What is the effect of this event on the quantity of beef supplied and on the supply of beef?

Answers

Answer 1

The effect of this occasion on the quantity of beef supplied and on the supply of beef is The quantity of beef supplied decreases and the supply of beef is unchanged.

What occurs when quantity supplied decreases?

A decrease in direction will cause the equilibrium price to fall; quantity supplied will decrease. An increase in supply, all other things untouched, will cause the equilibrium price to fall; quantity required will increase. A decrease in supply will cause the balance price to rise; quantity demanded will decrease.

What drives the quantity supplied to decrease?

The law of supply says that a higher price leads to a higher quantity provided and that a lower price leads to a lower quantity supplied.

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Complete Question is,

A. The quantity of beef supplied decreases and the supply of beef also decreases

B. The quantity of beef supplied increases and the supply of beef also increases

C. The supply of beef decreases and the quantity of beef supplied is unchanged.

D. The supply of beef is unchanged and the quantity of beef supplied increases.

E. The quantity of beef supplied decreases and the supply of beef is unchanged.


Related Questions

Exchange rates, interest rates, and inflation are all considered part of the _________ environment.

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Exchange rates, inflation, and interest rates are all considered part of the economic environment.

The economic environment is referred to as the macro-economic factors, which includes, economic growth, national income, and inflation, which thus affect patterns of consumer and business spending. Thus, companies sell products at lower prices and so they are able to attract larger number of customers.

When considering the rise and fall of the economy in general, within certain industries, or maybe in the specific parts of the world, this rise and fall of economy has a big impact on what customers tend to buy.

Hence, the economic environment is considered important because of the rapid integration of international economic markets.

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______ is a term that describes involuntary turnover of employees that an organization performs to reduce costs.

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Downsizing is a term that describes involuntary turnover of employees that an organization performs to reduce costs.

What is Involuntary turnover?

Layoffs, force reductions, and the firing of underperforming personnel are all examples of involuntary turnover. The first kind of involuntary turnover would be seen as undesirable since it could have an impact on the management and financial activities of the organisation. The second would be more positive for the business as we outlined above. One sort of turnover that takes place when a person is let go from a job is involuntary turnover. Employees may be fired for a variety of reasons, such as subpar work performance or inappropriate behaviour, which is frequently referred to as unproductive work behaviour (CWB).Pre-employment exams can be used during the hiring process to reduce involuntary turnover. One major factor in involuntary turnover, for instance, is the failure of new hires to comprehend and implement the training they receive.

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Garrett was just convinced to buy life insurance. in terms of the hierarchy, he is driven by his ________ needs when he seeks financial security for his family should he die unexpectedly.

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In a case whereby Garrett was just convinced to buy life insurance, in terms of the hierarchy of needs he is driven by his safety needs when he seeks financial security for his family should he die unexpectedly.

What are hierarchy of needs?

Maslow's hierarchy of needs can be described as the  theory  that was put in place by Abraham Maslow, which stressed  that people are motivated by categories of needs: such as

physiological safety, love esteem, and self-actualization.

Therefore, In a case whereby Garrett was just convinced to buy life insurance, in terms of the hierarchy of needs he is driven by his safety needs when he seeks financial security for his family should he die unexpectedly.

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Your firm currently has taxable income of $80,500. how much additional tax will you owe if you increase your taxable income by $21,700?

Answers

Answer:

$102,200

Explanation:

An annuity is a stream of level, evenly spaced cash flows or cash payments that never ends. group of answer choices
A. true
B. false

Answers

The statement "An annuity is a stream of level, evenly spaced cash flows or cash payments that never ends" is false?

What is an annuity?

An annuity is a stream of level, evenly cash flows or cash payments that is paid to an individual over a definite number of years, in other words, an annuity has a fixed term not that it is paid forever or indefinitely.

However, perpetuity is the stream of evenly spaced cash flows that a beneficiary receives forever, it is similar to annuity, but the difference in the period of payments,  the former has a fixed tenure such as 10 years, whereas the latter is never ending.

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An+investor+is+in+a+30%+combined+federal+plus+state+tax+bracket.+required:+if+corporate+bonds+offer+9%+yields,+what+yield+must+municipals+offer+for+the+investor+to+prefer+them+to+corporate+bonds?

Answers

The municipal bonds must offer return higher than 6.30%. The best after-tax return bonds are those that investors would prefer. Shareholders in corporate bonds must pay taxes on both capital gains and interest payments. The after-tax profit on bond funds at a 9% pre-tax yield is: 9% * (1 - 30%) = 6.30%.

What is Municipal Bonds?

Municipal authorities issue municipal bonds as a means of borrowing money. Municipal bonds give the benefit of gst interest payments, setting them apart from other municipal and commercial bonds. As a result, a municipal bond's payoff is the same before and following taxes.

Municipal bonds have a yield to maturity that is pre-tax plus an after-tax return that is tax-free. If municipal bonds offer a return greater than or equal to that same 6.30% dividend on junk bonds, investors are more likely to pick them.

Therefore,

An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 9% yields, what must municipals offer for the investor to prefer them to corporate bonds?

The municipal bonds must offer return higher than 6.30%.

The best after-tax return bonds are those that investors would prefer. Shareholders in corporate bonds must pay taxes on both capital gains and interest payments. The after-tax profit on bond funds at a 9% pre-tax yield is:

9% * (1 - 30%) = 6.30%.

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In practice, most companies list accounts on their trial balance in alphabetical order. True or false?.

Answers

Answer: false

Explanation:

If a firm has $300,000 in cash flow from assets and $100,000 in cash flow to shareholders, what is the cash flow to creditors?

Answers

If a firm has $300,000 in cash flow from assets and $100,000 in cash flow to shareholders, the cash flow of creditors is 200,000.

The cash flow from assets must equal the sum of the cash flow to creditors plus shareholders.

CF from Assets = CF to Shareholders plus CF to Creditors.

CF From assets = CF to Shareholders + CF to creditors.

CF from assets - CF to Shareholders = CF to creditors.

Thus, 300,000 - 100,000 = 200,000.

What is cash flow (CF)?

One of the areas on the cash flow statement that details how much money was made or spent on various investment-related activities during a given time period is the cash flow from investing activities (CFI) section. Purchases of tangible assets, investments in securities, and sales of assets or securities are all examples of investing activities.

A company's poor performance is frequently indicated by negative cash flow. Negative cash flow from investing activities, however, could be the result of significant sums of money being spent on things like R&D that are essential to the company's long-term success.

It's crucial to understand where an organization's investment activity fits into its financial statements before analyzing the various positive and negative cash flows from investing activities.

The balance sheet gives a summary of the assets, liabilities, and owner equity of a company as of a particular date. An overview of the company's earnings and outlays for a time period is given by the income statement. By displaying how much money is made or spent on operating, investing, and financing activities over a given time period, the cash flow statement fills the gap between the income statement and the balance sheet.

Thus, $200,000 is cash flow to creditors.

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Hiring another worker is not beneficial when the marginal benefit of hiring one more worker _____ the marginal cost, meaning that hiring another worker _____ economic surplus.

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Hiring another worker is beneficial when the marginal benefit of hiring one more worker exceeds the marginal cost, meaning that hiring another worker increases economic surplus.

What means marginal cost?

Marginal cost refers to the increase or decrease in the cost of producing one extra unit or delivering one more customer. It is also known as incremental cost.

Why is marginal cost important ?

Marginal cost is an crucial factor in determining  economic theory because a company that is seeking to maximize its profits will produce up to that  point where marginal cost (MC) equals marginal revenue (MR).

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Yvonne earned $75,000 and paid $4,500 of income tax; jasmine earned $43,000 and paid $3,000 of income tax. the tax rate structure they are subject to is?

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Yvonne earned $75,000 and paid $4,500 of income tax; jasmine earned $43,000 and paid $3,000 of income tax. the tax rate structure they are subject to is Regressive.

Regressive taxes are those whose average tax burden decreases as income rises. Low-income taxpayers bear a disproportionately big amount of the tax burden, while middle- and high-income taxpayers bear an inequitably small portion.

Knowledge of Regressive Taxes

Because regressive taxes are applied consistently to all circumstances, regardless of the taxpayer, they have a greater negative impact on low-income individuals than they do on high-income individuals. Taxing everyone at the same rate is viewed as unfair in some situations, despite the fact that it may be reasonable in others. While other forms of taxes are applied evenly, most income tax systems use a progressive schedule that taxes high incomes at a greater percentage rate than low ones.

We pay some taxes that are seen as regressive taxes even though the United States has a progressive income taxation system, which means higher income earners pay a higher percentage of taxes each year compared to those with a lower income.

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Small dollar value purchase orders can be efficiently and effectively managed by?

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Small-dollar value purchase orders can be efficiently and effectively managed by implementing an e-procurement application.

A buy entails the purchase of goods or offerings in exchange for a charge of some type. The charge is commonly in coins or credit (to be paid later). A buy may also be part of a barter transaction in which exclusive non-coins belongings are exchanged, or it may be in change for the idea of legal responsibility.

An example of to purchase is to buy meals on the grocery save. To gain at a price, as of struggling or sacrifice. (law) the acquisition of land, buildings, and so forth. by way apart from inheritance or descent.

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In the myers-briggs framework, elena is isfj. what would be the best job fit for her?

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An accountant will be the best job fit for her.

What is the role of an accountant?

Despite the fact that an accountant's day-to-day duties will vary based on their position and employer, some of their most usual jobs and obligations include:

ensuring that all financial records are correct and adhere to all relevant laws and regulations.

important financial reports and maintaining them.

ensuring that taxes are paid correctly and on time, as well as producing tax returns.

To identify best practices, identify issues and develop solutions, and support firms in operating efficiently, financial processes are evaluated.

offering suggestions for optimizing profit, boosting sales, and cutting costs.

making forecasts and risk assessment evaluations.

Law also mandates that accountants conduct themselves honestly and without negligence. Therefore, they are also in charge of ensuring that their customers' Financial documents adhere to all applicable laws and regulations.

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Decreasing temperatures will ________ the frequency of collisions between molecules, thereby ________ the reaction rate.

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Decreasing temperatures will Decrease the frequency of collisions between molecules, thereby decreasing the reaction rate.

What is molecules?

A molecule is an object comprised of two or more atoms that are linked together chemically; the precise number of atomic nuclei that make up a molecule is known. One hydrogen atom gets joined to one chlorine atom to form the molecule HCl(g), for instance.

Therefore,

Decreasing temperatures will Decrease the frequency of collisions between molecules, thereby decreasing the reaction rate.

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When two asset accounts are changed in a transaction, there must be an increase and a decrease. True or false?.

Answers

The above statement with regard to the assets is true.

What is assets?

An asset is any resource that a person or institution holds that have monetary worth. It is owned by the corporation with a view to the future. It can be any type of property, including money, land, and currency.

An asset comprises items such as stock, also known as inventory, which aids in the generating of income. Expense is the company's responsibility, and it must be paid off in order for the firm to continue smoothly.

When two asset categories are modified in a transaction, an increase and a drop must occur. Therefore, it can be concluded that the above statement is true.

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In a ___________ architecture, computers are both client and server, thus sharing the work.

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In a Peer-to-peer architecture, computers are both client and server, thus sharing the work.

What is a Peer to peer Architecture?

Peer-to-peer (P2P) architecture is made up of a decentralized network of peers, which act as both clients and servers.

Peer-to-peer networks share burden among peers, who all contribute and consume network resources without the need for a centralized server.

A P2P network, because of its architecture, can provide various benefits to its users, including:

Simple file sharing: Advanced P2P networks may instantly transfer data across large distances. Files are available at all times. Reduced costs: When establishing a P2P network, there is no need to purchase a separate server computer.

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The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of a economic system.

Answers

It is an indicative of a socialism economic system. Socialism is a left-wing to far-left monetary philosophy and motion encompassing various monetary structures characterised via way of means of the dominance of social possession of the way of manufacturing in place of personal possession

What is communism versus socialism?The fundamental contrast is that under socialism, most property and monetary assets are claimed and constrained by the state (as opposed to individual residents); under communism, all residents share similarly in financial assets as dispensed by an equitably chosen government

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Using segmentation by size, which type of organization would most likely be contacted by email or outbound telemarketing?

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Using segmentation by size, a small size type of society would be most likely to be reached by e-mail or outbound telemarketing.

What is a medium size organization?

According to the Organization for Economic Cooperation and Development, most nations represent a small business as one with 50 or fewer employees, and a mid-size company as one with between 50 and 250 employees.

What is the dissimilarity between SMB and SME?

SMB: Small and Medium-Sized Companies. SMBs are defined as having smaller than 100 employees and between $5-$10 million in annual income. SME: Small and Medium-Sized Enterprises. Also understood as “mid-market”

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according to the international accounting standards board, recognizing income can result from: increasing assets. increasing liabilities. decreasing equity.

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According to the international accounting standards board, recognizing income may end up from increasing assets.

Assets are items of import, like property and equipment, which your company owns or leases so as to control. they'll even be a way of making value in your business - as an example, holding, customer relations and goodwill.

Assets are important as they will facilitate your to:

generate revenueincrease your business' valuehelp the running of your business

You can sell or transfer assets, use them to lower your invoice and increase the efficiency of your business. Understanding the importance of assets can facilitate your achieve potential savings.

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Which folder will automatically upload a file saved in it to your onedrive account?

Answers

Desktop folder will automatically upload a file saved in it to your OneDrive account.

What is a desktop computer?

Anyone with a Microsoft account has access to OneDrive, a web-based storage facility from Microsoft, which offers a sizable amount of space without cost. Consider it a benefit-added sharing cloud-based hard drive. One of the main benefits is that OneDrive occasionally connects with Windows 10.

OneDrive's folder sync happens quite quickly, so what you see in File Explorer is also what is kept in the cloud. Some OneDrive users save every web-based file and folder they have access to on their computers. Some OneDrive users, however, have only downloaded a fraction of their OneDrive folders to their laptops. Only this subset of folders is visible to users in File Explorer, hiding all other cloud-based folders.

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In the late 1920s, you could buy $10,000 worth of stock by putting down as little as:_________

Answers

In the late 1920s, you could buy $10,000 worth of stock by putting down as little as: $1000.

What is meant by a stock in finance?

The term stock can also be referred to as what is called equity. This is the term that is sued to refer to the security that people would have from a particular issuing corporation. The purpose of the stock is to be able to give the owner a proportion of the assets of the particular company.

Hence we can say that In the late 1920s, you could buy $10,000 worth of stock by putting down as little as: $1000.

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The extra cost associated with undertaking some action is its? marginal benefit. marginal cost. net cost. total cost.

Answers

The extra cost associated with undertaking some action is its marginal cost. (second option)

What is marginal cost?

Marginal cost is the additional cost generated when output is increased by one unit. Marginal cost is derived by dividing the change in total cost by the change in total output.

For example, if the total cost of producing 10 units of a good is 100 and the total cost of producing 12 units is 120.

Marginal cost : change in total cost / change in output

Marginal cost : (120 - 100) / (12 - 10) = 10

Marginal cost and marginal benefit are used in managerial economics to analyse the economies of scale to optimize production and overall operations. Marginal benefit is the change in total benefit when output is increased by one unit.

Production is optimised if marginal cost is less or equal to marginal benefit. If this is not the case, production is not efficient and production should be reduced until efficiency is attained.

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Who has the power to prosecute companies that fail to take reasonable precautions to protect private information?

Answers

the power to prosecute companies that fail to take reasonable precautions to protect private information "FTC"

What is Prosecutor?

In jurisdictions with either a civil law inquisitorial system or a common law adversarial system, a prosecutor is a legal representative of the prosecution. In a criminal trial, the prosecution is the party legally tasked with making its case against the defendant who is alleged to have broken the law. The Prosecutor typically defends the state or the federal government in the case brought against the defendant.

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A company had the following assets and liabilities at the beginning and end of this year. Assets Liabilities Beginning of the year $ 144,000 $ 61,733 End of the year 197,500 79,988 Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business, and dividends paid were $15,600 during the year. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock. Dividends paid were $15,600 during the year, and the owner did invest an additional $35,000 cash near year-end in exchange for common stock. Determine net income or net loss for the business during the year for each of the above separate cases:

Answers

Net income(first scenario) is $35,245

Net income(second scenario) is $50,845

Net loss(third scenario) is -$9,755

Net income(fourth scenario) is $15,845

What is accounting equation?

The accounting equation means that the assets of the company are financed by its equity and liabilities, also, the increase in assets are financed by the increase in equity and liabilities, based on that, we can determine the net income or net loss of the company based on the different scenarios:

Scenario 1:

increase in assets=increase in equity+ increase in liabilities

increase in assets=$197,500-$ 144,000=$53,500

increase in liabilities=$79,988-$61,733=$18,255

$53,500=x+$18,255

x=$53,500-$18,255

x=net income=$35,245

Scenario 2:

$53,500=net income-$15,600+$18,255

$53,500=net income+$2,655

net income=$53,500-$2,655

net income=$50,845

Scenario 3:

$53,500=net loss+$45,000+$18,255

$53,500=net loss+$63,255

net loss=$53,500-$63,255

net loss=-$9,755

Scenario 4:

$53,500=net income-$15,600+$35,000+$18,255

$53,500=net income+$37,655

net income=$53,500-$37,655

net income=$15,845

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The difference between the variable costing ending inventory and the absorption costing ending inventory is:_________

Answers

The way fixed production overhead is handled in absorption costing and variable costing is the only distinction.

An overview of absorption costing versus variable costing

Work-in-progress and inventory values for businesses are determined using absorption costing and variable costing techniques. All expenses related to the production of a product are included in absorption costing. The only costs included in variable costing are the ones directly associated with production and none of the fixed costs. The Generally Accepted Accounting Principles (GAAP) of the Financial Accounting Standards Board mandate absorption costing for reporting purposes (GAAP).

Only businesses that spend costs of goods sold (COGS) on their income statement will need to consider absorption vs. variable costing.

Despite the fact that any business can utilize both approaches for various purposes, public businesses are obligated to employ absorption costing due to their GAAP accounting obligations.

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Success at delivering customer value rests on how well a company's entire supply chain performs against competitors' supply chains.
a. true
b. false

Answers

The claim that success at delivering customer value rests on how well a company's entire supply chain performs against supply chains of competitors is correct. Thus, the answer is TRUE.

Be aware that the term "supply chain" describes a path leading from raw materials to components to finished goods that are delivered to customers.

Businesses must truly strive to comprehend their customers or consumers, provide value to them, and establish enduring connections with them since firms actually profit from superior customer value creation.

Customers' value is captured in the form of sales, profits, and long-term customer equity by businesses that create value for consumers. Taking this into account is known as marketing or the process by which businesses produce value for customers and establish trusting bonds with them in order to reap value from them in return.

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Consider the supply curve for basketballs. Other things held constant, if the price of basketballs goes up from $7. 99 to $14. 99, what can we expect from suppliers of basketballs as a result?.

Answers

There will be an increase in quantity supplied through the Law of Supply.

What is law of supply?

A key tenet of economic theory is the rule of supply, which asserts that an increase in price will result in an increase in the quantity supplied, all other things being equal.

According to the law of supply, price and quantity supplied of an item are directly related to one another, all other things being equal.
Therefore,

we expect from suppliers of basketballs as a result there will be an increase in quantity supplied through the Law of Supply.

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A driver works 40 hours a week for the first year on the job. how much does the driver earn for the year?

Answers

A driver will earn Rs 36,800 for a year , if driver works 40 hours a week .

As he works 40 hours/ week and works for a year.

What are the total earnings of a driver in a year ?

1 year = 52 weeks.

First 4 weeks he earns Rs14/ hour

Rest of the year he earns Rs18/ hour

First 4 weeks = 40 hours x Rs 14 x 4 weeks = Rs2240

52weeks - 4weeks = 48 weeks

Rest 40 hours x Rs 18 x 48 weeks = Rs 34560

Total Earnings = Rs 2240 + Rs 34560 = Rs 36,800

The driver earns that total amount in a year.

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One reason why employers might assist hispanics in learning english is that they often have dangerous jobs.
a. true
b. false

Answers

Due to the fact that many Hispanics work hazardous jobs, businesses may offer to help them learn English. This statement is true.

The school experience is one of compounded disadvantage for Hispanics in the United States. Many Hispanic students start formal education without the financial and social support that many other students do, and schools are frequently ill-prepared to make up for these early inequalities. Initial difficulties for Hispanics frequently result from parents' socioeconomic background, immigration status, and ignorance of the American educational system. Hispanic pupils' academic progress is still being hampered as they go through the educational system due to insufficient school resources and poor relationships with their teachers.

Hispanics experience the lowest rates of high school and college degree completion, which reduces their prospects of finding steady employment as a result of earlier disadvantages that keep compounding. It is important for the country to be concerned about the Hispanic educational status.

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When faced with cash flows of equal magnitude occurring at different points in time, we prefer to?

Answers

When faced with cash flows of equal magnitude occurring at different points in time. Then, "receive it sooner than later."

What is cash flow?

The net amount of cash equivalents transferred into and out of a company is referred to as cash flow. Inflows are represented by cash received, while outflows are represented by money spent.

Some key points related to cash flow are-

The ability of a company to start generating positive cash flows or, more particularly, to achieve maximum long-term free cash flow is fundamental to its capacity to create shareholder value (CFC). FCF is a company's cash generated from normal business operations after deducting any money being spent on capital expenditures.Cash flow from operations, investing, & financing are common categories for a company's cash flow.The debt coverage ratio, free money flow, & unlevered cash flow are all methods for analyzing a company's cash flow.

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How will an increase in demand and a simultaneous decrease in supply affect the equilibrium price and quantity of a good in a market?.

Answers

Although the impact on the equilibrium quantity cannot be determined, a rise in demand and a decrease in supply will result in an increase in the equilibrium price.

Consumers now place a higher value on goods in any quantity, and producers must charge a higher price to offer the goods; as a result, prices will rise. An equilibrium price, also known as a market-clearing price, is the consumer cost ascribed to some product or service such that supply and demand are equal, or close to equal. The manufacturer or vendor can sell all the units they want to move and the customer can access all the units they want to buy.

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