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Maksim231197 [3]
2 years ago
9

Farmer Brian has 3 acres of land which he farms efficiently. Each acre can support 10 apple trees. However the 3 acres differ in

their ability to support orange trees. He can grow 30 orange trees on the best land, 20 orange trees on the ok land, and 10 orange trees on the bad land. If he initially has all is land growing apples, what would be the opportunity cost of growing an orange tree
Business
1 answer:
Stella [2.4K]2 years ago
7 0

Answer:

According to the question, the 3 acres of land can support 10 apple trees irrespective of the land quality.

But there is an issue in cultivating orange trees because it requires some land of good quality for better production results.

Opprtunity cost is sacrifying return from one project to attain the return from the another project.

This means opportunity cost of growing 30 orange tree on the best land is 30 apple tree, growing 20 orange trees on ok land is 30 apple tree and growing 10 orange trees on bad land is also 30 apple trees.  

So from the opportunity cost scenario, it is better to cultivate orange only if the price and land quality is best otherwise, apple trees are the best option here.

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3 years ago
When bonds are sold at a premium and the effective interest method is used, at each interest payment date, the interest expense:
Alex73 [517]

Answer:

decreases

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3 years ago
A lack of the resources needed to go into producing goods and services is called what
kotykmax [81]
Goods service resources
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2 years ago
Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, decep
Flauer [41]

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, deceptive, and unethical. this is an example of issues related to Ethics in product strategy.

This is further explained below.

<h3>What is competitive pressure?</h3>

Generally, In most cases, the term "competitive pressure" refers to a circumstance in which a business is put under stress as a result of the presence of other businesses in its industry.

Typical examples of it may be found in all types of economies, with the exception of monopolistic economies.

The demand and supply dynamics of a certain market or sector are very important considerations for any business.

The concept of product ethics encompasses every aspect of a product, including the decisions made about its design and the use of technology.

Therefore, you should direct your development team to make judgments that are morally acceptable while they are creating and constructing the product.

It is important to discourage immoral activities such as the employment of dark patterns and to promote the use of technology that is peaceful.

In conclusion, Some businesses, in order to remain competitive in an increasingly cutthroat market, have resorted to dubious, misleading, dishonest, and immoral packaging and labeling tactics. This is an example of a problem that arises in product strategy that relates to ethics.

Read more about competitive pressure

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8 0
1 year ago
15pts-- multiple choice!
katrin2010 [14]
Answer: bonds
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(not 100% sure on answer but I believe it is bonds)
6 0
3 years ago
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