Matcha green tea is primarily cultivated by Japanese farmers. Suppose that Matcha green tea grows in popularity as its health benefits, namely its lower caffeine content, become known, and at the same time the government reduces taxes imposed on Japanese tea farmers. What is the likely effect on the equilibrium price and quantity in the Japanese Matcha tea market

Answers

Answer 1

Answer:

equilibrium quantity would increase

there would be an indeterminate effect on equilibrium price

Explanation:

Due to the increase in popularity of the tea, the demand for the tea would rise. This would lead to a rightward shift of the demand curve. Equilibrium price and quantity would rise.

If taxes are reduced, the cost of producing tea would reduce. This would encourage producers to start making tea. As a result, the supply of tea would increase. This would lead to a rightward shift of the supply curve for tea. As a result, equilibrium price would fall and equilibrium quantity would increase.

Taking these two effects together, there would be an increase in equilibrium quantity and there would be an indeterminate effect on equilibrium price


Related Questions

What is a similarity between a term life insurance policy and a whole life insurance policy?
OA
OB
Both provide coverage for the policyholder's medical and outpatient surgery costs
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years,
Both include a cash value component that the policyholder can receive at the end of the policys term,
Both provide financial compensation to the beneficiaries upon the policyholder's death,
Ос. .
OD

Answers

Both provide financial compensation to the beneficiaries upon the policyholder’s death.

A similarity between a term life insurance policy and a whole life insurance policy is that both provide financial compensation to the beneficiaries upon the policyholder's death. The correct option is d.

Term and whole life insurance are two of the most frequent types of life insurance. Whole life insurance is a type of permanent life insurance that lasts as long as you live (provided you pay your premiums). It also includes a cash value account, which is a form of savings account that grows tax-free over time and can be withdrawn or borrowed from while you are living. Term life insurance, on the other hand, is only valid for a set number of years (the term) and has no monetary value.

Term insurance only protects you for a set number of years, whereas whole life insurance protects you for the rest of your life—if you can keep up with the premium payments. Whole life insurance rates might be five to fifteen times higher.

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How is it best to get rid of information you receive in the mail?
A Tear the mail in half and place each half in a different trash bag

B Just throw it way, thieves don't dig through trash

C Use a shredder before placing it in the trash

D Mark out all personal information with a marker

Answers

C is the correct answer.
The answer would be C. Using a shredder makes it harder for thieves to understand the information.

Differentiate wealth-creating venture from income-generating venture.

Answers

Answer:

Explanation:

A wealth creating venture is expected to produce a return over a longer time span. Let’s say that the venture is expected to lose money for 5 years and then generate significant returns in year six. Over a ten year span, it might be very profitable. But if you are expecting to live off the proceeds starting on day one then you have a problem.

An income generating venture is expected to become cash-flow positive much sooner. A self-funding entrepreneur is likely to desire an income generating venture unless they are very wealthy. A venture backed business allows for a longer timeframe to accrue value.

What type of account is used regularly and handles day-to-day
transactions?
A Line of credit
B Money market
C Checking
D Savings

Answers

people mostly use checking so the answer is c
The answer is C, Checking
You use a checking account for day to day transactions. Debit card, checks and deposits are typical transactions for a checking account.

What are the characteristics of effective pricing?

Answers

Answer:

Customer perception of value. Value needs to be at the core of every pricing decision your company makes.

Costs of running your business.

Competitors in your market.

Target customer personas.

Growth potential.

Create buyer personas.

Price in tiers.

Perform a pricing audit.

Explanation:

Hope that helps!

Which type of bankruptcy leaves your credit report sooner?

Answers

chapter 13 bankruptcy my friend
have a great day!

Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried about losing his investment. He would like to know the
interest rate up front. Which of the following options would best suit his needs?
O Certificate of deposit
OIRA
O Traditional checking account
Traditional savings account

Answers

Answer:

A. Bonds.

Explanation:

I majored in Business

The option which fulfills the needs of Marlon is a Certificate of deposit. Thus the correct answer is A.

What is a Certificate of Deposit?

A certificate of deposit is considered a kind of saving account which helps the account holder to carry a set amount for a fixed period of time. The duration can be of six months, a year, or five years. The bank will be the interest rate to the holder based on the duration.

Marlon wishes to acquire savings over time. He does not require easy access to the funds and is concerned with losing his investment. He wants to know the interest rate right away. In this situation Certificate of the deposit will be suitable as it holds money for a fixed duration of time.

This will be better as it provides a higher rate of interest and does not charge any maintenance fees from the account holder.

Therefore, option A Certificate of deposit.

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will gie 5 starz thank and braiest

Answers

Answer:

True true false False true false I'm not sure this is correct

Explanation:

Question 1: true
Question 2: false I think
Question 3: true
Question 4: false
Question 5: true
Let me know if any of these are wrong and I hope this helps

What number is 0.1 more than 30.7?

Answers

Answer:

30.8

Explanation:

Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his checking account statement, John was paid ________________ every __________

Answers

Answer:

Explanation:

According to the bank statement for John Jones that can be found online. John was paid by direct deposit every 14 days (two weeks). Every two weeks John receives a total of $694.81 directly to his bank account and described as "Payroll Deposit - Hotel" which is most likely his job. Direct deposit is a feature that almost every employer has to automatically send an employee's earned income directly to their bank account at the same time every couple of weeks, sometimes twice a month and other times once a month.

1. The person who operates a business
under the name of the owner.​

Answers

Answer:

Franchise

Explanation:

A franchise is someone who uses the name, logo and design of an existing company. I think it's the same thing

What is the first step when creating a 3-D range name?
Open the New Range window, and click 3-D.
O Press the Shift key while selecting the new sheet.
O Open the Name Manager, and click New.
O Click a cell to insert the cell reference.

Answers

Answer:

C. Open the Name manager, and click New

Explanation:

T account charts must always have what?

Answers

A debit and a credit side.

Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation

Answers

Answer:

The answer that I think would be correct is option C (survivors benefits)

Explanation:

Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.

Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.

Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.

Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.

How can social media cause people to live from pay check to pay check?

Answers

Answer:

Living paycheck to paycheck: For many, this act of using most oe all your monthly income to cover your monthly expenses-with no money left over and none for savings.

If someone owes you $100 right now, but they don't pay you for a year, you have lost the opportunity to collect _______________on that money.

Answers

Answer:

Interest

Explanation:

Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.

You are creating a budget for your new business. What should you include?
A. All income and expenses.
B. Fixed expenses but not income.
C. Income but not variable expenses.
D. Fixed and variable expenses but not taxes.

Answers

Answer:

A

Explanation:

You should include all income and expenses because you need to know the value of the business and the amount of money you'll have to spend after you have deducted all the expenses and added all the incomes of the business.

why would anyone select a bank that has unfavorable overdraft policies

Answers

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

what is a customer retention?

Answers

Answer:

Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.

Explanation:

can i have brainliest

Customer retention is keeping customers as repeat customers. Repeat customers come back to make purchase more then one time.

When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quantity demanded of good A falls to 400 units. Using the midpoint method, O 1. the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A O2 the price elasticity of demand for good A is 1.50, and an increase in price will result in a decrease in total revenue for good A. O 3. the price elasticity of demand for good A is 1.50, and an increase in price will result in an increase in total revenue for good A O 4 the price elasticity of demand for good A is 0.67, and an increase in price will result in a decrease in total revenue for good A

Answers

Answer: The price elasticity of demand for good A is 0.67, and an increase in price will result in a increase in total revenue for good A

Explanation:

The following can be deduced form the question:

P1 = $50

P2 = $70

Q1 = 500 units

Q2 = 400 units

Percentage change in quantity = [Q2 - Q1 / (Q2 + Q1) ÷ 2 ] × 100

Percentage change in price = [P2 - P1 / (P2 + P1) ÷ 2 ] × 100

% change in quantity = (400 - 500)/(400 + 500)/2 × 100

= -100/450 × 100

= -22.22%

% change on price = (70 - 50)/(70 + 50)/2 × 100

= 20/60 × 100

= 33

Price elasticity of demand = % change in quantity / % change on price

= -22.22 / 33

= -0.67

This means that a 1% change in price will lead to a 0.67% change in quantity demanded. As there was a price change, there'll be a little change in quantity demanded because demand is inelastic. Thereby, he increase in price will lead to an increase in the total revenue.

Therefore, the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A

On July 1, 2020, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Kalter Insurance Co. Kalter uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order

Answers

Answer:

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

Explanation:

Preparation of the journal entry for July 1 and the adjusting entry on December 31 for Kalter Insurance Co

Based on the information given the journal entry for July 1 will be :

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

(Being to record Unearned Service Revenue )

Based on the information given the Journal entry for December 31,2020 will be :

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

[ ( $14,400 / 36 Months) * 6 ]

(Being to record Service revenue earned)

Note that 3 years will give us 36 months (12month*3) and July 1,2020 to December 31 will give us 6 months.

Why do you think it is better for the industry to advertise its product through magazine than newspapers.Give two reasons

Answers

Answer:

Magazines are more specifically targeting, offer higher scope of sale conversion.

Explanation:

Advertisement is done to persuade people for buying goods & services. It can be of various forms, eg - magazines & newspapers.

Magazines are better than newspapers, as -

Magazines are read by people specifically interested in the particular niche, so they are more likely to be prospective buyers of the product. Newspapers are comparatively less targeted form of advertisement, as they advertise to all the people, irrespective of their scope of interest in the good or service. Magazines are relatively more targeted in this case.

Nurix, Inc. is a business consulting firm. During the month of​ February, Nurix earned​ $55,600 of revenues by providing services to 47 clients. Operating costs for February were​ $8,500 and​ non-operating costs were​ $6,000. What is the unit cost per​ service? (Round your answer to the nearest​ cent.)A. $127.66B. $1,182.98C. $308.51D. $180.85

Answers

Answer:

Unitary cost= $308.51

Explanation:

Giving the following information:

Number of services= 47

Operating costs for February were​ $8,500 and​ non-operating costs were​ $6,000.

First, we need to calculate the total cost:

Total cost= 8,500 + 6,000

Total cost= $14,500

Now, the cost per service:

Unitary cost= 14,500/47

Unitary cost= $308.51

How much candy is in 30 bags? there are 10 pieces of candy each

Answers

Answer:

300

Explanation:

10/30=300

The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.

Answers

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

GameStop stock prices
last week.
A
tanked
B
soared
с
stabilized
D
plateaued

Answers

The answer is A.

I backed up my answer by searching up GameStop’s stick graph and it has dropped down.

Why can you win a presidential election without winning the most individual votes?

Answers

Answer:

Because of Electoral College system

Explanation:

Answer:

You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.

Explanation:

(hope this helps :P)

1203+345=

............

Answers

1548
...................................

Choosing to go to college over getting a job right out of high school is an example of a(n)___.
fixed cost
opportunity cost
Ο Ο Ο
variable cost
O none of the above

Answers

It is an opportunity cost.
Because your are choosing to do one out of the two

which of the folliwing guidelines is not include in making vegetable salad?​

Answers

Answer:

An apple mabye??

Explanation:

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