Scenario 14-5 a study sponsored by the food consumer safety board found that consumption of irradiated tomatoes increased the health of laboratory rats. as a result of national press coverage of the report, the demand for irradiated tomatoes increased dramatically. organic farmers were able to switch from organic production of tomatoes to irradiated production with no additional cost. assume that the tomato market satisfies all of the assumptions of perfect competition. refer to scenario 14-5. as a result of the increase in the demand for tomatoes, we would predict that in the short run that the a. production of tomatoes would be at efficient scale. b. price of tomatoes would rise.

Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.

Which two of the following are benefits of consumer programs