A region is in the middle of a very cold and snowy winter. As a result, hot chocolate has become more desirable, and many of the shipping channels for imported goods have closed due to the weather. What will happen to the price and quantity sold of hot chocolate made with imported cocoa?

Answers

Answer 1

Answer:

The price of hot chocolate will increase for sure due to the sudden increase in the quantity demanded and decrease in the supply. The net effects on the actual quantity demanded are not definite, since a small increase in price will probably not affect it that much and more chocolate sill be demanded, but if the prince increase is too high, probably the quantity demanded will fall.  


Related Questions

In January there was a large drop in the number of new houses sold, because interest rates for mortgages were falling and many consumers were waiting to see how low the rates would go. This large sales drop was accompanied by a sharp rise in the average price of new houses sold. Which of the following, if true, best explains the sharp rise in the average price of new houses? (A) Sales of higher-priced houses were unaffected by the sales drop because their purchasers have fewer constraints limiting the total amount they pay. (B) Labor agreements of builders with construction unions are not due to expire until the next January. (C) The prices of new houses have been rising slowly over the past three years because there is an increasing shortage of housing. (D) There was a greater amount of moderate-priced housing available for resale by owners during January than in the preceding three months. (E) Interest rates for home mortgages are expected to rise sharply later in the year if predictions of increased business activity in general prove to be accurate

Answers

Answer:

(A) Sales of higher-priced houses were unaffected by the sales drop because their purchasers have fewer constraints limiting the total amount they pay.

Explanation:

The question asks us to state which statement would explain the sharp rise in the average price of new homes sold, and the only option that does that is option A. The average price of new homes sold includes both cheap, middle class and expensive homes, and assuming that the sale of both cheap and middle class homes decreased, the average price of new homes sold would increase because the weight of expensive homes is larger.

E.g. 100 houses are sold:

40 cost around $150,000

50 cost around $300,000

10 cost around $1,000,000

average price = $310,000

sales of cheap and middle class homes decreased, so only 70 were sold:

25 cost around $150,000

35 cost around $300,000

10 cost around $1,000,000

average price = $346,429 (represents an 11.75% increase)

A. owner made no investments in the business, and no dividends were paid during the year.
b. owner made no investments in the business, but dividends were $1,250 cash per month.
c. no dividends were paid during the year, but the owner did invest an additional $55,000 cash in exchange for common stock.
d. dividends were $1,250 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. determine the net income earned or net loss incurred by the business during the year for each of the above separate cases: (decreases in equity should be indicated with a minus sign.)

Answers

Answer:

the first part of the question is missing:

                                   Assets  Liabilities

Beginning of the year $57,000  $24,436        

End of the year        $115,000  $46,575  

equity = assets - liabilities

beginning = $57,000 - $24,436 = $32,564

ending = $115,000 - $46,575 = $68,425

                                                       a        b        c      d

Beginning of the year equity  $32,564   $32,564   $32,564   $32,564

Owner investments          0            0           $55,000   $35,000

Dividends ($1,250 x 12)                 0   ($15,000)      0      ($15,000)

Net income (loss)                     $35,861    $50,861    ($19,139)   $15,861

End of the year equity             $68,425   $68,425   $68,425   $68,425

net income = end equity + dividends - investments - beginning equity

An activity base ______. is part of the organization where major operations are planned and carried out is sometimes called a cost driver measures whatever causes costs to vary is a measure of whatever causes fixed costs to occur

Answers

Answer:

measures whatever causes costs to vary

is sometimes called a cost driver

Explanation:

Activity base is an action that is measured in activity based costing method. It is used to share overhead cost.

For example if cost of maintenance of machines is to be allocated to produced goods, machine hours is a good basis that is measured to achieve this.

In a more complex scenario several activity bases can be used to allocate cost.

So activity base measures whatever causes cost to vary and is also a cost driver

If there is an excess supply of money:_______

a. individuals sell bonds, causing the interest rate to rise.
b. individuals buy bonds, causing interest rates to rise.
c. individuals buy bonds, causing interest rates to fall.
d. individuals sell bonds, causing the interest rate to fall.

Answers

Answer:

The answer is C

Explanation:

During a period where there is too much of money in circulation, the value of money is worthless, inflation is high.

To reduce the money supply in circulation, the government through its central banks(The Fed in US), sells bonds to investors (which can be commercial banks or corporate individual). The investors buy these bonds and the interest rate falls

This tool employed by central banks in known as contractionary monetary tools.

all of the following are examples of roadblocks except for

Answers

Answer:

what are the options

Explanation:

"An individual's personal characteristics, like good looks or friendly personality, represent one of the dimensions of the status characteristics theory." do you agree or not? And why?

Answers

Answer:

Agreed

Explanation:

This theory asserts specifically that in a team, a single individual's status characteristics like their having good looks or friendly personality would create expectations of them having good job performance. Those in this category would be given important roles.

Mary's a marketing manager for a nationwide restaurant chain. She's considering which channel she should use to advertise her restaurant's new menu upgrades. She decides to use traditional channels. Which traditional channel should May use to reach a broad audience?

Answers

Answer:

Television

Explanation:

By doing the promotion in a television could be beneficial for the company as most of the audience are habitual to see the television and ofcourse many of them could aware of the company product by seeing the attractive schemes that ultimately benefit to the company and the customers

So in order to upgrade the menu, Mary used traditional channels and to reach to a broad audience, the television is one of the most traditional channel used

In order to achieve enormous savings of time and effort, the Gilbreths' goal was to maximize ______ in how individual tasks were being performed across tasks.

Answers

Answer:

efficiency

Explanation:

Lillian Gilbreth along with her husband Frank highlighted the importance of regulations and consistent effort in the workplace. They focused primarily on "efficiency". As the leader of an organization, the primary aim needs to be focused on enhancing and increasing the efficiency of every employee. Increasing efficiency helps in an increase in profit and motivates the employees to do the work.

3. Not all the busines contracts
are legal. Justify.​

Answers

Answer:

They could be scams wanting money out of you. It is simple as that they can act as a business but they aren't. To be honest with you you are your own business because whatever you do is good or well so you don't need approval on others so my answer is scammers cause other businesses are working hard to make money and respect their customers!

a business intially sells their product to customers for $50. They find that many people are buying their product so they raise the price to $100. which of the following is a likely response that they will recieve from customers

Answers

Answer:

A) Customers might begin to distrust the company

B)Customers will start to complain about the placement of the products

C) Customers will likely buy more of their product

D)Customers will start to complain about promotion

Explanation:

The answer would be A)

A five-year security was purchased two years ago by an investor who plans to resell it. The security will be sold by the investor in the so-called Group of answer choices surplus market. secondary market. primary market. deficit market.

Answers

Answer:

Secondary market.

Explanation:

In this scenario, a five-year security was purchased two years ago by an investor who plans to resell it.

Hence, the security will be sold by the investor in the so-called secondary market.

When one investor sells his or her stock directly to another, the transaction is said to occur in the secondary market.

Secondary market can be defined as a market where various investors sell and buy securities from other investors.

Some examples of secondary market around the world are New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE) and National Stock Exchange (NSE).

On the other hand, the primary market refers to the market where these securities that are being sold are issued or created.

Micro Brewery borrows $300,000 to be repaid in equal installments over a period of three years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%. What is the amount of each payment

Answers

Answer:

$55,379.27

Explanation:

Amount of each payment = Principal / PVIFA

Principal = $300,000

PVIFA (r=6%/2=3%, n=3yrs*2= 6) = 5.41719

Amount of each payment = $300,000 / 5.41719

Amount of each payment = $55379.2649

Amount of each payment = $55,379.27

What is wrong with the following specific purpose: "To inform incoming students about the scholarship opportunities at the college and the financial-aid process"

Answers

Answer:

there is more than one key idea

Explanation:

The main error with this is that there is more than one key idea. When dealing with a specific purpose, it must be just that "specific". In other words, the message must focus completely on a single key aspect that it is trying to convey. Adding more than one key idea divides the message and the reader's attention which ultimately fails the main purpose of the message.

Evelyn has three children and is a stay-at-home mom. she is majoring in early childhood education at ashford. once my family and i were hosting an impromptu dinner to celebrate my sister's promotion at work. i enjoy cooking so i was more than willing to prepare dinner for my family and hers, a total of ten people. because i enjoy cooking, my kitchen is usually well-stocked. before preparing one of the dishes, i realized that i was missing a couple of the key ingredients. i wasn't sure what to do and decided to do some research for inspiration. i began carefully looking through other recipes on a couple of cooking websites that i use. i realized that i could make a couple of changes and adjustments to those recipes using what i had and prepare those. now, i feel as though i have invented new recipes! which learning patterns was evelyn using in field-fitting her plans?

Answers

Answer:

Everlyn is using Precision and Confluence learning pattern

Explanation:

Based on the information given about Evenly we can vividly say that she is using PRECISON and CONFLUENCE learning pattern.

PRECISION learning pattern can be defined as the type of learning pattern in which a person or an individual with precison personality wish or desire to have better explanation of a thing by gathering alot of information and they tend to as well ask alot of question which is why this type of people tend to feel great when the outcome of their finding is positive while CONFLUENCE learning pattern on the second hand can be defined as the way or process which help to describe the way in which a person or an individual which such personality make use of their imagination by trying to look at a things in a more unique way which in turn enable them to have a big picture of it such as in the case of Everly.

Therefore Everly was using PRECISION and CONFLUENCE learning pattern in field-fitting her plans.

In the market for wireless earbuds​ (a normal​ good), indicate whether the following events would cause an​ "increase or a decrease in demand​" or an​ "increase or a decrease in the quantity demanded.​" a. There is an increase in the price of carry cases for wireless earbuds. A. increase in demand. B. decrease in demand. C. increase in quantity demanded. D. decrease in quantity demanded.

Answers

Answer:

The correct option is;

D. Decrease in the quantity demanded

b.)

Explanation:

a. There is an increase in the price of carry on cases for wireless earbuds;

Where the increase  in the price of carry on cases for wireless earbuds results in an increase in price, there will be a decrease in the quantity demanded

A decrease in the quantity demanded is when there is negative movement along the demand curve due to an increase in price only and the quantity demanded also increases when there is a decrease in price. Which shows that the item is still in demand and the demand can be controlled by the pricing.

When implementing change in an organization, there are always culture issues that are faced, such as not accepting change, determine how differently this would be handled thinking about the management versus leadership constructs? When dealing with performing work, how is this implemented differently within the management versus leadership constructs?

Answers

Answer with Explanation:

Requirement 1:

Implementation of changes takes a lot of time in resolving issues that we know will emerge and the issues that we don't even considered. Sometimes the situation gets so much worse that the planned solution puts no value in the implementation of the change. This cause severe damages to the company reputation and also has financial implications. The management must ensure that the planning must be free from mistakes. The cost, quality and time are the three main constraint that the management have to consider in resolving the problems so that the project cost doesn't outnumber the expected benefits.

On the other hand, the project manager have to design the processes that are free from defects and are effective as well. The execution of change implementation must bring the planned benefits for which the change is been implemented. The leadership style must be well enough that doesn't increases the problems. Furthermore the leader must be delegating tasks to every team members with allocation of resources as well. The importance of change must be communicated to each of the employees who will get affected and why it the only choice for us. This attitude will help in execution of the change implementation plan which means that the maximum benefits can be pulled off.

Requirement 2:

The management of the company must have to work hard enough so that the employee doesn't get demotivated due to different factors that have significant impact on its performance of duties. The employees must be well guided about the processes and must be continuously monitored. The management also design reward system that would uplift employee motivation and performance.

The leader has to monitor tasks assigned to employees so that the employee is timely guided and the flow of work remains consistent with the progress of other employees. Furthermore, the performance of the employee is tried to improved by proper training programs, continuous appraisal and appraising better performances.

The stocks in Wayne’s investment portfolio lost value in the recession, but he also had CDs and a savings account. The effect of his investment diversification on his finances was to

Answers

Answer:

reduce risk

Explanation:

Since in the question it is mentioned that if the stock is made in Wayne’s investment portfolio that lost the value in the recession period but at the same time he has the CD and the saving account

So this diversification of investment effect is to decreased or reduced the risk. also, the diversification of investment made in different investment schemes is known as the portfolio and the same is to be done by him

Therefore it is a reduce in risk technique

How do you account for the failure to follow up de soto, coronado, and cabrillo expeditions?

Answers

Answer:

Please find the answer in the explanation below.

Explanation:

Coronado led an expedition along the Mexican border into Arizona. On getting there, Zuni pueblos did not want to be controlled by anyone ans that led Coronado's men to raid the village for food. Pueblos don't fight or tell Spanish that the wealth is farther along the way.

De Soto on the other hand tried to settle in Florida and the surrounding areas but the expedition progresses to Carolinas and Georgia where a creek Indian village sends a woman to give De Soto clothes, pearls and love. The woman later escapes from De Soto.

Also, Cabrillo goes on to investigates Pacific Coast and eventually reaches San Diego Bay. They originally wanted to find Gold and China (They found neither)--Faith in lands beyond Mexico is gone

Cheers

Subsidized and Unsubsidized loans begin to accrue interest as soon as they are disbursed. The interest that accrues on ____ loans while the borrower is enrolled at least half time is paid by the U.S. Department of Education. The borrower is solely responsible for paying ALL of the interest that accrues on ___ loans.

Answers

Answer:

subsidized, unsubsidized

Explanation:

A subsidized loan is a loan that is given to undergraduates student that need financial help. It is determined by the cost of attendance minus family contribution. It usually does not accrue any interests at half time or when studies are deferred. Most times part of the interest that accrues from the loan is paid by the Ministry of Education.

An unsubsidized loan on the other hand is one that is given out at undergraduates without resources. This type of loan accrues interests immediately and is to be paid by the students.

Cheers

A project has an initial cost of $80,000 and a 3-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,200, $2,300, and $2,800 a year for the next 3 years, respectively. What is the average accounting return? 5.25 percent 5.35 percent 5.45 percent 5.56 percent

Answers

Answer:

5.25%

Explanation:

The computation of the average accounting return is shown below:

Average accounting return is

= Average net income ÷ average initial cost

where,

Average net income is

= ($1,200 + $2,300 + $2,800) ÷ 3 years

= $2,100

And, the average initial cost is

= $80,000 ÷ 2

= $40,000

So , the average accounting return is

= $2,100 ÷ $40,000

= 5.25%

Hence, the average accounting return is 5.25%

Information systems help employees within the organization. Certain workers help certain managers and different systems help these managers make their specific decisions. Which system supports complex, non-routine decisions that typically middle managers and knowledge workers make

Answers

Answer:

The correct answer is: Business Intelligence System.

Explanation:

To begin with, the name of "Business Intelligence" refers to the system that provides a series of processes regarding architectures and technologies that will help the managers of an organization by converting raw data into information that will make the decision making process more easy to do in order to have more profitable actions taken by the ones that make the decisions. So therefore that this type of software supports non-routine decisions that are complex inside the company.

The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the __________ rate.

Answers

Answer:

Utilization.

Explanation:

The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the utilization rate.

This ultimately implies that, a utilization rate measures or estimates the level of output a fixed asset produces relative or in comparison with it's capacity.

Generally, the utilization rate is usually measured in proportions and displayed in percentages so as to gather information about organizational cost structure and operational efficiency.

Dr. Duran was asked by company X to develop a selection system for hiring new employees and to revise the existing performance appraisal system. Dr. Duran was most likely asked to do this because of her experience in

Answers

Answer:

personnel psychology

Explanation:

Personal psychology is the area of the psychology of an organization that involves various things like recruitment, selection, and other job things like morale, job satisfaction, type of relationship, trust, confidence level, etc

In the given case since it is mentioned that the company wants to revise the pre-existing performance appraisal system so Dr Duran has experience in personal psychology

For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model.

1. There are hundreds of colleges and universities that serve millions of college students each year. The colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs.

Number of firms:
a. One
b. Few
c. Many

Type of product:
a. Unique
b. Anything
c. Identical
d. Differential

Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly

2. In a large city, two taxi companies own all the licenses that the city will grant to operate taxis. Consumers don't care which cab company they take- if they decide it's worth taking a cab, they flag down the nearest one.

Number of firms:

a. One
b. Few
c. Many

Type of product:
a. Unique
b. Anything
c. Identical
d. Differential

Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly


3. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug.

Number of firms:
a. One
b. Few
c. Many

Type of product:
a. Unique
b. Anything
c. Identical
d. Differential

Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly

Answers

Answer:

1.

c. Many

d. Differential

c. Monopolistic Competition

2

b. Few

c. Identical

a. Oligopoly

3

a. One

a. Unique

d. Monopoly

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms.

An example of a monopoly is a utility company

It is only the drug company that is permitted to sell the drug. So, it is the only firm in the industry. Also, it is the only firm that offers experimental AIDS drug, so its product is unique.

An Oligopoly is when there are few large firms operating in an industry. In the cab industry, it is a duopoly that exists. This is a type of oligopoly where there are only two firms in the industry. Consumers do not care about the cabs they enter or the different services offered by the companies, so, the product is identical

1. Number of firms: Option c. Many

Type of product: Option d. Differential

Market Model: Option c. Monopolistic Competition.

In this type of opposition, there are many firms selling the commodities. The demand trajectory for this will be downwards.

Examples are utility, grocery store, restaurants etc.

2. Number of firms: Option b. Few

Type of product: Option c. Identical

Market Model: Option a. Oligopoly

When several huge organisations operate in an area then it is called oligopoly.

For example taxi industry, the customer does not mind about alike products but rather about their services.

3. Number of firms: Option a. One

Type of product: Option a. Unique

Market Model: Option d. Monopoly

When the business is ruled and administered by a single organisation is called a monopoly.

The outputs can be unique in the case when it is the only firm in the domain like drug manufacturing companies for AIDS.

To learn more about the market model and types follow the link:

https://brainly.com/question/22264445

2 industry leaders are... (please answer, many points and will reward brainliest!)

Answers

Answer:

Explanation:

a company that is considered the most effective in its industry, for example, because it sells more products, makes more profit, or has a better known brand than its competitors: The industry leader with a 30% market share, it is expected to grow 35% a year.

Answer:

Mohandas Karamchand Gandhi. ...

Nelson Mandela. ...

Martin Luther King Jr. ...

Abraham Lincoln. ...

George Washington. ...

Napoleon Bonaparte. ...

Franklin D. ...

Winston Churchill

The price of increases. Which of the following is not part of the likely chain of events that follows from this price​ change? A. Some consumers of reduce their consumption of . B. The demand for increases. C. Producers of increase their production of . D. The manufacturers of lay off some workers.

Answers

Answer:

The manufacturers lay off some workers

Explanation:

Some of the factors that are likely to trigger a price increase are reduction in consumption, increase in demand , increase in production by the producers.

However , it is not likely that the lay off of some workers by the manufacturers causes price increase as lay of workers is a cost management move where workers that are less relevant to  operation are relieved of their duties so that cost can be adjusted to accommodate a price reduction.

Therefore , workers lay off is more likely to bring a price reduction rather than price increment.

Given the list of accounts below identify which of them would appear on a balance sheet

Answers

Accounts:

Utilities Expense, Rent Expense, Equipment, Cash, Rental Revenue, Accounts Payable, Retained Earnings, Supplies

Answer:

Equipment, Cash, Accounts Payable, Retained Earnings, Supplies

Explanation:

Only the balance sheet items would be reported on the balance sheet and this includes all the assets, liabilities and equity items. This means income and expenses must not be reported in the balance sheet. Thus excluding expense and income accounts we have Equipment, Cash, Accounts Payable, Retained Earnings and Supplies.

Equipment is a fixed asset, Cash is a current asset item, accounts payable is a current liability, retained earnings is an equity item and Supplies are inventory purchases which means it is current asset.

The Wall Street Journal magazine offers a significant discount to students who purchase a one-year subscription. If the reason for the discount is price discrimination, we can conclude that:

Answers

The Wall Street Journal magazine offers a significant discount to students who purchase a one-year subscription. If the reason for the discount is price discrimination, we can conclude that:

Options:

a. students have a more elastic demand for newspapers than does the general public.

b. students have a less elastic demand for newspapers than does the general public.

c. there is no difference between a student's elasticity of demand for newspapers and any other person's elasticity of demand.

d. students have a perfectly inelastic demand for newspapers.

Answer:

a. students have a more elastic demand for newspapers than does the general public.

Explanation:

We can make this conclusion ased on the information we have about elastic demand.

A more elastic demand means that a consumer (in this case the students), are more sensitive to price and so desire things (the magazine) more as they become less expensive. In other words, their demand can quickly change negatively if there's a degree change in price.

You receive a questionnaire regarding a sales misrepresentation inquiry. The questionnaire regarding the complaint must be completed and returned promptly. When must you return your response?

Answers

Answer:

A response must be sent within 5 business days

Explanation:

When a customer complaint is made it is required that the agent must send a response within 5 business days.

In the event that a response is not sent within the 5 days, a non response letter is sent to the agent that requires him to respond within 2 days.

Termination of the agent is initiated when the agent again fails to respond within the extra 2 days.

Complaints are made against agents and the questionnaire is sent to the agents to gain their own view of what occurred.

A $100,000 loan at 6% could be amortized with monthly payments of $843.86 on a 15-year basis or payments of $599.55 on a 30-year basis. The 30-year loan results in total payments of what percentage of the 15-year total payments

Answers

Answer:

142.1%

Explanation:

the total payments needed to pay off the 30 year loan = 30 years x 12 months x $599.55 = $215,838

the total payments needed to pay off the 15 year loan = 15 years x 12 months x $843.86 = $151,894.80

the relationship between total payments = $215,838 / $151,894.80 = 1.421 = 142.1%

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