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marusya05 [52]
3 years ago
11

Assume that the market for barley is in equilibrium and the demand for barley is inelastic. Predict what happens to the revenue

of barley farmers if a prolonged drought reduces the supply of barley. The drought will cause farm revenue to
Business
1 answer:
ipn [44]3 years ago
8 0

Answer:

Farm revenue will rise due to due to percentage increase in price and percentage decrease in the quantity.

Explanation:

As given in the inquiry the market for barley is in harmony and the interest for grain is inelastic which implies the interest is consistent likewise If the dry season decreases the inventory of amount, the cost will increase.  

In such situation the <u>drought will make the ranch income rise</u> in light of the fact that the rate decline the amount sold is less that the rate increment in cost.

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As capital investment levels off, business spending decreases and leads to a possible contraction in the economy.
iris [78.8K]
It is a true statement that as capital investment levels off business spending decreases and leads to a possible contraction to the economy. The correct option among all the options that are given in the question is the first option. I hope that this is the answer that has actually come to your help.<span>

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8 0
4 years ago
The original cost of a product is 75$. Inflation for the first year is 8 percent; for the second year, inflation is 10 percent.
jonny [76]

Answer:

Answer 25 questions from  an A,B

Explanation:

4 0
3 years ago
Sylvia's annual salary increases from $100,500 to $109,500. Sylvia decides to increase the number of vacations she takes per yea
Tasya [4]

Answer:

Ei=3.33

Normal good

Explanation:

SOLUTION

Using the midpoint method to calculate her income elasticity

Ei=(Q2-Q1) /(I2-I1)*(I2+I1)/(Q2+Q1)

Q2=4 I2=109,500

Q1=3 I1=100,500

Ei=(4-3)/(109,500 - 100,500) *(109,500+100,500)/(4+3)

Ei=1/9000*210,000/7

Ei=3.33333333

Approximate to two decimal places

Ei=3.33

8 0
3 years ago
A rectangular area is to be enclosed and divided into thirds. The family has $400 to spend for the fencing material. The outside
kirill [66]

Answer: The dimensions that will maximize the area enclosed is 100/3 feet sq.

Explanation:

A rectangle has a width and a length.

Taking W as Width and L as Length

Area = W x L

Draw a rectangle and divide it into 2/3 with two lines parallel with the width.

The outside fence perimeter ia given as 2 W + 2 L, while the inside fence length will be 2 W

Therefore, the total cost is gotten as:

[2 W + 2 L] x $10 + 2 W x $20 = $400

Open the bracket,

= 20 W + 20 L + 40 W = $400

= 60 W + 20 L = 400

Make L the subject of formula by dividing both sides by 20,

= 60 W / 20 + 20 L / 20 = 400 / 20

= 3 W + L = 20 ------Equation A

In order to make L the subject of formular still, you will subtract 3 W from both sides of equation A,

3 W + L - 3 W = 20 - 3 W

L = 20 - 3W ----------Equation B

Since Area of a rectangle = W x L, and L = 20 - 3W. Then substitute 20 - 3W as L in the equation below,

= W x ( 20 - 3W )

Open the bracket,

= 20 W - 3 W²

1st derivative:

dA / dW = 20 - 3 x 2 x W

= 20 - 6 W

Assume dA / dW = 0

20 - 6 W = 0

20 - 6 W + 6 W = 0 + 6 W

20 = 6 W

Make W the subject of formula

W = 20/6

We can rewrite it as

W = 2 x 10 / ( 2 x 3 )

So W = 10 / 3

W = 10 / 3 feet

NOTE:

A function has a local maximum or minimum if 1st derivative = 0.

If 2nd derivative < 0 then function has a maximum, but if 2nd derivative > 0 then function has a mimum.

However, 2nd derivative = -6 here, which means function has a maximum.

For W = 10 / 3 feet,

L = 20 - 3W

= 20 - 3 x 10 / 3

= 20 - 10

= 10 feet

The dimensions that will maximize the area enclosed = the Maximum,

It is gotten as:

W x L = 10 / 3 x 10

= 100 / 3 feet sq.

8 0
3 years ago
An investor purchases a share of stock today for $27.50 and holds it for a year. During the year the stock pays $4.50 in dividen
marysya [2.9K]

Answer:

Dividend yield = 16.3636%

Explanation:

As for the information provided:

Dividend yield = $4.50

And that amount is earned on the investment amount of $27.50.

The current price as stated in the formula is on which you receive the dividend.

Dividend yield = \frac{4.50}{27.50} \times 100 = 16.3636%

As the selling price is the price at which the investment in shares is sold.

That the difference in between the selling price and the price at which it is purchased is capital gain.

4 0
3 years ago
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