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3 years ago

If an efficient quantity of soybeans are produced and sold in the US market, then the market price of soybeans will be equal to:

Business

1 answer:

enyata [817]3 years ago

4 0

Answer:

d) A and B are both correct.

Explanation:

Efficient quantity of soybeans is a quantity supplied to the market at which the price the supplier of soybeans is ready to take is what the customers are ready to pay. This happens mostly when the market is experiencing a stable equilibrium to a certain degree in the soybean market, that is a state of rest. The supply price is, its marginal cost and demand price is the marginal benefit of an additional unit.

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How would you respond to the argument that it is impossible to judge how successful a project like this one would have been unle

ANTONII [103]

Answer:

Explain forecasting

Explanation:

This implies that I will have to let the other person know that it possible to judge how successful a project would be by doing what is called forecasting.

Forecasting allows one to project to a reasonable extent what the success level of a project would be, especially in terms of it's revenue, overall expenses before the project is carried out. A good forecasting tool is Forecast web application which provides future estimates of budget and task duration.

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4 years ago

You have a choice of whether to lease or buy a location. You can lease it for $3,500 per month or buy it for $1 million. A bank

tatyana61 [14]

Answer:

monthly mortgage interest is less than monthly lease cost

Explanation:

4% of 1000000

= $40,000 per year

Per month: 40000/12

= %3,333.33

Monthly mortgage interest is less than monthly lease cost

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3 years ago

Read 2 more answers

Suppose that at some point the spot exchange rate is equal to 100 yen per one u.s. dollar, while the interest rate in dollars is

ycow [4]

Answer: A 95.3 yen per dollar

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3 years ago

When considering an external environment with a high level of resources and low degree of uncertainty, managers are most likely

MakcuM [25]

Answer:

Managers are most likely to use detailed rules, SOPs( standard operating procedures), and restrictive norms to govern employees activities.

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4 years ago

Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information ab

ziro4ka [17]

Answer:

Equivalent Units 14,380

Explanation:

Beginning units 850 x (1-.6) = 340

Started Units during July 15,000

Ending Inventory 1,600(1-.4) (960)

Equivalent Units 14,380

Reasoning

We have to complete the beginning WIP which are laking 40% (1-0.6)

We start doing 15,000 units.

We left 1,600 units at 60% undone (1-0.4)

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3 years ago