The price of turkey meat decreases. What will happen to the equilibrium price (P*) and equilibrium quantity (Q*) of turkey sandwiches? Group of answer choices P* will increase and Q* will decrease. P* will increase and Q* will increase. P* will decrease and Q* will decrease. P* will decrease and Q* will increase.

Answers

Answer 1

When the price of turkey meat decreases, the equilibrium price (P*) of turkey sandwiches will decrease, and the equilibrium quantity (Q*) of turkey sandwiches will increase, option d.

Assuming that turkey meat is a key input in the production of turkey sandwiches, a decrease in the price of turkey meat will lower the cost of producing turkey sandwiches, leading to an increase in the supply of turkey sandwiches. As a result, the equilibrium price and quantity of turkey sandwiches will change as follows:

The decrease in the cost of production will cause the supply curve of turkey sandwiches to shift to the right.The shift in the supply curve will cause the equilibrium price to decrease.The increase in supply will cause the equilibrium quantity to increase.

Therefore, the correct answer is: d. P* will decrease and Q* will increase.

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Related Questions

Apple Computer maintains company headquarters in _____.

Answers

Answer:  Cupertino

Explanation: Apple Park is located 1.2 miles east of the original Apple Campus. Apple has had a presence in Cupertino since 1977, which is why the company decided to build in the area rather than move to a cheaper, distant location. The campus is also next to a contaminated site under Superfund legislation with a groundwater plume.

I
In which book of original entry would you enter the following?
(a) Sales invoice

(b) Debit note-

(c) Cash sale-

(d) Purchase invoice-

(e) Credit note-​

Answers

Try e I THINK ITS E :D

Select the best answer for the question
9. You start a new business selling a product that's the best of its kind on the market. In addition to
A. Good marketing
B. A large staff
C. A franchise license
D. Sales experience

Answers

Answer:

the answer is A

Explanation:

if you can't market it good then it will fail

3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY

Answers

Answer:

Because they don't keep track on it.

Explanation:

Basically they are just included in it because they don't keep track of it. Hope that helps!

Which research tool is best suited to gathering qualitative market data?

A. Census statistics
B. In-depth interviews
C. Business records
D. Surveys

Answers

In-depth interviews is best suited to gathering qualitative market data.

What is market data?

Every business's success has been largely attributed to its use of market research techniques. Knowing the ins and outs of your target market is more important than ever in a world where competition seems to be endless.

Companies that benchmark can see 69% quicker growth and 45% higher productivity than those that don't, according to a PwC study.

Organizations have been able to learn not only some of the largest industry revelations, but also the smallest facts that most people miss, thanks to market research. Market research is crucial because it enables businesses to interpret information and make defensible judgments.

Therefore,  In-depth interviews is best suited to gathering qualitative market data.

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Answer:in-depth interviews

Explanation:

I just Took the quiz.

You are seriously injured in an accident caused by another driver. She has $25,000 bodily-injury liability insurance, and your insurance company has found that she cannot afford to give you any more than this $25,000. You have $25,000 unin sured/underinsured motorist coverage. Your costs from the accident total $55,000. How much out-of-pocket cost will you have for this accident?

Answers

Answer:

50000

Explanation:

Question 10 of 10 Which of the following best describes what a manager does? A. Influences others to purchase certain goods from certain stores B. Works for a company and produces resources to make a product C. Combines an idea, a plan, and various resources to start a new business D. Makes sure that a company is using its resources in a way that helps it meet its goals​

Answers

Answer:

d: makes sure that a company is using its resources in a way that helps it meet its goals.

Explanation:

the manager is the one that has the staff and everyone be apart of thats goals and asks thwm what type of goals they want to achieve to make the company better, but the manager is the one that makes sure they make all there deadlines towards there goals.

A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has number of packages sold on the x-axis and number of salespersons on the y-axis. 9 sold 1 to 2 packages; 7 sold 3 to 4; 4 sold 5 to 6; 3 sold 7 to 8; 2 sold 9 to 10; 1 sold 11 to 12; 2 sold 13 to 14; 3 sold 15 to 16. How many of the new agents sold more than 10 vacation packages?

Answers

Answer:

6 salespersons

Explanation:

A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.

From the histogram:

The number of salespersons who sold 11 - 12 packages = 1

The number of salespersons who sold 13 - 14 packages = 2

The number of salespersons who sold 15 - 16 packages = 3

Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons

Answer:its 6

Explanation:i took the quiz and i know the answer

What is the drawback of carrying more inventory than is needed?
A. Customers can have a difficult time choosing between all the
product options
B. Purchasing large amounts of goods usually results in a lower price
per good.
C. Too many resources can be tied up in the inventory.
D. Suppliers do not like to receive extremely large orders for
inventory

Answers

Answer:

C. Too many resources can be tied up in the inventory.

Explanation:

Hope this helps!

Too many resources can be tied up in the inventory is the drawback of carrying more inventory than is needed. The correct option is C.

What are the uses of inventory?

The state of the goods is also examined during an inventory count. Inventory counts are useful for determining assets and liabilities in accounting. Inventory managers frequently utilize this data to estimate future stock requirements and oversee budgets. Inventory counts let you identify which stocks are selling well.

Poor quality products and degradation may result from an excess of inventory. It's likely that you have low inventory turnover, which implies you're not regularly turning all of your products if you have high volumes of excess stock. Unfortunately, unsold inventory that is stored in warehouses may start to deteriorate and expire.

Thus, the correct option is C.

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Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Property, plant, and equipment $ 563,000 $ 294,000 Accumulated depreciation 286,000 237,000 Income Statement: 2018 Depreciation expense $ 105,000 Gain on sale of property, plant, and equipment 26,000 During the year, PPE with a book value of $23,000 were sold. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of property, plant, and equipment" for $ _________.

Answers

Answer:

$292,000

Explanation:

price of old equipment sold = $26,000 + $23,000 = $49,000 (cash inflow)

new equipment purchased = $563,000 - $294,000 + $23,000 = $292,000 (cash outflow)

cash flow from investing activities:

cash disbursed for purchasing new equipment = ($292,000)

cash received from sale of old equipment = $49,000

net cash flow from investing activities = ($243,000)

On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.

Answers

Answer: $21177

Explanation:

First and foremost, we should note that since the revenue that Landlord Co. wants to recognize in the year ending 12/31/X1 will be for a period of 10 months that is, from 1st of March to 31st of December.

Therefore, the revenue that Landlord Co. should recognize in the year ending 12/31/X1 will be:

= $36000 × 10/17

= $21176.471

= $21177

"tractor is a modern tool of agriculture".justify this statement with suitable example​

Answers

Answer:

Tractors are the king among different farm equipment. They are the main workhorse of any modern farm. They provide the power and traction necessary to mechanize agricultural tasks. ... There are different types of tractors in the market, varying in size and capacity.

Explanation:

Explain incentives and opportunity cost. Also give an example of both.

PLEASE ANWSER THIS AS A QUESTION YOU HAVE BEEN GIVING SO I CAN COPY AND PASTE PLEASE.

Answers

Answer:

Incentives are the rewards or punishments that shape people's choices. Incentives can be either monetary or non-monetary. When opportunity costs change, incentives change, and people's choices and behavior change. Changes in incentives cause people to change their behavior in predictable ways.

Explanation:

I think that is correct

Which of the following does not fall into the field of marketing?
-restaurant management
-education
-e-commerce
-professional sales

Answers

Answer:

professional sales

Explanation:

sales

most stock exchanges today use electronic trading

Answers

True

(Not sure what was the question about but I’m guessing it’s a true/false?)

hope this helps :)

Critical reading is a
a Theory
b. Process
C. Summarization strategy
d. None of these
Please select the best answer from the choices provided
A
В
C
D

Answers

Answer:C

Explanation:

Answer:

The correct answer for this question is B

Diego is a product assembler for a picture frame manufacturing company. He chooses the sides and glass for each frame, making sure that they fit together properly. What quality might be helpful to Diego in his career?

a.) Diego is friendly and outgoing.

b.) Diego is good at managing other people.

c.) Diego is precise and gives attention to detail.

d.) Diego has excellent math skills.

Answers

Answer: C

“Diego is precise and gives attention to detail.”
This is because Diego’s job is making sure that pieces of glass fit together properly, which requires a person who pays attention to details.

I hope this helped :)

Answer: c

Explanation: I took the test and it was right

ILL GIVE CROWN!!!
what should a loan be taken out to pay for?
A. something essential that you need.
B. something important that you want.
C. something that would make life easier.
D. something that other people would envy.

Answers

Answer:

A.

Explanation:

its the most accurate answer.

essential things like a car or a home etc.

What is the biggest business in the world right now and why.

Answers

Answer:

Apple

Explanation:

It is worth the most money. It is worth 2 trillion dollars.

Answer:

anime

Explanation:

an anime? jus cu.z i luv anime

Which step in the product development process involves announcing a new
product on social media?

A. Post-launch review
B. Idea screening
C. Content development and testing
D. Commercialization and launch

Answers

Answer:

D

Explanation:

announcing the product takes place in the commercialization and launch of the product

In the product development process involves announcing a new product on social media the major step was Commercialization and launch. The correct option is (D).

What do you mean by the product development?

Product development, often known as new product management, is the process of conceptualizing, designing, developing, and selling newly produced or recently relaunched goods and services.

The entire process of creating a product, from conception through market launch, is referred to as product development.

Prior to launching your items on the market, it's critical to guarantee that there is demand, your final products are of the greatest possible quality, and that your potential clients will receive value from them.

The best products also contribute to the advancement of society, whether through the product line itself or through the creation of new jobs and sources of income.

Therefore, in the product development process involves announcing a new product on social media the major step was Commercialization and launch.

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Indicate the point where a monopoly will set its price.

Answers

Answer:

A monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR).

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. Thus, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public power company that serves as the only power utility (electricity) provider to the public.

Generally, a monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR). This is simply because a monopoly would derive the maximum profit at the point where MC = MR.

Answer:

The dot where green and red meet.

Explanation:

Your office is hosting a big meeting with some of its international
clients. During the meeting, one of the clients asks numerous,
very detailed questions. She also wants to see your risk
management plan. Which of these countries is she probably
from?
O Mexico
O United States
O Germany
O Ireland

Answers

Untied states or Mexico

Could you please explain what the benefits for having a checking account are, especially for minors?

Answers

Answer:

establish credit earn interest recieve deposits

Explanation:

What is information that CANNOT be measured and expressed in numbers? Question 1 options: Personal Information Target Market Data Qualitative data Quantitative data

Answers

Answer:

Qualitative data

Explanation:

Qualitative data is one that is used to characterise and categorise attributed of a population, as such it does not involve the use of numbers.

For example sex, state of origin, citizenship, name, and so on.

On the other hand the other options can be expressed as numbers. That is Personal Information, Target Market Data, and Quantitative data.

Basically qualitative data is descriptive rather than quantitative

HELP:(
when people consider purchasing auto insurance, they must realize which of the following is true?
A. it is often too expensive for most people to buy.
B. it is a personal amenity that only a few people have.
C. it is only important for people with outdated cars.
D.it is required by law for all car owners.

Answers

The answer is B Because people will like to steal your car more then others

explain any four consumer rights as stipulated in the CPA​

Answers

It’s a bill that has/says that every person has four basic consumer rights. Which are -“the right to be informed, the right to choose, the right to safety, and the right to be heard. ”

Answer:

The right to be informed, the right to choose, the right to safety, and the right to be heard.

Explanation:

These rights received a lot of attention from the consumer movement, a movement to pass laws protecting consumers from unfair and unsafe business practices.

why would you put money into a saving account

Answers

Answer:

You'd put money into a bank account to save it

Explanation:

you'd want to save it so you don't spend it yet.

Hope this helps! :)

Under which tab can you find the options for reusing slides from other presentations?

Home
File
Insert
Design

Answers

More than likely under the design tab

Answer:

Home

Explanation:

Click this link to view O*NET's Tasks section for Actors.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Actors? Check all that apply.
creating artwork for use in stage sets
collaborating with other actors
working closely with directors, other actors, and playwrights to find the interpretation suited to the role
studying and rehearsing roles from scripts
learning about characters in scripts and their relationships to each other
teaching college classes and training other people how to become actors

Answers

Answer: B C D E

Explanation:

Did the assignment

To find the interpretation suited to the role, studying and rehearsing roles from scripts, learning about characters in scripts and their relationships to each other and teaching college classes and training other people how to become actors are common tasks performed by Actors. Hence, options B, C, D and E are correct.

Who is a director of a movie?

The directors are the movie's creative leaders. They uphold the artistic vision throughout pre-production and final editing. They are employed by the executive producer or producer, who is ultimately in control of a production.

A film director's responsibilities include reading and editing scripts, overseeing the cast and crew, and putting the final product together. The actors and other crew members will work with you to ensure that the movie ultimately reflects the aesthetic vision for the finished result.

Thus, options B, C, D and E are correct.

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Burning of candle is which change?(chemical change or physical change)​

Answers

Burning a candle is a physical change
Hope that helped

Answer:

physical as it is getting smaller, but I would also say chemical as it's changing into melted wax? more of a physical change for me. hope this gelps

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noam chomsky hypothesized that humans learn language through (ap) a spacecraft passes you traveling forward at 0.234 the speed of light. by what factor would its relativistic momentum increase if its speed doubled? where 2 is known and n = 50. from your data, you calculate your test statistic value as 2.01. one occasion in which managers should work to stimulate conflict is when Suggest how similar electron arrangements result in similarchemical properties. Refer to elements in the noble gasfamily in your explanation chhegg if you understand key differences between meiosis and mitosis, you should be able to explain why mitosis in a triploid (3n) cell can occur easily but meiosis is difficult A sample of n = 22 is taken and the sample mean is =35 and a sample standard deviation of s= 9.38. Construct a 95% confidence interval for the true mean, .(33, 37)(31.56, 38.44)(30.84, 39.16)(25.62, 44.38) 4 2.5 If the Fed buys securities worth $20 million from a commercial bank, the Fed's balance sheet will show a.a decrease in securities held of $20 million and a decrease in bank reserves of $20 million b.an increase in securities held of $20 million and an increase in bank reserves of $20 million. c.an increase in securities held of $20 million and a decrease in bank reserves of $20 million d.a decrease in securities held of $20 million and an increase in bank reserves of $20 million 5 2.5 The value of the discount rate at any given point in time reflects the prevailing balance between the demand for and supply of discount loans. As such, the discount rate is a market determined rate. O-True O-False A doubly-linked lists each element contains its value and two pointers-to the previous and to the next element. True O False which of the following roots refers to the main branch from the trachea into each lung? What is the period of this function? E9-7 (Relative Sales Value Method) Phil Collins Realty Corporation purchased a tract of unimproved land for $55,000. This land was improved and subdivided into building lots at an additional cost of$34,460 These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows. GroupNo. of LotsPrice per Lot 19$3,000 215$4,000 317$2,400 Operating expenses for the year allocated to this project total$18,200Lots unsold at the year-end as follows: GroupNo. of Lots 15 27 32 Instructions: At the end of the fiscal year Phil Collins Realty Corporation instructs you to arrive at the net income realized on this operation to date. What is the maximum file size supported by a file system with 16 direct blocks, a single, a double, and a triple indirection blocks? The block size is 8KB. Disk block numbers can be stored in 4 bytes. the process of urbanization can be analyzed by looking at which two dimensions of growth of a city. a. The density and heterogeneity of people. b. The number and homogeneity of people. c. The size and density of people. d. The number and percentage of people. e. The percentage and density of people. Find the present value of the ordinary annuity. Round the answer to the nearest cent. Payments of $74 made quarterly for 10 years at 8% compounded quarterly O A. $2,037.63 B. $1.990.79 O c. $726.54 OD. $2,024.31 an intense comradeship in which the social distinctions among participants in a rite of passage disappear or become irrelevant is called Simmons Investment Group (SIG) used Excel to determine the net present value, the present value index, and the internal rate of return of two investment alternatives. A summary of the results is shown below:Alternative 1Alternative 2Cost of the investment$426,000Cost of the Investment$311,000Net Present Value (NPV)$11,120Net Present Value (NPV)$9,450Present Value Index1.27Present Value Index (NPV)1.32Internal Rate of Return (IRR)10%Internal Rate of Return (IRR)11%SIG has $430,000 to invest. Assuming there are no other investment opportunities available, SIG shoulda. invest in Alternative 1 because it has a higher net present value.b. invest in Alternative 2 because it has a higher internal rate of return.c. invest in Alternative 1 because the cost of the investment is higher.d. invest in Alternative 2 because the cost of the investment is lower. The work shows finding the sum of the algebraic expressions 3a 2b and 5a (7b). 3a 2b 5a (7b) Step 1: 3a 5a 2b (7b) Step 2: (3 5)a [2 (7)]b Step 3: 2a (5b) Which is used in each step to simplify the sum? Step 1: Step 2: Step 3:. the outline below is from the book of choose... . divisionchapter i.history1 ii.messages to judah2-45 iii.prophecies against the nations46-51 iv.conclusion52 the action potential of non-pacemaker cells is due to the ________. group of answer choices inward diffusion of na inward diffusion of ca2 inward diffusion of k outward diffusion of k