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stellarik [79]
3 years ago
9

A farmer grows squash in his 100 by 100 foot garden. He then sells the crop at the local farmers' market. Two summers ago, he wa

s able to produce and sell 1200 pounds of squash. Last summer, he tried a new fertilizer that promised a 50% increase in yield. He harvested 1900 pounds. Did the fertilizer live up to its promise?
Business
1 answer:
olasank [31]3 years ago
3 0

Answer:

Yes, the fertilizer lived up to its promise

Explanation:

New fertilizer promised 50% increase in yield

Initial yield = 1200 pounds of squash

Expected yield with new fertilizer = 1200 + (1200×0.5) = 1200 + 600 = 1800 pounds

Actual yield = 1900 pounds

Since the actual yield surpassed the promise yield of the fertilizer, it lived up to its promise

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It is most likely going to rise back up. Everybody has a down point at some point or time but they always rise back up!
4 0
3 years ago
A nurse who is a chronic complainer comes back from lunch 20 minutes late. When confronted by the manager, the nurse says, "The
allochka39001 [22]

Answer:

1. Policies must be consistently applied to all employees

Explanation:

In the given scenario, the nurse has justified her late coming by complaining about the other nurses who smoke also comes late and hence the manager's major consideration before replying must be based on that the policies must be consistently applied to all employees.

3 0
3 years ago
Which method of depreciation results in periodic depreciation expense that fluctuates from one period to the next, not necessari
aleksley [76]

This is a depreciation method based on units of production.

The formula for this method is:

(original cost of equipment - salvage value) / number of units expected during useful life

6 0
3 years ago
"A new machine, with a 4-year life, has an initial cost of $1,200 and annual costs of $380. The equivalent annual cost of this m
Oksana_A [137]

Question

A new machine, with a 4-year life, has an initial cost of $1,200 and annual costs of $380. The equivalent annual cost of this machine is best described as the"

Assuming an interest rate of 10%

Note the interest rate was added by the tutor

Answer:

Equivalent Annual cost =  $758.56

Explanation:

The equivalent annual cost is the present value of cost of the new machine divided by the annuity factor.

PV of annuity cost = A× 1- (1+r)^(-n)/r

                          A- 380, r- 10% n- 4

PV of annual cost = 380 × (1- 1.1^(-4))/0.1=1,204.55

PV of total cost = 1,204.55 + 1,200 = 2,404.55

Equivalent annual cost = PV of cost /Annuity factor

Annuity factor =(1- 1.1^(-4))/0.1 = 3.1699

Equivalent Annual cost = 2,404.55 / 3.1699 = $758.5649

Equivalent Annual cost =  $758.56

8 0
4 years ago
If the cross-price elasticity of two goods is negative, then the two goods are a. inferior goods. b. normal goods. c. complement
Solnce55 [7]

Option C. If the cross-price elasticity of two goods is negative, then the two goods are <u>complements.</u>

<u></u>

<u></u>

<u></u>

What is Cross-Price Elasticity?

  • Cross-price elasticity measures how sensitive the demand of a product is over a shift of a corresponding product price.
  • Often, in the market, some goods can relate to one another.
  • This may mean a product’s price increase or decrease can positively or negatively affect the other product’s demand.
  • A price increase of a complementary product will lead to lower demand or negative cross-price elasticity, and a price increase in a substitute product will lead to increased demand or a positive cross-price elasticity.
  • Unrelated products have zero cross-price elasticity.
  • For substitute products, an increase in the price of a substitute product increases the demand for the competing product.
  • This is often because consumers always try to maximize utility.
  • The less they spend on something, the higher the perceived satisfaction.

To know more about cross- price elasticity , refer:

brainly.com/question/15308590

#SPJ4

4 0
2 years ago
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