BUSINESS HIGH SCHOOL

Crops raised primarily for income

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Answer 1
Answer: Cash crops is the answer.

Related Questions

Timothy Carter went out to eat with his girlfriend at a fancy restaurant. When he tried to pay the bill with his MasterCard credit card, he was told that the restaurant accepted only cash or American Express. His waiter suggested that he use the ATM across the street to withdraw cash using his credit card. Tim did as suggested and didn't pay attention to any fees until he received his credit card statement one month later. He was shocked to see the total fees (3% cash advance), and his APR was increased to 21%. Given the cost of the meal ($125) plus the associated fees, how much did his meal cost him?a. $3.75b.$125 c. $130.94d. $2.19e. $151.25
On November 1, Year 2, Smith Co. contracted to dispose of an industry segment on February 28, Year 3. Throughout Year 2, the segment had operating losses. These losses were expected to continue until the segment's disposition. Which of the following losses should be included in discontinued operations reported in Smith's Year 2 income statement?I. Operating losses for the period January 1 to October 31, Year 1.II. Operating losses for the period November 1 to December 31, Year 1.III. Estimated operating losses for the period January 1 to February 28, Year 2.a. II and III only.b. I and II only.c. II only.d. I and III only.
A factory currently manufactures and sells 800 boats per year. Each boat costs $5,000 to produce. $4,000 of the per-boat costs are for materials and other variable costs, while the per-boat fixed costs (incurred on yearly rent, administrative, and other fixed costs) are $1,000. If boat orders increase to 1000 boats per year, how do per-unit costs change?(A) Variable costs fall to $3,200 per boat and fixed costs fall to $800 per boat(B) Variable costs are unchanged at $4,000 per boat and fixed costs fall to $800 per boat(C) Variable costs are unchanged at $4,000 per boat and fixed costs are unchanged at $1,000 per boat(D) Variable costs rise to $5,000 per boat and fixed costs are unchanged at $1,000 per boat
What is money or wealth used to invest in a business or enterprise?
Nikki loves order and efficiency. She works to make sure that the supply chain is running properly and loves toorganize and track her company's products.Which career path is Nikki most likely in?O Buying and MerchandisingO Distribution and LogisticsO E-MarketingO Management

In the case, Sunshine markets Adventure Cruises as a way to see multiple islands from the comfort of a single ship, alleviating the hassle of flying between islands and staying in a different hotel every two nights. Targeting consumers who view this convenience as appealing is an example of ......

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Answer: Benefit segmentation

Explanation: Benefit segmentation regers to a business approach or principle which involves the separation of one's business clients, consumers or target market based on the satisfaction, benefit or level of

quality service being offered. The process involves making a distinction between different customer types or category based on the needs, motive and the sought benefits required by consumers.

identify three challenges BRICKS CONSTRUCTION may encounter when trying to implement their corporate social investment plan in the local community

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The correct answer for the question that is being presented above is this one: "Bricks Construction might not have enough funds to implement a project int he community, the employees also have difficulty in managing the program, then it will be a difficult to sustain most especially economic's downside."

Flextime is a system that allows employees some freedom to choose which hours to work as long as they:

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as long as they work the required number of hours.

a common rule is that housing expenses plus other debt payments should not be more than 36% of your monthly income. Your monthly income is $4,300

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36% of monthly income is $1548. (0.36*1548)
So the "housing expenses plus other debt payments" should not be more than $1548.

Why do price discrimination and the existence of slightly different variants of the same product tend to go hand in hand? By introducing slightly different variants of the product, firms that price discriminate are able to

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Options:

Separate buyers based on their income.

Separate buyers based on their willingness to pay.

Lower their profit.

Lower the marginal cost of producing an additional unit of output.

Answer:Lower the marginal cost of producing an additional unit of output.

Explanation:Price discrimination is a pricing strategy that gives different prices for the same kind of product. Price discrimination can be classified as first degree(charging of a different price for every unit consumed),second degree(involves charging different prices for different Quantity purchased) and third degree(charging of a different price to different consumer groups).

Through price discrimination, firms are able to make additional variants of the same product in order to Lower the marginal cost of producing an additional unit of output.

Final answer:

Price discrimination and the existence of slightly different variants of the same product go hand in hand because offering product variants allows firms to differentiate their offerings and justify varying prices based on consumer preferences and willingness to pay.

Explanation:

In economics, price discrimination refers to the practice of charging different prices for the same product or service to different groups of consumers. When firms engage in price discrimination, they often introduce slightly different variants or versions of the product in order to justify the price differences. This is because offering different variants allows firms to differentiate the products and create the perception of added value, which justifies the varying prices.

For example, a company may offer a basic version of a product at a lower price point, and a premium version with additional features at a higher price. By doing so, the company can target different segments of consumers based on their willingness to pay, maximizing their profits through price discrimination.

Overall, the existence of slightly different variants of the same product and price discrimination tend to go hand in hand because offering product variants is a strategy that enables firms to differentiate their offerings and capture different segments of the market at different price points.

Learn more about Price discrimination and product variants here:

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If the payment is not made on the credit card by the end of the billing cycle, which of the following will occur? A.A penalty APR will be assessed B.A minimum monthly charge will occur C.Interest will be charged D.A late fee will be charged.

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A late fee will be charged

Answer:

D IS CORRECT ONG

Explanation:
Other Questions
You receive an invoice for $565.00 with terms 3/10, net 30. If you pay it immediately, how much will you pay
Cullumber Company’s 12/31/21 balance sheet reports assets of $11450000 and liabilities of $4890000. All of Cullumber’s assets’ book values approximate their fair value, except for land, which has a fair value that is $690000 greater than its book value. On 12/31/21, Egbert Corporation paid $11642000 to acquire Cullumber. What amount of goodwill should Egbert record as a result of this purchase?
Explain why the scenario below does or does not meet the definition of successful leadership. Situation: Barbara is the owner of a coffee shop. Two of her employees disagree on the best way to order the right amount of coffee. Barbara: "I've developed ordering software that uses our sales history to establish an average amount of coffee that we will order each week. This way we won't order too little and run out or order too much and have waste." Employee #1: "That makes sense." Employee #2: "I think that's a good idea."
How does the chain of command facilitate the operations of a large structured organization?