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fiasKO [112]
3 years ago
10

Maggie and her family run a 600 acre farm in the Brazos Bottom. Her two crops are corn(x) and cotton(y). The farm’s revenue func

tion is 280x +200y + 10x2 + 4y2 - 2xy. What is Maggie’s optimal crop mix and what will her total revenue be? What is the value of lambda? What does lambda mean for Maggie? If the average total costs are $2000 per acre, what is the farm’s total profit?

Business
1 answer:
enot [183]3 years ago
8 0

Answer:

Explanation:

the picture attached shows all the explanation needed

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The partners in the biz partnership have agreed that partner mandy may sell her $100,000 equity in the partnership to brittney,
Ivahew [28]

Answer:

Mandy Capital                     A/c   Dr.  $100,000

Brittney Capital                  A/c    Cr.                     $100,000

Explanation:

Mandy selling $100,000 shares of assets, so we will report the transaction on the sale of stock by the amount of equity sold. Now, all parties will negotiate the price that one can sell to another for this equity valuation, which would be $85,000 in this case.

3 0
3 years ago
Handy Man, Inc., has zero coupon bonds outstanding that mature in eight years. The bonds have a face value of $1,000 and a curre
AnnZ [28]

Answer:

5.657%

Explanation:

Data provided:

Face value = $1,000

Current market price = $640

Time of maturity, t = 8 year

Now,

the compounding formula is given as:

Face value = Current amount × (1+\frac{r}{n})^{nt}

where,

r is the rate i.e pretax rate of debt

n is the number of times the interest is compounded i.e for semiannual n = 2

thus, on substituting the values, we get

$ 1,000= $ 640 × (1+\frac{r}{2})^{2\times8}

or

1.5625 = (1+\frac{r}{2})^{16}

or

(1+\frac{r}{2}) = 1.0282

or

r = 0.05657

or

pretax cost of debt = 0.05657 × 100% = 5.657%

3 0
3 years ago
when a person uses face-to-face presentations to promote goods and services, he is said to be using as a sales technique.
gulaghasi [49]

Personal selling is the face-to-face presentation and promotion of products and services.

<h3>What is personal selling?</h3>

Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.

<h3>What do you mean by sales technique?</h3>

A sales technique is a strategy of selling used by a company's sales team or a salesperson to close more deals and make more money. It's a tactic to improve a company's sales procedure. A sales methodology is adaptable and open to change once its efficacy has been tested through trials.

To know more about salesperson, visit:

brainly.com/question/951074

#SPJ4

6 0
1 year ago
Help help pelsss I need to pass thanks I’ll give points for honestly
hammer [34]
What is the scenario? You need that in order to answer.
5 0
2 years ago
A player in a game theoretic model is: a. anyone working for a firm that is operating strategically b. a firm that is operating
nadezda [96]

Answer:  c. a decision-making entity at a firm involved in a strategic game

Explanation:

In a theoretical game, there are two players that have to embark on different strategies such that they make the maximum payoff. This maximum payoff strategy is known as the dominant strategy.

These two players are the decision making entities in the firms that are competing in the game because they are the ones that decide how the firm should react and what strategy to use. For instance, the owners of the two bakeries down the street are the players because they control what either bakery will do.

3 0
3 years ago
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