Answer:
A. $250,000
Explanation:
Real farm income can be calculated by dividing Nominal income by CPI for calculation data is given in the question.
DATA
Price per bushel = $8
units produced in 2014 = 100,000
Expense = 300,000
CPI = 2
Solution
Nominal income in 2014 = 8x100,000
Nominal income in 2014 = $800,000
Farm income = nominal income - expenses
Farm income = 800,000 - 300,000
Farm income = $500,000
real income = nominal income / CPI
real income = 500,000/2
real income = $250,000
The answer to this question is a company website.
<span>UPS company uses its company website to show case their
business by stating their services, prices, and tracking of their shipments.
Company website is also known as a corporate site which is designed to promote business
and to give information to the public about the business. Corporate websites
have a homepage, about us section, and contact information like address of the
business and contact numbers.</span>
<span>It would be: $3 million ($10 million in cost less $7 million in payment)</span>
Answer:
correct answer is Option D
Explanation:
Option D - elastic, and the demand curve will be horizontal.
The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer
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