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2 years ago

How do corn products enter into the production of food what is the primary corn product used?

1 answer:

6 0

Corn products are used in the production of food as a result of regulations with in Federal Agriculture Improvement and Reform 1996 Act that allow farmers to choose the crops they want to cultivate.

<h3>Corn production and evolution;</h3>

The main feed grains are oats, barley, sorghum, and corn. With more than 95% of all feed grain use and production in the United States going to corn, it is the most important feed grain.

Corn is farmed on more about 90 acres of land, with the Heartland region producing the largest of the commodity.
The majority of the harvest is employed as the primary source of energy in animal feed.
A wide range of food and commercial items, such as starch, sugars, corn oil, drinking and commercial alcohol, and fuel ethanol, are also made from corn.
Higher yields resulted from advancements in technology (seeded varieties, fertilizers, herbicides, and machinery), as well as in production techniques, which led to an increase in corn production over time.
Increasing corn prices and incentives on producers to expand corn acreage are the results of a strong demand towards ethanol production.
By altering the corn and soybean crop rotations, farmers have frequently expanded corn area while lowering soybean plantings.

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Suppose that Italy and Austria both produce fish and shoes. Italy’s opportunity cost of producing a pair of shoes is 5 pounds of

Alexus [3.1K]

Answer:

Section 1..... Italy has a comparative advantage in the production of shoes, and Austria has a comparative advantage in the production of fish.

Section 2.... 5 pounds of fish, ; 1/10 pairs of shoes

Section 3..... A and C.

Explanation:

The comparative advantage is known to be a term that is in use in the economic world,where a country or company has the ability of producing goods at extremely lower cost compared to that of its partners or competitors.

This is very important because, the country or company will be able to produce its goods by making use of fewer resources.

And thereby gives the country or company an edge in selling its goods at a reasonable lower price when compared with that of its competitors.

In this case, it is summarized or concluded that, Italy has a lower opportunity cost of producing shoes. So, Italy has a comparative advantage in shoes and Sweden has a comparative advantage in fish.

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3 years ago

Hathaway, Inc., a resort management company, is refurbishing one of its hotels at a cost of $7.8 million. Management expects tha

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The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

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4 years ago

Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer

valina [46]

Answer:

a. Cost of goods sold = Sales - Gross profit

Cost of goods sold = $12,755,000 - $5,359,700

Cost of goods sold = $7,395,300

b. Direct Material Cost = Materials purchased - Indirect materials - Materials inventory

Direct Material Cost = $4,251,600 - $185,500 - $298,900

Direct Material Cost = $3,767,200

c. Direct labor cost = Total manufacturing costs for the period - Direct materials cost - Other factory overhead - Indirect labor

Direct labor cost = $8,122,000 - $3,767,200 - $834,900 - $422,600

Direct labor cost = $3,097,300

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3 years ago

Jack Dossey wears socks of two colours - Yellow and Orange. He has altogether 20 yellow socks and 20 orange socks in a drawer. S

hram777 [196]

The answer is 50/50.

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3 years ago

A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near

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Answer:C. $50,000

Total revenue would be $300,000. Total cost would be $250,000 (fixed = $50,000; variable = $200,000).

Explanation:

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3 years ago