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

Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. A. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. B. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.

Answers

Answer:

trade secret

Explanation:

THIS IS THE COMPLETE QUESTION BELOW

Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.

The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n) ________.

Trade secret can be regarded as one of the intellectual property which is a process/ practice such as design, patterns or instrument that is generally not revealed outside the company. It gives a company an edge over her compititors

3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *

Answers

Answer:

The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.

Explanation:

Complete the following statement.
This
Adrian is attending a marketing conference and seems quite bored with the sequence of events, so he is
1. Slouching I. His chair
2. Leaning forward
3. Crossing his arms
This kind of gesture is an example of
1. Nonverbal
2.verbal

communication.

Answers

Nonverbal, verbal is when you use your voice for something. Hope this helped

2. A business installs a free chilled water drinking machine
for staff. This is an example of: (1)
A
B
С
D
a non-financial method of motivation
a promotional method
an improvement to customer service
organic growth

Answers

the answer would be A, a non-financial method of motivation

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.

Use the following information to answer the question. There are three firms in an economy: X, Y, and Z. Firm X buys $200 worth of goods from Y, and $300 worth of goods from firm Z, and produces 250 units of output at $4 per unit. Firm Y buys $150 worth of goods from firm X, and $250 worth of goods from firm Z, and produces 300 units of output at $6 per unit. Firm Z buys $75 worth of goods from firm X, and $50 worth of goods from firm Y, and produces 500 units at $2 per unit. Given this information, what is the economy’s GDP?

Answers

Answer:

$2,775

Explanation:

The computation of the GDP of the economy is given below:

But before that the total value sold by three firms would be determined

Total amount of goods sold by X:

= X sells to Y + X sells to Z

= $150 + $75

= $225

Total amount of goods sold by Y:

= Y sells to X + Y sells to Z

= $200 + $50

= $250

Total amount of goods sold by Z:

= Z sells to X + Z sells to Y

= $300 + $250

= $550

Now

Amount of goods generated by X

= units of output × cost per unit

= 250 units ×  $4

= $1,000

Value of goods generated by Y

= units of output × cost per unit

= 300 units ×  $6

= $1,800

Value of goods generated by Z

= units of output × cost per unit

= 500 units ×  $2

= $1,000

Now GDP is

= [Goods generated by X - Valued added by X] + [Goods generated by Y - Value added by Y] + [Goods generated by Z - Value added by Z]

= [$1,000 - $225] + [$1,800 - $250] + [$1,000 - $550]

= $775 + $1,550 + $450

= $2,775

Write a short paragraph on what you have learned about cost/benefit analysis in regards to attending college for four years
HELP PLEASE

Answers

Answer:

The Bachelor's degree is a 4-year undergraduate degree. Historically, the word "college degree" indicated a bachelor's degree or a conventional four-year degree. It normally takes four years of full-time study to complete the bachelor's degree—comprising 120 semester credits or around 40 college classes.

Explanation: i hope this help :)

Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when the person who has lost the weight leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body as the excess weight. These weight-loss programs are engaged in _____ behavior.


a.legal and irresponsible


b.legal and responsible


c.illegal but responsible


d.legal but irresponsible

Answers

Answer:

d

Explanation:

ways a business can be involved in the macro environment​

Answers

Private-Public Partnership.
Privately owned service to the Community or Country.
Job Creation.
Increased involvement in Social Responsibility.
Government tenders.
Expansion into Africa.
Taking the lead in an area of technology.

The ways that a business can be engaged in the Macro environment is through the

payment of taxesSpending Borrowing

What is the macro environment?

These are the larger environments that are known to influence a firm in the economy.

The macro environment affects the firms by the political, environmental and social factors in the country.

Read more on macro environment here:

https://brainly.com/question/5511643

explain the factors affecting fixed capital and working capital​

Answers

Answer:

The affecting factors of the given context are defined below in the explanation section.

Explanation:

Factors affecting fixed capital:

Capital expenditure of alternative investments is longer and therefore is considered fixed capital. That capital would be largely funded thru all the lengthy period financing sources, including certain equity, retained earnings, bonds, loan repayments, and so much more.

Factors affecting working capital:

Costs of production, staffing costs, and operating costs also impact working capital. These fees are based on either the manufacturing techniques and equipment throughout the warehouse, this same competence of the employees, respectively.

Miles graduates from college and his his income increases by ​$ 35 comma 000 35,000 a year. Nothing else changes. Miles Miles decreases the quantity of hot dogs hot dogs and pretzels pretzels that he he buys and increases the quantity of gourmet ice cream gourmet ice cream that he he buys.

Answers

Answer:

hot dogs and pretzels are inferior goods

Explanation:

From the question, We are informed about Miles who graduated from college and his his income increases by ​$ 35000 a year. Nothing else changes. Miles Miles decreases the quantity of hot dogs and pretzels that he buys and increases the quantity of gourmet ice cream that he he buys. For Miles, hot dogs and pretzels are inferior goods. In economics, inferior good can be regarded as goods that have a fall in demand whenever there is increase in consumer income, i.e increase in consumer income will bring decrease to such goods, which is opposite to normal goods.

Answer:

Miles graduates from college and his his income increases by ​$35,000 a year. Nothing else changes. Miles decreases the quantity of hot dogs hot dogs and pretzels that he buys and increases the quantity of gourmet ice cream that he buys.

For Miles, gourmet ice cream is a normal good

Explanation:

A normal good is a good for which demand increases when income increases and demand decreases when income decreases.

An inferior good is a good for which demand decreases when income increases and demand increases when income decreases.

what are the merits and demerits of group trade?

Answers

Answer:

(a) International Specialization: ...

(b) Increase in World Production and World Consumption: ...

(c) Safeguard against the Advent of Monopolies: ...

(d) Links with Other Countries: ...

(e) Higher Earnings of the Factors of Production: ...

(f) Benefits to Consumers: ...

(g) Higher Efficiency and Optimum Utilisation of Resources:

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!
Other Questions
What point did Churchill make about wartimeproduction?O The Axis powers would be easy to defeat.O The Allies could not hope to keep up with theAxis powers, which had too many weapons.O The Allies needed US production to equal orbeat that of the Axis powers.DONEhurchillongress Review the map Why did people use the Silk Road?It avoided travel on ocean routesIt went around mountainous terrainIt enabled travel to the center of Africa It connected the Italian Peninsula and China NEED HELP ON ALL PLEASEQuestion 110 ptsIt is going to take a ______________ to find a solution to this major problem; we need someone with a unique and innovative idea.Group of answer choicesvisionaryphonographvistacacophonyFlag this QuestionQuestion 210 ptsThe author wrote with such detail that it was easy for her readers to _______________ what the characters and settings looked like.Group of answer choicesauditionvisualizevistacacophonyFlag this QuestionQuestion 310 ptsThe mayor's speech was held in a large ________________ that seated over 500 people.Group of answer choicesauditoriumphonographvistaauditionFlag this QuestionQuestion 410 ptsBefore CDs and MP3s, the __________________ was one of the few options people had for playing music.Group of answer choicesvistaauditoriumphonographvisionaryFlag this QuestionQuestion 510 ptsAfter waiting two hours for the band to begin playing, the _________________ grew restless and began to boo and hiss.Group of answer choicesaudienceauditoriumvisionaryphonographFlag this QuestionQuestion 610 ptsChoose an antonym for audible.Group of answer choicesvisiblecrisploudmuffledFlag this QuestionQuestion 710 ptsIf you are looking through a vista, then you...Group of answer choiceslikely do not have a full view of somethingare probably in an office or an elevatorare viewing something unpleasantFlag this QuestionQuestion 810 ptsChoose a synonym for cacophony.Group of answer choicesracketsymphonytranquilitypleasantFlag this QuestionQuestion 910 ptsAn example of an audition is...Group of answer choicesplaying the guitar in front of a band that you hope to join.reading a speech at a graduation ceremony in front of a large group of people.Flag this QuestionQuestion 1010 ptsguitar : pick xylophone : __________________Group of answer choicesmalletdrumnotespercussion The student's behavior is an example of what?O a violation of intellectual property rightsan online invasion of privacyinappropriate use of Internet sitesan incident of cyberbullying please help (stem changing verbs) Ill mark as brainliest to whoever can help me with these two questions!! :)) When should you get a vaccine On the morning of the sale, the store donated 50 pairs of shoes to a homeless shelter. Then they sold 64% of their remaining inventory during the sale. If the store had 288 pairs after the donation and the sale, how many pairs of shoes did they have at the start? how many shoes did they have at the start? what is #1-9 (in picture)??? Write one number as a fraction of another and please explain. Write an equation for the line in slope-intercept form.Please help ASAP!!! how does the election work What does Jack-si-Nah mean? Is 4 5/12 a rational number PLEASE ANSWER ASAP FOR BRAINLEST!!!!!!!!!!!!!!!! EASY QUESTION!!!!!!!!!!!!!!!!!!!!You are going to write a personal reflection on the topic of bullying. Even though this topic may make you feel uncomfortable because it will require you to admit to your own poor choices, it is always great to be reflective of our actions.In this personal reflection, you are to write about a time when you were unkind to someone else. You will identify the things that you did or said and then write about why you chose those actions at the time.Then, you are to write about how your actions or words may have made the other person feel. Finally, at the end of the reflection, you are to write out a better plan of action for how you could have handled a similar situation in the future. Given the graph of the function F(x) below, what happens to F(x) when x is avery small positive number?A. FX) is a very small positive numberB. F(x) is a negative number with a large absolute valueC. F(x) is a very large positive numberD. F(x) is a negative number with a small absolute value Find the next three terms of the following arithmetic sequencePlease help Did Roy Benavidez actions go beyond what a solider is expected to do? Explain Can someone please help me with this? which comparison does the ratio 20:21 represent?