Ask question

Ask question

All categories

zloy xaker [14]

4 years ago

12

Suppose farmers in a given market can either grow soy beans or corn on their land. in addition, suppose an increase in the deman

d for corn causes the price of corn to increase. all else equal, an increase in the price of corn creates an incentive for farmers to:

1 answer:

Korolek [52]4 years ago

3 0

Creates an incentice for farmers to grow more corn

You might be interested in

A company had net income of $210600. Depreciation expense is $27000. During the year, Accounts Receivable and Inventory increase

ANTONII [103]

Answer: The amount of cash provided by operating activities is $179,600.

Explanation:

<u>Statement of cash flows for the company</u>

Net income $210,600

Add Depreciation expense 27,000

Add Loss on sale of equipment 1,800

Increase in Accounts receivable (16,900)

Increase in Inventory (41,700)

Decrease in Prepaid expenses 5,000

Decrease in Accounts payable (6,200)

Cash flows fron operating activities $179,600

7 0

3 years ago

Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be incr

solmaris [256]

<span>((Current value - original value) / original value) x 100 = rate of return
</span><span>(( 1.65402- 1.62) / 0.157) x 100 = Original Value
</span>Original Value = $ 21.66
<span>

</span>

7 0

3 years ago

On March 15, 2015, Viking Office Supply agrees to accept $1,200 in cash along with a $2,800, 60-day, 15 percent note from R. Roy

ira [324]

Answer:

The Journal entry with their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

Cash Dr, $1,200

Notes Receivable Dr, $2,800

To Accounts Receivable -R. Roy $4,000

(Being office supply of Vikram is recorded)

Therefore for recording the office supply we simply debited cash and notes receivable and credited the accounts receivable

5 0

4 years ago

Scenario: Technological Progress and Productivity Growth in Techland In Techland, from 1980 to 2010, holding technology and huma

andre [41]

Answer:

The growth of the real GDP per capita was 7.18%

Explanation:

It is important to establish that:

Future Value = Present Value × ((1 + r)^t), given that <em>r</em> is the <em>interest rate</em> and <em>t</em> is the <em>time period</em>

Real GDP per worker increased from $40,000 to $320,000 in 30 years

Therefore, we have;

320000 = 40000*(1+r)^30

(1 + r)^30 = 8

1 + r = 8^1/30

1 + r = 1.0718

r = 0.0718 = 7.18%

8 0

3 years ago

Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance

ANTONII [103]

Answer:

a: 12.8%

Explanation:

Standard Deviation would be calculated with the probability approach since there is probability given in the question.

Formula of Standard Deviation and the solution is given in the pictures below.
Although ERR the required part to calculate Standard Deviation is calculated in the text.

Calculating ERR:

ERR= Sum of Probabilities × Rate of returns.

In our question = ERR= 0.2 × 30% + 0.5 × 10% + 0.3 × (-6%) = 0.128 = 12.8%

Thus, by putting all the values in the formula you will get the answer 12.8%.

4 0

4 years ago