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Alika [10]
3 years ago
11

All of the following statements about agriculture in market economic systems are true EXCEPT

Business
1 answer:
MAXImum [283]3 years ago
3 0

Answer:

B, In response to low crop prices and overproduction, it is being replaced by intensive subsistence farming.

Explanation:

A market economic system is one in which laws of demand and supply determine the production of goods and services. Agriculture in market economic systems is not being replaced by subsistence farming because subsistence farming is low scale farming that meets the needs of a family and as such is not affected by any laws of demand and supply as in commercial farming.

Cheers.

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Waterway Industries had net income for 2021 of $602000. The average number of shares outstanding for the period was 208000 share
bazaltina [42]

Answer:

Diluted earnings per share is $2.87

Explanation:

The extent to which the option would dilute the earnings per share to the extent of the difference between the option of price and the share market price.

The shares that are capable of dilute the earnings can be computed thus:

Market price-option price/market price*outstanding options shares

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($36-$30)/$36*12,600=2,100 shares

Diluted earnings per share=$602,000/(208,000+2100)=$2.87

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Answer:

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Hence, option b is correct

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3 years ago
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