Answer: $99,300
Explanation:
The cost of the land includes the actual purchase price and every expense incurred to get it ready for use.
These include;
= Cash price + Accrued taxes + Attorney fees + Real estate broker’s commission + clearing and grading
= 86,000 + 3,200 + 2,600 + 1,800 + 5,700
= $99,300
Answer:
$1,157 rounded to the nearest whole dollar
Explanation:
Agricultural marketing covers the activity of getting the an agricultural product from the fom to consumers
Answer:
ADVANTAGE
Increase wages for its members
Counterbalance Monopsony Power
Represent workers
productivity deals
DISADVANTAGE
Ignore non-members
create unemployment
Wage-inflation
lost productivity
Answer:
1. False
2. True
3. False
4. True
5. False
Explanation:
- This is because gains from trade come from specialization in one comparative advantage and self sufficiency can lead poor management of natural resources.
- gain from trade are only based on comparative advantage.
- because trades can benefit both parties when production is based on comparative advantage.
- it gives both parties a chance to consume at points outside their production capabilities.
- because countries open to trade tend to grow faster, innovate to improve productivity while providing more opportunities for the populace.