Identify each of the following as (1) a change in demand or (2) a change in the
Question:
a. Grape consumption falls because of a consumer boycott.
b. Grape consumption falls because of a tax on grape producers.
c. Grape consumption rises because of a good harvest.
d. Grape consumption rises because of a change in tastes.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (21 reviews)
a Grape consumption falls because of a consumer boycott Change in deman...View the full answer
Answered By
Ankit Mahajan
I am an electrical engineering graduate from Thapar institute of engineering and technology.
Qualified exams - GATE 2019,2020.
CAT EXAM 2021- 91.4 percentile
SSC EXAMS- 2019,2020,2021
AFCAT EXAM- 2019,2020,2021
I want to share my knowledge with other people so that they can achieve the same.
I have strong hold Mathematics, Electrical engineering and all the subjects related.
Just give me a problem and I will give you the solution of it.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Identify each of the following as being consistent with risk-averse, risk-neutral, or risk-seeking behavior in investment project selection. Explain your answers. A. Larger risk premiums for riskier...
-
Identify each of the following as relating to (a) The control environment, (b) Control procedures, or (c) Information and Communication. 1. Separating related operations 2. Report of internal...
-
Identify each of the following as describing corporations, proprietorships, and/or partnerships. Some items have more than one answer. a. Distinct legal entity separate from its owners. b. More than...
-
The stress field (15.1.7) for the screw dislocation produces no tangential or normal forces on a cylinder of finite radius with axis along the dislocation line (z-axis). However, show that if the...
-
Oakdalc Orchards has produced the following earnings during the past nine quarters: Quarter Earnings per Share 1...................................$2.00 2...................................1.95...
-
Producers may __________________ plants by taking________________ taken from _________________ plants with __________________ traits.
-
To understand the different measures that have been introduced to manage e-commerce in a commercial framework. LO.1
-
Exodus Limousine Company has $1,000 par value bonds outstanding at 10 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the percent yield to maturity is:...
-
Question 24 1 pts a On January 1, Year 1, Friedman Company purchased a truck that cost $49,000. The truck had an expected useful life of 8 years and a $9,000 salvage value. The company uses the...
-
BIO Company is a private company. It employs 30 engineers and scientists who are involved with research and development of various biomedical devices. All of the engineers and scientists are highly...
-
Which would a rational poor person be more likely to accept and why? a. A $50,000 Mercedes (immediate resale value = $30,000) b. $35,000 cash
-
Assume that tea and lemons are complements and that coffee and tea are substitutes. a. How, if at all, will the imposition of an effective ceiling price on tea affect the price of lemons? Explain. b....
-
The percentage of people exposed to a bacteria who become ill is 20%. Assume that people are independent. Assume that 1000 people are exposed to the bacteria. Approximate each of the following: (a)...
-
The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.: Salaries: Sales salaries Deductions: $180,000 Income tax withheld $65,296...
-
You have just been hired as the chief executive officer (CEO) in a medium-sized organization. The organization is not suffering financially, but neither is it doing as well as it could do. This is...
-
The following is the selling price and cost information about three joint products: X Y Z Anticipated production 1 2 , 0 0 0 lbs . 8 , 0 0 0 lbs . 7 , 0 0 0 lbs . Selling price / lb . at split - off...
-
calculate the maximum bending compressive stress of the following section under NEGATIVE bending moment of 216KN.m. 216mm 416mm 316mm 115mm
-
Need assistance with the following forms: 1040 Schedule 1 Schedule 2 Schedule C Schedule SE Form 4562 Form 8995 Appendix B, CP B-3 Christian Everland (SS number 412-34-5670) is single and resides at...
-
Sam Henwood Ltd is trying to decide which project should be taken up, out of three possible investments. The initial investment would amount to 40,000. Scrap value at the end of use would be nil. The...
-
Which of the following gives the range of y = 4 - 2 -x ? (A) (- , ) (B) (- , 4) (C) [- 4, ) (D) (- , 4] (E) All reals
-
A sample of 100 IQ scores produced the following statistics: Which statement(s) is (are) correct? (1) Half of the scores are less than 95. (2) The middle 50% of scores are between 100 and 120. (3)...
-
Indicate how you think each of the following would shift demand in the indicated market: a. The incomes of buyers in the market for Adirondack vacations increases. b. Buyers in the market for pizza...
-
An Arizona student claims to have spotted a UFO over the desert outside of Tucson. How will his claim affect the supply (not the quantity supplied) of binoculars in Tucson stores?
-
State whether the following pairs of goods are complements, or substitutes, or both. (L03) a. Washing machines and dryers. b. Tennis rackets and tennis balls. c. Ice cream and chocolate. d. Cloth...
-
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
-
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
-
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Study smarter with the SolutionInn App