Register
A manufacturer of plastic canoes and fiberglass kayaks is experiencing an increase in the price of kayaks in the marketplace, while the price of oil used to make plastic is rising. These two events are
83.4k views
0 votes
A manufacturer of plastic canoes and fiberglass kayaks is experiencing an increase in the price of kayaks in the marketplace, while the price of oil used to make plastic is rising. These two events are likely to lead to a(n): a. an increase in the number of soccer ball manufacturersb. an increase in the price of soccer balls c. an increase in taxes on the sale of soccer balls d. an improvement in soccer ball production technology

User Chris Conway
by
3.4k points

1 Answer

7 votes

Answer:

an increase in the price of soccer balls.

Step-by-step explanation:

Soccer balls are made of polyethylene and other petroleum oil derivates. An increase in the price of oil will lead to increased price of soccer balls, because the raw material price has gone up.

Kayaks also have raw materials derived from oil that is why they are experiencing a rise in price.

Kayaks and soccer balls will have a directly proportional relationship due to their common raw material source- oil.

User Franciscod
by
3.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.4m answers

Other Questions

Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized that most customers called Tow-It-Now Inc. and it would be difficult to match
Link Copied!