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PilotLPTM [1.2K]
1 year ago
13

the price of fertilizer has increased. how will this affect soybean production? a change in input prices b change in technology

c number of buyers in the market d change in the price of a related (substitute) good
Business
1 answer:
aksik [14]1 year ago
4 0

Increased prices of fertilizers would bring a change in the price of a related (substitute) good.

The use of too much fertilizers in the crop increases the crop yields but decreases it's quality and thus the crops are available at a cheaper rate. On the contrary, when the fertilizers has increased, there would be lesser application of fertilizers with a good crop yield but an increased price of the related good too.

It is not profitable to utilise a pound of fertiliser when the price is higher than the anticipated increase in revenue from applying it to the field. Producers will be encouraged to use less fertiliser per acre because fertiliser prices have risen more than most crop prices.

To know more about fertilizers, refer to the following link:

brainly.com/question/27428418

#SPJ4

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Why is investing important in an economy?
zheka24 [161]

Investing is important to make the cash flow of the economy.

Explanation:

The most vital component of a growing economy is the cash flow.

If the cash is not flowing from one business and one hand to another the economy is bogged down and then a slowdown occurs all across with a ripple effect.

Investments constantly bring capital in for the companies that are then able to spend that investment and to bring more and more money into the cash flow of the economy thus strengthening the circulation and creating growth.

This growth is what ultimately results in the growth of the whole economy.

8 0
4 years ago
What is the relationship between the business and the supplier??​
makkiz [27]

This is a very broad question.

There are lots of relationships between business and supplier, but basically the supplier provides the resources for the business to perform its business function.

8 0
3 years ago
A monopolist is producing a level of output at which price is $65, marginal revenue is $35, average total cost is $35, and margi
velikii [3]

Answer: Produce less.

Explanation:

Given that,

Price = $65

Marginal revenue = $35

Average total cost = $35

Marginal cost = $50

From the information given, it was observed that marginal revenue is not equal to marginal cost. The profit maximizing condition for a monopolist is at a point where marginal revenue is equal to the marginal cost.

But here marginal cost is greater than the marginal revenue. So, the monopoly firm should produce less output in order to reduce the marginal cost.

5 0
3 years ago
To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old toda
eimsori [14]

Answer: Please refer to Explanation

Explanation:

1) You want to have $2 million when you are 65 which is 35 years from now. The interest rate is 5% and you need to know how much to deposit per year to get to that level. The $2 million is therefore the future value of your contributions which makes this an Annuity.

To calculate for the Annuity amount use the following formula,

FV of Annuity = Annuity ( ( (1 + i)^ n -1 )/ i )

2,000,000 = A ( ( ( 1 + 5%) ^ 35 -1 ) / 5%)

2,000,000 = A ( (1.05^35 -1 )/5%)

2,000,000 = A (90.3203074)

A = 2,000,000/90.3203074

A = $22,143

You should set aside $22,143 every year.

2) The major flaw in the calculation is the assumption that the interest rates will remain the same over the 35 years. This is almost impossible and will affect the amount that would need to be deposited every year to achieve the target. If the interest rate should increase then it will increase the amount that you are to get meaning you can get more than $2 million then you would not have to deposit as much to get to $2 million. If it decreases however, you will have to deposit more to get to the required $2 million because the amount earned in interest will not enable you to get to $2 million in that timeframe. .

3 0
3 years ago
A successful web-based strategy that helps a business spread the word about its website and products is called ____________. A.
castortr0y [4]

Answer:

D. affiliate marketing.

Explanation:

It's a successful strategy for advertising products.

5 0
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