In Bill’s product workshop, a particular job, known as SG45, consumed £9,300 of materials, and incurred 80 hours of direct labour, as well as 40 machine-hours, during November 20X3. The relevant total production data during November 20X3 were as follows. Production department Direct wages (£) 240,000 Budgeted overheads chargeable (£) 180,000 Direct labour hours worked 12,000 Machine hours operated 6,000 Required: Calculate, to the nearest £, the total production cost of job SG45 if overheads are absorbed on the basis of machine-hours

Answers

Answer 1

Calculation of total production cost of job SG45 if overheads are absorbed on the basis of machine-hours is given below;

Overhead absorption rate = Budgeted overheads chargeable / Machine hours operated= £180,000 / 6,000 hours= £30/hour Direct labour cost = Direct labour hours worked × Direct wages per hour= 12,000 × £20= £240,000Machine cost = Machine hours × Overhead absorption rate per hour= 40 × £30= £1,200

Material cost = £9,300Total production cost of job SG45= Direct labour cost + Machine cost + Material cost= £240,000 + £1,200 + £9,300= £250,500Therefore, the total production cost of job SG45 if overheads are absorbed on the basis of machine-hours is £250,500.

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Related Questions

Antitrust laws have economic benefits that outweigh the costs if they a. prevent mergers that would decrease competition and lower the costs of production. b. prevent mergers that would decrease competition and raise the costs of production. c. allow mergers that would decrease competition and raise the costs of production. d. None of the above is correct because antitrust laws never have economic benefits that outweigh the costs.

Answers

Answer:

b. prevent mergers that would decrease competition and raise the costs of production

Explanation:

Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.

This is done by increasing competition among the firms and reducing cost of production.

Cost reduction help new firms to enter the market easily.

So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.

Martinez co. Sells a machine that cost $10,000 with accumulated depreciation of $8,000 for $2,000 cash. The entry to record this transaction will recognize a gain or loss of how much?.

Answers

Based on the book value of the machine and the cash for which the machine was sold, no gain or loss would be recognised.

What is the gain or loss on the sale of the machine?

Depreciation is the process of expensing the cost of purchasing an asset. Depreciation declines the carrying value of the machine.

A profit would be recorded if the cash the machine was sold is greater than the book value of the machine. If this is not the case, a loss would be recognised.

Book value = $10000 - $8,000 = $2000

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You work for a firm that produces a relatively rare and hard-to-extract metal. "News arrives of a massive find: somewhere. a large deposit of this mineral has been found. It will take years for firms to bring this product to market (roads must he built. energy supplied to the new site. etc.) What will happen to the supply of this metal in the short run? Discuss briefly.

Answers

In the short run, the supply of the relatively rare and hard-to-extract metal will not immediately increase despite the discovery of a large deposit. This is because bringing a new mineral deposit to market involves a series of time-consuming processes such as building roads, supplying energy to the new site, and setting up the necessary infrastructure.



Here is a step-by-step explanation of what will happen to the supply of this metal in the short run:

1. Exploration and assessment: The firm will conduct extensive exploration and assessment activities to determine the size, quality, and economic viability of the newly discovered mineral deposit. This process may take months or even years.

2. Extraction planning: Once the assessment is complete, the firm will need to develop a comprehensive extraction plan. This includes designing the mining operations, acquiring necessary permits, and addressing environmental and safety considerations.

3. Infrastructure development: Building roads, establishing power supply, and constructing other necessary infrastructure are crucial steps in bringing the mineral deposit to market. These activities require significant time and investment.

4. Extraction and processing: After the infrastructure is in place, the actual extraction of the mineral can begin. Depending on the complexity of the deposit and the technology used, this process can also take a considerable amount of time.

5. Market entry: Once the mineral is extracted and processed, it needs to be transported and made available to buyers. This involves logistics, distribution networks, and establishing relationships with customers.

Considering these steps, it is clear that the supply of the metal will not increase in the short run. The entire process, from discovery to market entry, can take several years to complete. Therefore, in the short run, the supply will remain relatively unchanged.

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Which level of government are Planning workers most likely to work for?

A) state
B) federal
C) local
D) international

Answers

I’m pretty sure it’s local.

The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).

A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.

When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.

A variety of essential services for residents and companies in certain areas are handled by the local government.

Therefore, the correct option is "C".

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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?

Answers

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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What effect do communication skills have on ability to pursue

Answers

Answer:

you. dummy joking I. don't know

A vast global network that is made up of many smaller interconnected networks is known as

Answers

Answer:

The internet

Explanation:

Your large retail store sells power tools and construction supplies, and your customer base is made up primarily of home improvement contractors, subcontractors, and serious DIYers. But business has stagnated now that the housing market has seen a downturn. What can you do to boost your sales and keep your business solvent

Answers

Answer:

Consider marketing to a segment that meets the criteria for effective segmentation

Explanation:

In the given situation it is mentioned that the business is stagnated due to which the housing market seen as the downturn so in order to increased the sales and keep the business solvent we should considered the marketing to the segment where it should meet the effective segmentation criteria so that the company could able to increased their sales due to this the solvency of the business could be maintained

Question # 1
Long Text (essay)
Submit your work for Part A, a crime study, and for Part B, creating a law and codifying a crime.

Answers

C r i m e is a complex social phenomenon that requires a multidisciplinary approach to understand and address. Creating laws and co di f ying c r i m e s is an essential component of the criminal justice system and can help address societal problems such as C y b e r b u l l y i n g.

What informs the c r ime study?

Part A: Crime Study:

Understanding crime and its causes is critical in developing effective crime prevention strategies and maintaining social order. The study of crime also involves understanding the criminal justice system, which is responsible for maintaining law and order and punishing offenders. Law enforcement agencies are responsible for investigating crimes, arresting offenders, and bringing them to trial. The courts are responsible to determine guilt and administer punishment. The correctional institutions are responsible of rehabilitating offenders.

In conclusion, crime is a complex social phenomenon that requires a multidisciplinary approach to understand and address. Understanding the causes of crime and the criminal justice system is critical in developing effective crime prevention strategies. Creating laws and codifying crimes is an essential component of the criminal justice system and can help address societal problems such as c y b e r b u l l y i n g.

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In order to search the internet you need to use software referred to as a__?

Answers

Answer:

search engine

Explanation:

A search engine is software designed to search web pages on the internet. Search engines work to provide answers to information sought from the internet. They locate, organize, and present the information sought on a database called index.  

Yahoo and Bing are other examples of a search engine. It is the most known and most used.

What are the primary reasons people choose to invest and trade stocks?

(Select all that apply.)


to earn a dividend to earn a dividend , ,

to earn capital gains to earn capital gains , ,

to earn predictable quarterly interest to earn predictable quarterly interest , ,

to earn money that is liquid

Answers

Answer:

to earn a dividend

to earn capital gains

Explanation:

Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.

Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.

Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.

Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.

What do you mean by management ?​

Answers

Answer:

Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively

Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively

A local government is managing ads aimed at improving public health awareness. The government pays a
social networking app to show its ads in users’ news feeds. The social networking app has a variety of adds
to show. If the government pays a fee, the app will guarantee that the ad will be shown, but that the add
will be randomly mixed with other ads. The government believes they will improve health outcomes if
users see two consecutive ads with health initiatives.
The app will show a user exactly one ad each minute. The apps algorithm also states that if an ad has been
shown then it will not be shown to the user again. The social media site shows all ads that it has been
contracted to display.
The app is currently contracted to display 5 health-related ads and 11 ads that are not health initiatives.
Every ad is considered ‘unique’, i.e. there are no repetitions.
i. How many ways can the app arrange these ads?
ii. How many ways can the app arrange these ads, where there are at least two health ads in a row?
iii. How many ads should the government have in their portfolio if they wish to ensure there is a probability
of at least 0.5 of a user seeing at least two of their ads in a row?

Answers

The app can arrange the ads in a total of 16!/(5!*11!) = 4368 ways. This is calculated using the formula for combinations.

where 16 represents the total number of ads and 5 and 11 represent the number of health-related ads and non-health ads, respectively. To calculate the number of ways the app can arrange the ads with at least two health ads in a row, we can consider the health ads as a single entity. Therefore, we have 12 entities (11 non-health ads + 1 group of health ads) to arrange. The number of ways to arrange these entities is 12!. However, within the group of health ads, there are 5! ways to arrange them. Hence, the total number of arrangements is 12!/5! = 95,040. To ensure a probability of at least 0.5 of a user seeing at least two ads in a row, the government should have a portfolio of at least 6 health-related ads. If they have 6 health-related ads, the probability of two consecutive health ads being shown is (6/16) * (5/15) = 1/8, which is greater than 0.5.

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Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store?

Answers

Answer :

Promotion is the P of marketing Henry may focus on to differentiate his retail shop.

Explanation :

In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.

Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.

This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.

what is the importance of the floriculture in nepal

Answers

Explanation:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

Answer:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

All of the following tips will help with goal setting, except:

Answers

Answer: setting a time frame, creating tasks

Explanation: not doing these things will slow down goal setting

Answer:

manage your time and be organized

Who must file an income tax return?

Answers

Answer:

The tool is designed for taxpayers who were U.S. citizens or resident aliens for the entire tax year for which they're inquiring. If married, the spouse must also have been a U.S. citizen or resident alien for the entire tax year.

Explanation:

what is a highly coordinated activity that delivers goods and/or services when they are needed? multiple choice just-in-time production quality management lean operation heijunka takt time

Answers

Just-in-time production is a highly coordinated activity that delivers goods or services when they are needed.

Just-in-time management is a philosophy, not a method. If the "customer" is the eventual consumer of the product or a process further along the production line, the term originally referred to the manufacturing of goods to precisely fulfill customer demand in time, quality, and quantity.

By minimising the time and resources needed for production operations, JIT increases productivity. More rapid product production is possible thanks to manufacturers.

This simplified strategy can save costs and boost productivity while things are going as usual, but it is vulnerable to changes in supply and demand. JIT production can make manufacturers unable to meet demand when global supply networks are interrupted for a variety of reasons, deepening an economic downturn.

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The income tax rates for corporate taxpayers apply to taxable estates and trusts. O True False For a trust to be taxable, it must be revocable both as to corpus and income. True O False Estates and trusts are required to file a declaration of estimated income for the current taxable year on or before December 31 of the same taxable year. O True False The taxable income of an estate or trust shall be computed in the same manner and on the same basis as in the case of a corporation. True O False Taxable estates are estates of deceased persons judicially settled. True False

Answers

The answers are as follows: The income tax rates for corporate taxpayers apply to taxable estates and trusts.

  False

For a trust to be taxable, it must be revocable both as to corpus and income.

  False

Estates and trusts are required to file a declaration of estimated income for the current taxable year on or before December 31 of the same taxable year.

  False

The taxable income of an estate or trust shall be computed in the same manner and on the same basis as in the case of a corporation.

  True Taxable estates are estates of deceased persons judicially settled.

  True

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Plz, Help quickly. In accordance with the seven core elements of an effective occupational safety and health program, what should management do to support the program effectively?
Select the 4 answer options that apply.

Communicate their commitment to the programs through a written statement.


Establish realistic, attainable, and measurable goals.


Encourage employee participation by publicly punishing those who do not participate.


Only allow senior management level employees to be involved with the program evaluation, to avoid conflict.


Allocate resources to the program by integrating it into the budget and time planning.


Establish a process to report any safety and health concerns.

Answers

Answer:

Communicate their commitment to the programs through a written statement.

Establish realistic, attainable, and measurable goals.

Allocate resources to the program by integrating it into the budget and time planning.

Establish a process to report any safety and health concerns.

Explanation:

In accordance with the seven core elements of an effective occupational safety and health program, management should follow the following to support the program effectively:

Communicate their commitment to the programs through a written statement.

Establish realistic, attainable, and measurable goals.

Allocate resources to the program by integrating it into the budget and time planning.

Establish a process to report any safety and health concerns.

Expliquen la siguiente frase:

El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente

Answers

Answer:

Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.

Domestic law and order, the infrastructure, and the climate of international trade are all aspects of a country's?

Answers

Domestic law and order, the infrastructure, and the climate of international trade are all aspects of a country's political environment. Political environment refers to the state, government, and the public and private parties that operate, interact, and/or have an impact on the system.

The foundation of a country's commercial climate is its political environment. While promoting one type of business can enhance earnings for that industry and its participants, it can also result in losses for international trade. Because lengthy or abrupt changes in the political environment can have an influence on GDP and the wider economy, the government also takes all these risks and impacts into account.

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the 2007–2009 recession was brought on when the federal reserve used excessive tightening of the money supply to solve the period of stagflation from 2004 to 2007. true/false

Answers

The 2007–2009 recession was brought on when the federal reserve used excessive tightening of the money supply to solve the period of stagflation from 2004 to 2007 is false.

Why is the statement not true?

The 2007-2009 recession, also known as the Great Recession, was primarily caused by the collapse of the housing market, which led to a financial crisis.

This was due to a combination of factors, including subprime mortgage lending, excessive risk-taking by financial institutions, and the securitization of mortgages.

The Federal Reserve's monetary policy during this period was not primarily focused on combating stagflation, and excessive tightening of the money supply was not the main cause of the recession.

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When companies adopt the strategy formulation, strategy execution process, the first step is to Group of answer choices develop a strategic vision, mission, and values. execute the company's chosen strategy efficiently and effectively. adopt a proven business model, decide on the company's top management team, and craft a strategy. set objectives and develop a profitable business model to meet those objectives. monitor internal and external developments and initiate corrective adjustments to the business model when necessary.

Answers

Answer:

develop a strategic vision, mission, and values.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

On a related note, when companies adopt the strategy formulation, strategy execution process; the first step is to develop a strategic vision, mission, and values that would effectively and efficiently help it in achieving its aim, goals, objectives, and procedures in order to enhance the survival, growth, and overall effectiveness of a business firm.

Outplacement assistance programs are best suited for which condition?
A) new plant openings
B) mergers and acquisitions
C) workforce increases
D) global operations

Answers

Outplacement assistance programs are best suited for condition:

B) mergers and acquisitions.

Outplacement assistance programs are typically designed to support employees who are facing job displacement or loss due to organizational changes such as mergers, acquisitions, downsizing, or restructuring. These programs provide support and resources to help affected employees transition into new employment opportunities. In the context of mergers and acquisitions, where there may be workforce reductions or job changes, outplacement assistance programs can help affected employees navigate the job market, enhance their job search skills, and provide career counseling and placement services. These programs aim to mitigate the negative impact of organizational changes on employees and help them find new employment opportunities

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Shannon puts x dollars into an investment with an interest rate of 4 percent per year and y dollars into an investment with an interest rate of 10 percent per year. She invests a total of $2600, and her interest earnings after one year are \$194. From this information, we can create two equations: one for the total investment and one for the interest earned. State both equations, and then solve the system to determine how much Shannon invested in each. The equation that describes the total investment is The equation that describes the interest earned is Amount invested at 4 percent interest is $ Amount invested at 10 percent interest is $

Answers

Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

To determine how much Shannon invested in each account, we can create two equations based on the given information. Let's denote the amount invested at a 4 percent interest rate as x and the amount invested at a 10 percent interest rate as y.

The first equation represents the total investment:

x + y = $2,600

The second equation represents the interest earned:

0.04x + 0.10y = $194

To solve this system of equations, we can use substitution or elimination methods. Let's use the elimination method.

Multiply the first equation by 0.04 to match the coefficients of x:

0.04x + 0.04y = $104

Now, subtract this equation from the second equation:

0.04x + 0.10y - (0.04x + 0.04y) = $194 - $104

0.06y = $90

Divide both sides by 0.06:

y = $90 / 0.06

y = $1,500

Substitute the value of y back into the first equation:

x + $1,500 = $2,600

Subtract $1,500 from both sides:

x = $2,600 - $1,500

x = $1,100

Therefore, Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

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True or False (PLEASE ANSWER QUICK)

Transactions that have cleared your bank account will appear on your bank statement.

Answers

It’s TRUE I took the test

the rise of electronic payment systems has encouraged more peer-to-peer lending programs. these programs connect lenders and borrowers outside the traditional banking system.

Answers

The rise of electronic payment systems has indeed encouraged more peer-to-peer lending programs, which facilitate direct connections between lenders and borrowers outside the traditional banking system.

Electronic payment systems have revolutionized financial transactions by providing convenient, secure, and efficient means of transferring funds digitally. As a result, the barriers to entry for peer-to-peer lending have been significantly lowered, allowing individuals to participate as lenders or borrowers without relying solely on traditional banks or financial institutions.

Peer-to-peer lending platforms utilize electronic payment systems to facilitate the transfer of funds between lenders and borrowers, often through online platforms or mobile applications. These platforms provide an alternative avenue for individuals or businesses to access financing or invest their money. Lenders can diversify their investment portfolios by lending directly to borrowers, while borrowers can seek funding outside the traditional banking system, potentially obtaining loans with more favorable terms or rates.

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Workers typically get dirty if they work at a job site for

both the Construction and Design pathways.
both the Construction and Maintenance pathways.
the Maintenance pathway only.
the Design pathway only.

Answers

Answer:

b

Explanation:

B

Which is a requirement for an acceptance?

mirror image of offer
intent to contract
communicated
all of the above

Answers

All of the above

The offer must be mirrored, the first party must have an intent to contract, and that intent must be communicated for the second party to know, for sure, that a specific contract is agreed upon for acceptance.

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The answer above is correct my dude
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The phenomenon that the sampling distribution of the sample mean can be approximated by a normal distribution as the sample size become large is called:______. what is the parenthetical definition for the word "shareware" infollow sentence?The department is using shareware in its draftingcourse. why is language an important tool in developing a monster character in a story? a. the author's characterization of the monster can be delayed until the last possible moment in a story. b. the author can portray a monster with powerful word choice that forces the reader to understand the monster's motivations. eory.According to cell theory, which of the following aremade of cells? Check all that apply.O flowersrocksbloodwaterbacteriasugarskinRETRY Write a short story (1+ pages) that somehow reflects the importance of the ISTE standards for students. Your story could be completely fictional or creative non-fiction, meaning a story that is somewhat based on real-life events snow ski park costs$35 entry fee and than $5 per hour. If you can have $60, how long can you be at the snow play ski park? Multiple choice 1. If the price of automobiles increases and all other factor remain unchanged it will be reasonable to expect an increase in the demand for automobiles sales b. a decrease in the demand for automobiles C. an increase in the quantity of automobiles demanded d. a decrease in the quantity of automobiles demanded 2. If the demand curve for Heavy Beer shifts to the left, this could be due to a. an increase in the price of Heavy Beer b. an increase in consumer income c. an increase in the price of other bears d. a shift in tastes and preferences to light beers 3. An increase in the price of apples is likely to cause a. a decrease in the demand for apples b. an increase in the quantity demanded of apples c. an increase in the demand for other types of fruit d. an increase in the quantity demanded of other types of fruit 4. If the price of black walnuts increases and other factors remain unchanged it is reasonable to expect a. an increase in the quantity supplied b. a decrease in the quantity supplied c. an increase in supply d. a decrease in supply 5. If a new labor settlement increases a fim's costs, this will probably a. cause a decrease in supply b. cause an increase in supply cause a reduction in the quantity supplied d. cause the supply curve to shift to the right 6. If grasshoppers destroy half of the wheat crop the result will be a decrease in the quantity supplied b. a rightward shift of the wheat supply curve c. a leftward shift of the wheat supply curve d. none of the above 7. If demand increases and supply declines a. the equilibrium price and quantity will both increase b. the equilibrium price will rise, but the quantity will fall c. the equilibrium price will fall, but the quantity will rise d. the equilibrium price and quantity will both fali e. the equilibrium price will rise; quantity will be indeterminate C. a. Use the chart below to answer the following questions. Claceifiration of I hina Thinae The emotional atmoshere a reader sences in a poem or story is referred toas its