A purely competitive wheat farmer can sell any wheat he grows for $20 per bushel. His five acres of land show diminishing returns because some are better suited for wheat production than others. The first acre can produce 1,000 bushels of wheat, the second 900, the third 800, and so on.How many bushels will each of the farmer's five acres produce? How much revenue will each acre generate? What are the TR and the MR for each acre?

Answers

Answer 1

Answer:

The answer is explained below.

Explanation:

a) The first hectare can produce 1,000 bushels of wheat, the second 900, the third 800, the fourth produce 700 and the fifth would produce 600 bushels.

b) The revenue = price per bushel × number of bushel.

First hectare = 1000 × $20 = $20000

Second hectare = 900 × $20 = $18000

Third hectare = 800 × $20 = $16000

Fourth hectare = 700 × $20 = $14000

Fifth hectare = 600 × $20 = $12000

3) The cumulative revenue at the nth farm = revenue at nth farm + revenue at (n-1) farm

Also The marginal revenue at the nth farm = cumulative revenue at nth farm - cumulative revenue at (n-1) farm

Acres       Q      P

rice           TR each acre          Cumm. TR           Marginal. TR

1             1000    $20            $20000                   $20000              $20000

2            900      $20            $18000                    $38000              $18000

3             800     $20            $16000                    $54000               $16000

4              700     $20            $14000                    $68000               $14000

5              600     $20            $12000                    $80000               $12000


Related Questions

Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the
business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?

Answers

3eyy1ggh mi y

1uj gyrju3hxif2 2x ce I I b I 6x9

We would need to set up a ratio or proportion.
3/10=x/51000
X=15,300, Julie
51,000-15,300
35,700, Kristen
70% is owned by Kristen

Can ah budget include donations to charities

Answers

Answer:

A common rule of thumb for budgeting for charitable donations uses the concept of the 50/30/20 split for your budget. The other portion is for your wants: About 30 percent of your budget goes into this category, which might include vacations, gifts, or date nights.

Hey everyone, I just thought you all should know that...
you are AMAZING
you are BEAUTIFUL
you are SMART
you are KIND
you are NOT going to give up on your FIGHT
and you better stay ALIVE!!! <33

Answers

Answer:

thanks lol

you too-

fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay

Answers

The answer is unemployment compensation :) hope this helps

Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration

Answers

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.

What is immigration?

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

Good governanceSecurityBetter living conditions.WorkJobsSocial amenities

What is a foreign direct investment?

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

l

Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Please post detailed answers to the following questions. Please use complete sentences.

You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?

Answers

Answer:

see below

Explanation:

Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.

Honesty and ethics are important in finance and business careers due to the following reasons

Asset Protection and Assurance

Finance and business professionals deal with sensitive information.  They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.

The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.

  2. Public Image and Brand Value Increases

Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.

3. Team Work develops:

Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.

An appreciation of the U.S. dollar against foreign currencies tends to __________ U.S. net exports and shift the U.S. AD curve to the __________. Group of answer choices raise; right raise; left lower; left lower; right

Answers

An appreciation of the U.S. dollar against foreign currencies tends to lower U.S. net exports and shift the U.S. AD curve to the left Group of answer choices raise; right raise; left lower; left lower; right

What is currencies ?

A medium of exchange for goods and services is money. In a nutshell, it's money, typically in the form of coins and paper, that has been issued by a government and is widely recognized as payment at face value.

Bartering as a method of exchanging goods and services was long ago supplanted by currency as the main medium of exchange in the modern world.

The virtual currency, often known as cryptocurrency, has entered the lexicon and world of commerce in the twenty-first century. Virtual currencies like Bitcoin and Ethereum do not have a physical form or official support in the US. They are exchanged and kept digitally.

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What days are BIM classes held?

Answers

Answer:

Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.

Have a Nice Day.

(Weighted average cost ofâ capital) Bane Industries has a capital structure consisting of percent common stock and percent debt. Theâ firm's investment banker has advised the firm that debt issued with a â$ parâ value, percent couponâ (interest paidâ semiannually), and maturing in years can be sold today in the bond market for â$. Common stock of the firm is currently selling for â$ per share. The firm expects to pay a â$ dividend next year. Dividends have grown at the rate of percent per year and are expected to continue to do so for the foreseeable future. What is â Bane's average cost of capital where the firm faces a tax rate of âpercent?

Answers

Bane Industries' weighted average cost of capital (WACC) is 3.0%.  

To calculate Bane's weighted average cost of capital (WACC), we need to consider the cost of both equity and debt. The cost of equity is calculated using the required return on equity (RoE), which is the expected return on the investment in Bane Industries' common stock. The cost of debt is calculated using the interest rate on the debt, which is the coupon rate of the debt and the firm's tax rate.

Assuming that Bane Industries' debt has a par value of $100 and a coupon rate of 6%, and that the firm's tax rate is 30%, the cost of debt is:

Cost of debt = (6% * 100) / (1 - 0.30)

= 6% / 0.7 = 9%

To calculate the weighted average cost of capital (WACC), we need to multiply the cost of equity by the percentage of common stock and the cost of debt by the percentage of debt. Assuming that Bane Industries' common stock represents 50% of the capital structure and that the debt represents 50%, the WACC is:

WACC = (0.5 * RoE) + (0.5 * (9% * 50%))

= (0.5 * (6% / 2) + 0.5 * (9% * 50%))

= 3.0%

Therefore, Bane Industries' weighted average cost of capital (WACC) is 3.0%.  

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The number of seats a table can have is usually expressed as the number and the word "top". You can have 17, 4-top tables, 28, 2-top tables, 15, 6-top tables and 5, 10-top tables. How many can your restaurant seat?


A) 244 seats

B) 264 seats

C) 288 seats

D) None of the above

Answers

Answer:

B) 264 seats

Explanation:

'Top' is the number of seats per table.

17 tables with 4 seats will have

17 x 4 = 68 people

28 2-top tables

28 x 2 =56 seats

15, 6-top tables

15 x 6 =90 seats

5, 10-top tables.

5x10 = 50 seats

Total number of people who can seat

= 68 + 56 +90 +50

=264 seats

Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form

Answers

Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.

What is the rationale for the above response?

Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.

If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.

The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.

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What are the 6 types of flexibility?

Answers

Static stretching is probably everyone's least favorite way to stretch – it is basically just holding a stretch, no movement , Active Static Stretching, Isometric Stretching, Facilitated/PNF Stretching, Dynamic Stretching and finally Ballistic Stretching.

What is Dynamic Stretching?Dynamic stretches are active movements where joints and muscles go through a full range of motion. They can be used to help warm up your body before exercising.Dynamic stretches can be functional and mimic the movement of the activity or sport you’re about to perform. For example, a swimmer may circle their arms before getting into the water.Dynamic stretches can also be a series of movements to get the body moving before any type of exercise. Some examples include trunk twists, walking lunges, or leg swings against a wall.Dynamic stretches are meant to get the body moving. The stretches aren’t held for any length of time. Dynamic stretches include movement, such as lunges with a torso twist.

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Unrelated business income (UBI): a.includes unrelated income from an activity where all the work is performed by volunteers. b.is not created if the activity results in a loss. c.is 100% taxable on the exempt organization's tax return. d.excludes income from the research of a college or hospital.

Answers

Answer:

dmdmdmdmsmqmmfdmmam

Explanation:

memmmcl

Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?

In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.

Answers

Answer:

A process layout groups similar activities together according to the functions they perform.

Explanation:

Answer:

process

Explanation:

Plato/Edmentum

Why is Rent to Own a Rip Off?

Answers

Because you have to pay

how much is the total homestead exemption for a person who is 65 years of age whose household income does not exceed $20,000?

Answers

The total homestead exemption for a person who is 65 years of age and whose household income does not exceed $20,000 is $50,000.

This means that the property owner can reduce their taxable home value by $50,000.

To qualify for this exemption, the applicant must be 65 years of age or older and their household income must not exceed $20,000 in the year of application. Additionally, the applicant must have owned and occupied the property as their primary residence for at least one year before the application date.

The applicant must also have filed their homestead exemption application with their county appraisal district. The exemption applies to all taxing jurisdictions, including city, county, and school district taxes.

Once approved, the exemption will remain in place until the property is sold or the property owner no longer meets the age and income requirements.

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val-com inc. provides customer service support for a variety of industries. their brand name is well known, and as a service firm, it does not have to protect any proprietary technology. what mode of entry is most suitable for service companies like val-com inc. where its main asset is its brand name?

Answers

Service businesses like Val-Com Inc. are the best candidates for franchising.

What is franchising?

A marketing concept that can be used by an organization as a method of business expansion is franchising. Where applicable, a franchisor grants a franchisee a license to use all or part of its operational methods, intellectual property, business model, brand, and rights to market and sell its branded goods and services. In exchange, the franchisee agrees to pay certain fees and adhere to specific requirements, usually outlined in a franchise agreement.

Particularly in the normal setup where the franchisee is an individual, unincorporated partnership, or small privately-held business, franchising is rarely an equal partnership because this will assure the franchisor has significant legal and/or financial advantages over the franchisee.

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When Electra produced its bikes in Taiwan, did the company have to follow the laws of Taiwan or the laws of the United States?

Answers

The company is required to comply with all applicable laws in both Taiwan and the United States because it operates in two distinct nations.

What is Taiwan's law?

Legal Structure: Civil Law: The System of Law Taiwan is governed by civil law. Primary sources of law fall into three categories: laws, customs that fill in where laws don't, jurisprudence if neither laws nor customs apply, and public policy or morals.

Why does Taiwan matter to us?

Trade and investment, health, semiconductor and other critical supply chains, investment screening, science and technology, education, and advancing democratic values are just a few of the areas in which Taiwan has emerged as a significant U.S. partner. Over decades and administrations, the United States' approach to Taiwan has remained consistent.

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Pompeii, Inc., has sales of $53,000, costs of $24,200, depreciation expense of $2,550, and interest expense of $2,300. If the tax rate is 24 percent, what is the operating cash flow, or OCF

Answers

Answer:

$23,052

Explanation:

The computation of operating cash flow is shown below:-

Before that we have to determine the net income which is

Income statement

Sales $53,000

Cost ($24,200)

Depreciation ($2,550)

EBIT $26,250

Interest expense ($2,300)

Earnings before tax $23,950

Tax (5,748)

(24% × $23,950)

Net income $18,202

Now,

Operating cash flow = EBIT + Depreciation - Tax

= $26,250 + 2,550 - $5,748

= $23,052

which sector require joint or collaborative works in our communities​

Answers

Answer:

Collaborative working can last for a fixed length of time or can form a permanent arrangement. What these options have in common is that they involve some sort of exchange, for mutual advantage, that ultimately benefits end users.

Types of collaborative working

Separate organisations maintain their independence, but work jointly on some activities or functions

Organisations with resources or expertise offer assistance to other organisations, eg a large national organisation working with a small local group

A new organisation to do joint work on some activities or functions

A group structure where a 'parent' organisation governs a group of 'subsidiary' organisations

Merger to form a new organisation working as one body on all activities

Explanation:

Your brother has asked you to help him with choosing an investment. He has $5,000 to invest today for a period of two years. You identify a bank term deposit that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?

Answers

How to Apply the Rule of 72. According to the Rule of 72, $1 invested at a 10% yearly constant interest rate would increase to $2 after 7.2 years ((72/10) = 7.2). In reality, a 10% investment will double in 7.3 years ((1.107.3 = 2)).

How much entertainment, compounded annually, would it take to double a fund in six years?

You may also calculate it backwards: divide 6 by 72 to get that a hobby charge of roughly 12 percent will be needed if you want to quadruple your money in six years.

What hobby costs how much per year if you want to double your money in three years?

How to Apply the Rule of 72. For instance, the Rule of 72 stipulates If you want to double your money in three years, your investments must provide annual returns of between 21% and 24% (72/3 years). Similar to this, if you want to double your money in five years, your assets must grow at a rate of about 14.4% per year (72/5).

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Today's theories about motivation emphasize the importance of factors within the individual particularly the variables of expectancy and value Students' motivations are strongly influenced by what they think is important (value) and what they believe they can accomplish (expectancy). Who quote is this?

Answers

What students value and what they believe can accomplish have a significant impact on their motivation expectancy. This quote comes from the philosophy of motivation.

What motivational ideas does the expectancy-value theory put forth?

The relationship between a student's expectation for success at a task or the achievement of a goal in relation to the value of task completion or goal attainment is described by the expectancy-value theory, which is a theory of motivation. A student's expectation for success on a particular activity is referred to as expectancy. Theoretical models of motivation nowadays place a strong emphasis on internal factors, particularly the variables of expectation and value.

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return outward journal entry​

Answers

Answer:

Supplier(Name)         A/c dr

To return outward     A/c

Explanation:

Journal entry​ for return outward

Date     Account Title and Explanation   Debit    Credit

              Supplier(Name)         A/c dr

              To return outward     A/c

Provide a description with examples of each form of multimedia (non-interactive, interactive, adaptive, and immersive) that has contributed to managing public awareness.

Answers

Multimedia refers to the use of various forms of media to convey information to an audience. Multimedia can be classified into four categories: non-interactive, interactive, adaptive, and immersive. The following are descriptions and examples of each form of multimedia that have contributed to managing public awareness:

Non-Interactive Multimedia: Non-interactive multimedia is static and does not allow the user to interact with it. It is often used in television broadcasts and print media such as newspapers, books, and magazines. Examples of non-interactive multimedia include images, photos, maps, diagrams, charts, and graphs.

Interactive Multimedia: Interactive multimedia is a dynamic form of multimedia that allows users to interact with it. Interactive multimedia can be found in websites, video games, and educational software. Examples of interactive multimedia include online quizzes, games, animations, videos, and simulations.

Adaptive Multimedia: Adaptive multimedia adjusts to the user's needs and preferences. It can be found in websites, educational software, and e-learning platforms. Examples of adaptive multimedia include personalized content, custom recommendations, and tailored courses.

Immersive Multimedia: Immersive multimedia is the most advanced form of multimedia that provides a realistic experience to the user. It can be found in virtual reality (VR) simulations, augmented reality (AR) apps, and 360-degree videos. Examples of immersive multimedia include VR games, AR apps, and 360-degree tours.

In conclusion, multimedia has played a significant role in managing public awareness. From non-interactive multimedia such as images and photos to immersive multimedia such as VR simulations and AR apps, multimedia has been used to convey information to the public in a variety of ways.

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The role of the forward FX contract is to offset the uncertainty regarding the future spot rate on a particular currency at the end of the investment horizon.


True or False?

Answers

True.

A forward FX contract allows an investor to lock in a future exchange rate for a specific currency, which helps to mitigate the risk of uncertainty surrounding the spot rate at the end of the investment horizon.

By entering into a forward contract, the investor can secure a known exchange rate and reduce their exposure to fluctuations in the currency market. However, it's important to note that forward contracts are not foolproof and there is still some risk involved.

Factors such as unexpected political or economic events can impact exchange rates, even if they are locked in through a forward contract.

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What subjects are required to become a real estate agent?

Answers

Answer:

this is ans:

Explanation:

Before you can take the real estate license exam, you will take classes in subjects like real estate fundamentals, real estate law, and mortgage financing. You can take these courses at a community college, state college, or university to earn a certificate, an associate degree, or a bachelor's degree in real estate.

What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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when the investment banker sells the new securities on commission without guaranteeing the sale of the whole issue, the process is called:

Answers

Without ensuring the sale of the entire issue, the investment banker sells the new securities on commission under the following circumstances: Best effort.

Investment banking refers to particular business operations of a financial services firm or corporate division that involve advisory-based financial transactions on behalf of private persons, public companies, and public authorities. Such a bank, which is more commonly linked with corporate finance, might help raise money by underwriting or serving as the client's agent in the issue of debt or equity instruments. An investment bank may also offer support services to businesses engaged in mergers and acquisitions (M&A), such as market-making, equities and derivatives trading, FICC services (fixed income instruments, currencies, and commodities), or research (macroeconomic, credit or equity research). Along with their businesses for investment research, the majority of investment banks continue to run prime brokerage and asset management divisions. The Bulge Bracket (highest tier), Middle Market (mid-level businesses), and Boutique Market categories make up the industry (specialized businesses). Investment banks don't accept deposits, in contrast to commercial and retail banks. The Glass-Steagall Act, which was passed in 1933, kept investment banking and commercial banking separate in the US until it was repealed by the Gramm-Leach-Bliley Act in 1999. G7 nations and other industrialized nations generally do not retain such a division. The Volcker Rule claims some institutional separation of investment banking services from commercial banking as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010).

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if aggregate demand is growing faster than long-run aggregate supply, the federal resrve is most liekly to

Answers

If aggregate demand is growing faster than long run aggregate supply, the Federal Reserve is most likely to -  sell securities on the open market.

What does the Federal Reserve simply do?

The Federal Reserve provides the USA with a secure, bendy, and strong financial and monetary device. The Fed's most important obligations include engaging in countrywide monetary coverage, supervising and regulating banks, maintaining economic balance, and supplying banking services.

Is the Federal Reserve part of the government?

The Federal Reserve Banks aren't part of the federal authorities, but they exist due to an act of Congress. Their cause is to serve the general public.

How effective is the Federal Reserve?

The U.S. primary banking gadget—The Federal Reserve, or the Fed—is the maximum effective economic institution within the USA, possibly the arena. Its core obligations include placing hobby quotes, managing the money supply, and regulating economic markets.

How does the Federal Reserve make money?

The Federal Reserve is not funded by means of congressional appropriations. Its operations are financed generally from the hobby earned at the securities it owns—securities obtained within the course of the Federal Reserve's open marketplace operations.

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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625
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