Answer:
C. $0.30/bu
Explanation:
Given that
Cash cost = $1.50/bu
Opportunity cost of labour = $0.30/bu
Opportunity cost of Land = $0.40/bu
Sales from corn = $2.50/bu
Recall that economic profits = Total income - Total expenses - opportunities cost
Therefore
Economic profits = 2.50 - 1.50 - (0.30 + 0.40)
= 2.50 - 1.50 - 0.70
= 0.30
Therefore, economic profits = $0.30/bu
<span>Sami must get involved in communicating between departments. He needs to set meetings so they can reach a joint goal and plan to get there. He needs to foster teamwork.</span>
If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is: (2) (2) (2) (four-fifths).
<h3>
Double amount of grapes</h3>
Given: Current amount of grapes=2 4/5=14/5
Double amount of grapes=2×14/5=28/5
Hence:
2(2)+(2) 4/5
=4+8/5
=28/5
The expression is: (2) (2) (2) (four-fifths) or 2(2)+(2) 4/5.
Therefore If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is: (2) (2) (2) (four-fifths).
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