and mass production is mostly low quality.

During 2020, Dyrdek’s Skate Shop, Inc., had a cash flow to creditors of –$60,000 and the cash flow to stockholders for the year was $70,000. Suppose you also know that the firm’s net capital spending for 2020 was $1,320,000, and that the firm reduced its net working capital investment by $59,000. What was the firm’s 2020 operating cash flow, or OCF?

Answers

Answer:

$1,271,000

Explanation:

Calculation for What was the firm’s 2020 operating cash flow, or OCF

First step is to calculate the Cash flow from assets using this formula

Cash flow from assets=Cash flow to creditors + Cash flow to stockholders

Let plug in the formula

Cash flow from assets=–$60,000 + $70,000

Cash flow from assets = $10,000

Now let calculate the operating cash flow using this formula

Operating cash flow=Cash flow from assets-Reduction in Net working capital investment+Net capital spending

Let plug in the formula

Operating cash flow=$10,000-$59,000+$1,320,000

Operating cash flow=$1,271,000

Therefore the firm’s 2020 operating cash flow, or OCF will be $1,271,000

The operating cash flow is $1,391,000.

Calculation of the operating cash flow:

Since

Cash flow from assets = cash flow to creditors + cash flow to stockholders

= $60,000 + $70,000

= $130,000

Now

Operating cash flow = Cash flow from assets - reduction in net working capital + net capital spending

= $130,000 - $59,000 + $1,320,000

= $1,391,000

Hence, we can conclude that The operating cash flow is $1,391,000.

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Identify each statement as true or false. 1. Process cost systems are used to apply costs to similar products that are mass-produced in a continuous fashion. select between True and False 2. A process cost system is used when each finished unit is indistinguishable from another. select between True and False 3. Companies that produce soft drinks, movies, and computer chips would all use process cost accounting. select between True and False 4. In a process cost system, costs are tracked by individual jobs. select between True and False 5. Job order costing and process costing track different manufacturing cost elements. select between True and False 6. Both job order costing and process costing account for direct materials, direct labor, and manufacturing overhead. select between True and False 7. Costs flow through the accounts in the same basic way for both job order costing and process costing. select between True and False 8. In a process cost system, only one work in process account is used. select between True and False 9. In a process cost system, costs are summarized in a job cost sheet. select between True and False 10. In a process cost system, the unit cost is total manufacturing costs for the period divided by the equivalent units produced during the period.

Answers

Answer:

1. True

2. True

3. False - movie companies will not.

4. False

5. False

6. True

7. True

8. False

9. False

10. True

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