Business, 25.09.2020 03:01, joannachavez12345
Unit 2: Supply for School Lunch
Directions: Match each scenario with the corresponding Graph below and highlight the shift.
1. The price of potatoes has increased.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT:
2. Schools expect to sell double the amount of lunches this week.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT
3. Government ramps up regulations on the nutritional value of school lunches.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT:
4. The health department shuts down the food processing department for our district.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/ NON-PRICE DETERMINANT.
5. Federal government eliminates the tax free status of school districts.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT:
6. A new machine has been bought that will pre-make all nachos.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT
7. The price of a lunch has increased to $2.00.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT
8. The price of cheese has decreased.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT:
9. The size of Summer Creek has decreased; lunch ladies expect to sell less lunches.
SUPPLY line for the school's lunch goes Right OR Left GRAPH/NON-PRICE DETERMINANT:
10. The food processing department burned down; lunch ladies have to make lunches on campus now.
Answers: 3
Business, 22.06.2019 02:10, dakodahepps
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It is estimated that over 100,000 students will apply to the top 30 m. b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m. b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m. b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent
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Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Unit 2: Supply for School Lunch
Directions: Match each scenario with the corresponding Graph below...
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