Most transactions using the m-pesa system are less than $40. how will vodacom be able to grow profits?
Answers
Most transactions using the m-pesa system are less than $40. By making infrastructure investments Vodacom be able to grow profits.
Infrastructure is the set of facilities and structures that serve a country, town, or different vicinity, and encompasses the services and centers vital for its economy, households and companies to function.
What are examples of infrastructure?
Examples encompass roads, highways, and bridges, as well as the belongings required to lead them to operational such as transit buses, vehicles, and oil refineries.
What is the role of infrastructure?
Infrastructure is crucial for social alternate and improvement. From transport systems to energy-era centers and water and sanitation networks, it provides the offerings that allow society to function and economies to thrive.
What are the two sorts of infrastructure?
There are two fundamental sorts of infrastructure investments, these encompass: Social infrastructure, which includes schools, low priced housing and hospitals. Monetary infrastructure, which incorporates roads, communique, sewage, water, airports and energy.
Learn more about Infrastructure here:- https://brainly.com/question/869476
#SPJ4
Related Questions
what is the meaning of the following four-firm concentration ratios? a. a four-firm concentration ratio of 60 percent means the largest four firms in the industry account for percent of sales. multiple choice 1 15 60 6 0.15
Answers
The correct answer is A. The four-firm concentration ratio of 60% means that the largest four firms account for th highest percent sales. These firms have market domination.
Four-firm concentration ratioThe market shares of the biggest companies in the industry are used to determine the four-firm concentration ratio. A four-firm concentration ratio of 60 percent, which means that the four largest firms produce 60% of the industry's output, is a strong marker of oligopoly and that these four companies have significant market domination.
Concentration ratios, particularly the four-firm concentration ratio, are intended to assess the degree of market domination and industry concentration.
One of two almost identical methods can be used to calculate concentration ratios. The first step is to add up the total sales of the top four companies in the sector and then divide by the sum. As an alternative, the market shares of the top four companies might be determined separately and then added.
Learn more about concentration ratio here https://brainly.com/question/15848538
#SPJ1
Which type of promotion would you use to attract customers quickly with the help of coupons, samples, and free gifts?
(blank) is a way of promoting your products and attracting customers quickly with the help of free coupons, vouchers, samples, and gifts.
Answers
Answer:
Sales promotion
Explanation:
Sales promotions refer to the persuasive activities of convincing potential customers to buy a product. The objective of a sales promotion is to boost sales volumes. The tactics used in a sales promotion are designed to have a short term effect. However, a business may acquire long-term customers through sales promotion techniques.
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Answer:
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Explanation:
You are holding a $2 million stock portfolio with a market beta of 1.5. You want to hedge the market risk of the portfolio using stock index futures contact. How many dollars’ worth of the index should you sell in the futures market to minimize the volatility of your position?
Answers
In order to minimize the volatility of the position, the investor can use the Stock index futures contact to hedge the market risk of the portfolio. the investor needs to sell 60 stock index futures contracts worth \($50,000\) each to hedge the market risk of the \($2\) million stock portfolio.
Beta measures the extent to which the price of a given stock moves with the stock market as a whole. A beta of 1.5 indicates that the stock is 50% more volatile than the market. Therefore, if the market moves up or down by 1%, the stock is likely to move up or down by 1.5%.The investor needs to sell a certain amount of the index futures contract to offset the risk in the stock portfolio.
In this case, the investor needs to sell enough futures contracts to offset the risk of the stock portfolio. To calculate the number of futures contracts required, we use the following formula:No. of futures contracts required = (Portfolio value × Beta)/Futures value Assuming the futures contract value is \($50,000\), the number of futures contracts required to hedge the portfolio is calculated as follows:
No. of futures contracts required = (Portfolio value × Beta)/Futures value
= (2,000,000 × 1.5)/50,000
= 60
To know more about stock visit:
https://brainly.com/question/31940696
#SPJ11
How does a speaker choose the tone of a speech?
✅by considering the occasion and what is appropriate
- by considering the issues you want to talk about
- by considering the tone of your favorite speeches
- by considering the tone of your favorite comedians
Answers
Imagine an influential new study shows that eating eggs drastically reduces the risk
of heart attacks. Which of the following is most likely to be the initial effect of the
study on the egg market?
A. The demand for eggs will increase, and the price of eggs will rise.
B. The demand for eggs will decrease, and the price of eggs will fall.
C. The supply of eggs will increase, and the price of eggs will rise.
D.The supply of eggs will decrease, and the price of eggs will fall.
Answers
According to the new study, the most likely to be the initial effect of the study on the egg market is the demand for eggs will increase, and the price of eggs will rise. The correct option is (A).
What is demand?The quantity of a good that consumers are willing and able to buy at different prices during a specific time is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand.
Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences and disposable money.
Therefore, according to the new study shows that eating eggs drastically reduces the risk of heart attacks. The most likely to be the initial effect of the study on the egg market is the demand for eggs will increase, and the price of eggs will rise.
To know more about the demand, visit:
https://brainly.com/question/29703449
#SPJ1
Which of the following statements is true regarding mechanistic organizational structures? Training new employees individually works well in mechanistic structures. Institutionalized role orientations work well in mechanistic structures. Mutual adjustment works well in mechanistic structures. Decentralized decision making works well in mechanistic structures.
Answers
The statement that is true regarding mechanistic organizational structures is: Institutionalized role orientations work well in mechanistic structures.
Mechanistic organizational structures are characterized by hierarchical authority, clear lines of communication, and well-defined roles and responsibilities. In such structures, employees are expected to adhere to established procedures and follow predefined roles. Institutionalized role orientations, which refer to employees conforming to their assigned roles and responsibilities, align well with the standardized and formalized nature of mechanistic structures.
Learn more about Institutionalized here;
https://brainly.com/question/22099464
#SPJ11
What advice would you give a friend who would like to become an editor in the advertising and promotions industry?
Answers
Answer:
The advice I would you give a friend who would like to become an editor in the advertising and promotions industry is to go to school and focus on english.
Explanation:
determining the price of goods should be done after calculating income and expenditure ??
Answers
Answer:
False
Explanation:
There are several methods that businesses use to determine the price of goods and services. The most common one involves first calculating the cost of production or the cost of goods sold. The desired markup is added to the cost. Other methods include the break-even analysis, target prices, and going by the market rate.
In all these methods, the price is determined selling starts. It means the price is set before selling starts. Therefore, income cannot be generated before a price is determined.
Interest earned on a savings account is _____.
Answers
Explanation:
Interest earned on a savings account is everfi
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
Answers
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
Learn more about Need for achievement here:https://brainly.com/question/27283395
#SPJ1
Study the data below and answer the questions that follow. A, B and C represent three countries: Germany, Pakistan and China (although not necessarily in that order). (a) Identify the countries A,B and C. (b) Use the data in the table to justify your answer to part (a).
Answers
Answer:
(a) The countries are
A is China
B is Germany
C is Pakistan
(b) Based on the table's data,
The employment structure for A is 9% Agriculture, 47% Manufacturing, 44% services, where the labor force by sector for Germany is given as 25.1% through agriculture, 27.5% through (manufacturing) industry and 47.4% through services, based on 2019 statistics, which is not in correlation with the given table data with the same metric
However, the GDP by sector for China is given as 7.9% through agriculture, 40.5% through (manufacturing) industry and 51.6% through services, which is in correlation with the given table data although different metrics but in terms of reflective nature of the economic spending and per capita income
The employment structure for B is 1% Agriculture, 28% Manufacturing, 71% services, where the labor force by sector for Germany is given as 1.4% through agriculture, 24.2% through (manufacturing) industry and 74.3% through services, based on 2016 statistics, which is in correlation with the given table data with the same metrics
The employment structure for C is 22% Agriculture, 24% Manufacturing, 54% services, where the labor force by sector for Pakistan is given as 37.4% through agriculture, 24.0% through (manufacturing) industry and 38.6% through services, with an employment rate of of 48.9% based on 2018 statistics, which is in correlation with the given table data with the same metrics
Explanation:
The United States and China are two large open economies.
• If the Americans decided to save more at every real interest rate, what would happen to the national saving, Investment, the current account balance, and the real interest rate in China? Explain by using the graphs to illustrate. (2) If the Chinese decided to save more at every real interest rate, what would happen to the national saving. Investment, the current account balance, and the real interest rate in China? Explain by using the graphs to illustrate. (2) If the American government decided to increase its purchases of goods and services (with no changes in taxes and transfers), what would happen to the national saving, investment, the current account balance, and the real interest rate in China? Explain by using the graphs to illustrate.
Answers
1) If Americans decided to save more at every real interest rate, it would lead to an increase in national saving in the United States. This increase in saving would result in a decrease in domestic consumption and investment. As a result, the current account balance in the United States would improve (i.e., the current account deficit would decrease).
The increased saving in the United States would also lead to a decrease in the world interest rate. In China, the decrease in the world interest rate would result in a decrease in the real interest rate, as shown in the graph. This decrease in the real interest rate in China would stimulate investment and potentially lead to an increase in national saving in China as well.
2) If the Chinese decided to save more at every real interest rate, it would lead to an increase in national saving in China. Similar to the previous scenario, the increased saving would result in a decrease in domestic consumption and investment in China. Consequently, the current account balance in China would improve (i.e., the current account surplus would increase). In terms of the real interest rate, an increase in saving in China would cause an increase in the supply of loanable funds, leading to a decrease in the real interest rate, as shown in the graph.
3) If the American government decided to increase its purchases of goods and services (with no changes in taxes and transfers), it would lead to an increase in domestic consumption in the United States. This increase in consumption would result in a decrease in national saving in the United States. As a consequence, the current account balance in the United States would worsen (i.e., the current account deficit would increase). The decrease in national saving in the United States would also lead to an increase in the world interest rate. In China, the increase in the world interest rate would cause an increase in the real interest rate, as shown in the graph. This increase in the real interest rate in China would reduce investment and potentially lead to a decrease in national saving in China as well.
To know more about National Saving visit-
brainly.com/question/15109837
#SPJ11
“The most contrarian thing of all is not to oppose the crowd but to think for yourself.”
What does the quote means?
Answers
the quote about contrarian means, when everyone learns the same lessons, applying them to a religiosity perspective, there can be opportunities in the opposite direction. If everyone thinks the same thing, no one really thinks.
What is the contrarian truth?If you can identify an illusory popular belief, you can find what's behind it: Contradictory truths. Conventional beliefs never seem arbitrary and false unless after the fact; each time we collapse, we call the old belief a bubble, but the distortions caused by the bubbles don't go away when they burst.
Who is a contrarian person?A contrarian people is a person with contrary positions or attitudes. specifically: an investor buys a stock when most others are selling and sells when others are buying.
To learn more about contrarian visit:
https://brainly.com/question/29106177
#SPJ1
The market equilibrium point for a product occurs when 3,300 units are produced at a price of $4 per unit. The producer will supply no unit at $1 per unit, and the consumers will demand no unit at $15 per unit. Find the linear supply and demand functions, expressing the quantity of the product q (in units), in terms of the price per unit p (in dollars). A. qs=−350p+5075;qd=1000p−1000; B. qs=−300p+4500;qd=1100p−1100; C. qs=1100p−1100;qd=−300p+4500; D. qt=3300p−4;qd=3300p−15;
Answers
The linear supply function is qs = 1100p - 1100.The linear demand function is qd = -300p + 4500.
the linear supply and demand functions, we need to determine the equations that represent the quantity of the product in terms of the price per unit.
the market equilibrium point occurs when 3,300 units are produced at a price of $4 per unit, we can use this point to find the linear supply function.
Using the point-slope form of a linear equation, we have:
(qs - 3300) = m(p - 4)
the slope (m), we can use the given information that the producer will supply no unit at $1 per unit. This gives us another point (1, 0) on the supply curve.
Using the two points (1, 0) and (4, 3300), we can calculate the slope as follows:
m = (3300 - 0) / (4 - 1) = 3300 / 3 = 1100
Substituting the slope and one of the points into the equation, we have:
(qs - 3300) = 1100(p - 4)
qs - 3300 = 1100p - 4400
qs = 1100p - 1100
Therefore, the linear supply function is qs = 1100p - 1100.
Now, let's determine the linear demand function. We are given that the consumers will demand no unit at $15 per unit. This implies that the quantity demanded is zero when the price is $15.
Using the point-slope form again, we have:
(qd - 0) = m(p - 15)
the slope (m), we can use the given information that the market equilibrium point occurs at (4, 3300). Using this point and the point (15, 0), we can calculate the slope:
m = (0 - 3300) / (15 - 4) = -3300 / 11 = -300
Substituting the slope and one of the points into the equation, we have:
(qd - 0) = -300(p - 15)
qd = -300p + 4500
Therefore, the linear demand function is qd = -300p + 4500.
From the options provided, the correct answer is option B:
qs = -300p + 4500
qd = 1100p - 1100
Learn more about function with the given link,
https://brainly.com/question/11624077
#SPJ11
which of the following characteristics best describes repetitive focus? It uses sophisticated scheduling to accommodate custom orders.
Its output is a standardized product produced from modules.
Operators are broadly skilled.
It is widely used for the manufacture of steel.
Its costs are often known only after a job is done.
Answers
The correct answer is option B.
The characteristic which best describes repetitive focus is its output is a standardized product produced from modules.
Repetitive focus is a manufacturing method used for the production of standardized goods. This method is best suited for producing goods that have a limited variety of models and designs with a high volume of production. This characteristic makes repetitive focus distinct from other manufacturing processes, such as job shop focus and continuous focus.
In repetitive focus manufacturing, standardized goods are produced by dividing them into individual tasks or modules, which are then placed on an assembly line, with each workstation responsible for completing a specific task. This technique of breaking down the production process into smaller, more manageable units enables manufacturers to use specialized equipment, simplify worker training, and significantly reduce production costs.
Thus, the characteristic that best describes repetitive focus is: Its output is a standardized product produced from modules.
If you need to learn more about repetitive focus click here:
https://brainly.com/question/15171852
#SPJ11
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answers
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
While predicting real estate cycles is difficult, a key indicator used to evaluate where a property is within the cycle is?
Answers
A key indicator used to evaluate where a property is within the real estate cycle is the vacancy rate.
The vacancy rate is the percentage of unoccupied rental properties in a specific market or area. It is an essential indicator because it provides insights into supply and demand dynamics within the real estate market. By monitoring the vacancy rate, analysts and investors can assess the level of market saturation and determine whether it is a buyer's market (high vacancy rate) or a seller's market (low vacancy rate).
During periods of high vacancy rates, it indicates an oversupply of properties relative to the demand. This typically leads to downward pressure on rental prices and slower property appreciation. It may also indicate a potential downturn or correction in the real estate market.
Conversely, during periods of low vacancy rates, it suggests a tight market with strong demand for rental properties. This often leads to increased rental prices and the potential for property value appreciation. It may indicate a favorable seller's market with limited inventory and opportunities for investors.
While the vacancy rate is a useful indicator for assessing the phase of the real estate cycle, it is important to consider other factors as well, such as economic conditions, interest rates, employment trends, and market-specific dynamics. These factors, in conjunction with the vacancy rate, provide a more comprehensive picture of where a property stands within the real estate cycle.
Learn more about real estate from the given link
https://brainly.com/question/1534216
#SPJ11
Exercise 8-7 At December 31, 2018, Concord Corporation Company had a credit balance of $18,800 in Allowance for Doubtful Accounts. During 2019, Concord Corporation wrote off accounts totaling $13,500. One of those accounts ($3,500) was later collected. At December 31, 2019, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $30,700. Prepare journal entries to record the 2019 transactions of Concord Corporation Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Answers
Answer:
Dr Allowance $13,500
Cr Accounts Recivable $13,500
Dr Accounts Recivable $3,500
Cr Allow ance $3,500
Dr Cash $3,500
Cr Accounts Rec $3,500
Dr Bad Debts Expense $21,900
Cr Allowance $21,900
Explanation:
Preparation of the journal entries to record the 2019 transactions of Concord Corporation Company
Dr Allowance $13,500
Cr Accounts Recivable $13,500
(To record amount written off)
Dr Accounts Recivable $3,500
Cr Allow ance $3,500
(To reverse write-off)
Dr Cash $3,500
Cr Accounts Rec $3,500
(To record collection of writeoff)
Dr Bad Debts Expense $21,900
Cr Allowance $21,900
[$30,700-($18,800-$13,500+$3,500)]
Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answers
Answer:
capital
Explanation:
bulldozer is bought with capital.
What do you already know about different types of economic systems?
Answers
Explanation:
what do you Larry knok about
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answers
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
which 2 quickbooks subscription levels would support a client who needs to track inventory and create purchase orders and budgets? self-employed plus simple start essentials advanced
Answers
2 QuickBooks subscription levels would support a client who needs to track inventory and create purchase orders and budgets QuickBooks Online Plus and Advanced.
Simple Start is for unmarried users, Essentials for up to 3 users, and plus for as much as 5 users. The Essentials plan presents all of the capability of Simple Start at the side of handling payments and monitoring time. QuickBooks Online Plus has the capabilities covered in Simple Start and Essentials, plus greater capability for small agencies with greater complicated needs. It's the maximum famous subscription level.
Learn more about QuickBooks here:
https://brainly.com/question/28233687
#SPJ4
HELP! 40 points! MERRY ALMOST CHRISTMAS! ☃️
Answers
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income
Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Answers
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
#SPJ2
buy now pay later catalogs for people with bad credit
Answers
According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.
What is Buy now Pays later?Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.
There are various Buy now Pays later providers. Some of them include:
FlexshopperBradford ExchangeLeasevilleHSN, etc.Hence, in this case, it is concluded that various Buy now Pays later providers are out there.
Learn more about the Credit facility here: https://brainly.com/question/20328667
A luxury car dealer is considering two possible locations for a new auto mall. The rent on the south side of town is cheaper. However, the dealer believes that the average household income is significantly higher on the north side of town. The dealer has decided that he will locate the new auto mall on the north side of town if the results of a study that he commissioned show that the average household income is significantly higher on the north side of town North Side South Side The results of the study are as follows Calculate a 90% confidence interval for the difference (North-South) in average income between the two sides of town. Round your answer to two decimal places
Answers
Based on the study commissioned by the luxury car dealer, the average household income is expected to be higher on the north side of town compared to the south side.
To determine the confidence interval for the difference in average income between the two sides, a 90% confidence level is required. Using statistical calculations, a 90% confidence interval can be calculated for the difference in average income between the two sides of town. The resulting confidence interval rounded to two decimal places will provide a range within which the true difference in average income between the two locations is expected to fall.
The luxury car dealer is evaluating two locations for a new auto mall based on average household income. To determine the best option, we must calculate a 90% confidence interval for the difference in average income between the north and south sides of town. The study results should include sample sizes, average incomes, and standard deviations for both areas. Without this data, it's impossible to calculate the confidence interval accurately. Once you provide the required data, I'll be happy to help you calculate the 90% confidence interval and round the answer to two decimal places.
To know more about dealer visit:
https://brainly.com/question/31231814
#SPJ11
If free products are not attracting customers, what action would be appropriate?
Answers
If free products are not attracting customers, it may be appropriate to consider the following actions:
1. Review the target audience: Assess if the free products are aligned with the needs and interests of your target customers. If not, adjust your offerings accordingly.
2. Enhance product quality or features: Evaluate if the quality or features of the free products can be improved. This could involve conducting market research or gathering customer feedback to identify areas of improvement.
3. Adjust marketing strategies: Evaluate the marketing strategies being used to promote the free products. Explore different channels or methods to reach your target audience more effectively. This could include social media advertising, influencer collaborations, or targeted email campaigns.
4. Offer additional value: Consider offering additional benefits or services alongside the free products. This could include educational resources, personalized support, or exclusive discounts on related products or services.
5. Analyze pricing strategy: Review the pricing strategy for other products or services offered. It's possible that customers may perceive the free products as low-quality due to an overly low price point. Adjusting the pricing strategy could help in attracting more customers.
These actions should be based on a thorough analysis of the situation and the needs of your target customers. Regularly monitoring and adapting your approach will be crucial in ensuring the success of your marketing efforts.
To know more about marketing :
https://brainly.com/question/27155256
#SPJ11
Select the correct answer from each drop-down menu.
Fill in the correct terms to complete the description of Mischa going through the home-buying process Mischa wants to buy a home.
She has looked at the housing market. Now she needs to find a ______ to become _______ for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
A.real estate agent
B.lender
C.closeing company
D.title company
a.eligible
b.wait listed
c.credit checked
d.prequalified
Answers
Answer:
C
Explanation:
C
charlotte can produce pork and beans and can switch between producing them at a constant rate. if it takes charlotte 10 hours to produce a pound of pork and 5 hours to produce a pound of beans, what is charlotte's opportunity cost of pork and what is opportunity cost of beans?
Answers
Pork and beans can be produced in Charlotte. Pork has an opportunity cost of 10 pounds of beans divided by 5 equals 2 pounds of beans. 5 pounds of pork, 10 pounds of pork, or 1/2 pound of pork, is the opportunity cost of beans.
The demand for pork drives the demand for market hogs. Retailers create a wholesale demand plan for pork by subtracting an amount from the anticipated pork demand schedule that will cover their expenditures and generate a profit.
2020 saw the COVID-19 have an impact on the pork market. Neither state farms nor small-scale farmers can increase their output. Pork production did not increase and but decreased for the year by 1.42 million tonnes when compared to 2019. The demand for meat eventually exceeds the supply of pork.
Read more about charlotte's opportunity at
https://brainly.com/question/14984601
#SPJ4
why am i the best in my class