Ask Question
16 August, 08:02

What would tortilla manufacturers have needed to do in order to make the same profit

+5
Answers (2)
  1. 16 August, 08:07
    0
    This is the full question:

    Consider this scenario. During the early 2000s, the Midwestern United States experienced a drought, or lack of rainfall. This ruined large amounts of the corn crop. Tortillas, which are made from corn, became more expensive to make. What would tortilla manufacturers have needed to do in order to make the same profit?

    Answer:

    increase the price of tortillas

    Explanation:

    To put in simply:

    Profit = Total sales - Total expense

    Total sales : Quantity sold x Selling price.

    From the excerpt, we know that the total expense for the tortillas is increased because of the drought.

    Because Profit = Total sales - Total expense

    the manufacturer need to increase its total sales in order to get the same amount of profit.

    They can either do this by increasing the price of the product or increasing the quantity sold. But since expensive materials is what caused the problem to begin with, it is very hard for the company to increase the quanitty sold. increasing the price of tortillas is a more logical approach
  2. 16 August, 10:54
    0
    A. Increase the price of tortillas.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What would tortilla manufacturers have needed to do in order to make the same profit ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers