It will directly affect its market capital
Answer:
This profit equation is an equation of a parabola that opens downward (Since A=-0.07<0) and has its vertex at
Thus, revenue is maximized when x=250 hundred units. At this quantity maximum profit is
P(250)=3800.23 hundred dollars
b. Profits are maximised at x=250 hundred units. The per unit price at this is,
Answer:Return on Equity= 37.1%
Explanation:
According to the DuPont Analysis System,
Return on Equity = Leverage Ratio x Net profit margin x Total asset turnover
Return on Equity = 2.8 x 5.3% x 2.5
Return on Equity=0.371
Return on Equity= 37.1%
Answer:
b. Off-farm income is important to agricultural producers today.
c. Twenty percent of farmers produce 80% of the agricultural output in the food and fiber industry.
Explanation:
The food and fiber industry is divided into 4 main sectors:
- suppliers of farm inputs (including services and materials)
- farmers themselves (producers)
- processing and manufacturing of farm and fiber products
- marketing and distribution (wholesalers and retailers)
In the US, the food and fiber industry represents approximately 5.4% of GDP. It employs roughly around 21 million workers (including direct and indirect employment). The food and fiber industry is a net exporter, since it exports more than it imports. Currently, most farming value is concentrated on large farms, where smaller farms generally produce more livestock output while larger farms produce crops.
After WW2, there has been a tendency to substitute labor for capital, and to have more larger farms and less smaller ones.
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