Answer:
This is influenced by raw materials and demand
Explanation:
The production of ice-cream is likely to be influenced by two main features:
1. the cost of raw materials or ingredients.
The cost of the ingredients influences the cost of production of the ice cream. If the price of the ingredients increases, the ice cream making company is likely to increase the price of the ice cream to cover the expenses of the increased price of ingredients.
2. demand in the ice cream - this is when the demand exceeds the supply of ice cream. In this way, the company might take advantage of the trend to increase the price and make more profits.
b. In order to construct such a model, an economist would need real life data regarding countries that only produce two goods.
c. This PPF is not an economic model.
d. The fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.
The statement that is true of the model is d. The fact that there are only two goods produced in this theoreticaleconomy is a simplifying assumption that still allows economists to demonstrate key economic concepts.
Economic models are simplified representations of the real world that are used to understand economic behavior. They often make simplifying assumptions in order to make the model more manageable.
In the case of the production possibility frontier (PPF), the assumption that there are only two goods produced is a simplifying assumption that allows economists to demonstrate key economic concepts such as opportunity cost and economic growth.
Option D is correct.
Find out more on economic models at brainly.com/question/30364211
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2. The use of flyer for marketing fruits and seedlings is convenient and cheap.
3. Web marketing involves both advertising and marketing efforts through email to current and prospective customers.
4. Email marketing includes e-commerce, promotional or informative websites, and online advertising on search engines.
5. Online marketing is the process of selling products to the market.
6. Social media marketing involves both advertising and marketing efforts via social networking sites.
7. Fruits are ready for harvest at the right degree of maturity.
8. Calamansi is best to harvest from July to October.
9. Cash record is the value received from cash sales and cash payments in a certain period.
10. August to November is the best time of the year to harvest soursop or guyabano and lanzones.
Answer:
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Answer:
The answer is 750
Explanation:
When government increases its spending, this increase in spending leads to increases in income for households which cumulatively increase the national income, this effect is known as multiplier effect.
Government has increased its spending by 250 while multiplier effect is 3.
Therefore, output will increase by 750(250 x 3)
Answer:
37.02%
Explanation:
we need to calculate r in the following equation: FV = PV (1 + r)ⁿ
$600,000 = $10,000 (1 + r)¹³
$600,000 / $10,000 = (1 + r)¹³
60 = (1 + r)¹³
¹³√60 = 1 + r
1.3702 = 1 + r
r = 1.3702 - 1 = 0.3702 or 37.02%
*to determine ¹³√60 in a non-scientific calculator, find 60∧(1/13). Determine 1/13 first, add to the calculator's memory, then 60∧MR (memory recovery)
The annual compounded interest rate that represents a growth from $10,000 to $600,000 over 13 years is approximately 37.49% when rounded to two decimal places.
To find the annual compounded interest rate, we can use the formula for compound interest, which is A = P(1 + r)n, where A is the amount of money accumulated after n years, including interest, P is the principal amount, r is the annual interest rate (as a decimal), and n is the number of years the money is invested. In this case, the final amount A is $600,000, the principal amount P is $10,000, and the number of years n is 13.
The equation can be rearranged to solve for r:
600,000 = 10,000(1 + r)13
(1 + r)13 = 600,000 / 10,000
(1 + r)13 = 60
Now, we take the 13th root of 60 to find (1 + r), and then subtract 1 to find the rate:
1 + r = 601/13
r = 601/13 - 1
Using a calculator, we find that r ≈ 0.3749 or 37.49% when rounded to two decimal places.
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Answer:
C. 16.1 times
Explanation:
Accounts receivable turnover ratio = Credit sales ÷ average accounts receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($1,198 + $1,272) ÷ 2
= $1,235 million
And, the net credit sale is $ 19,829 million
Now put these values to the above formula
So, the answer would be equal to
= $19,829 million ÷ $1,235 million
= 16.1 times