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fgiga [73]
3 years ago
7

Scientists have modified feed corn genetically, increasing its resistance to insect pests. Farmers who tried out the genetically

modified corn last season applied less insecticide to their corn fields and still got yields comparable to those they would have gotten with ordinary corn. Ordinary corn seed, however, costs less, and what these farmers saved on insecticide rarely exceeded their extra costs for seed. Therefore, for most feed-corn farmers, switching to genetically modified seed would be unlikely to increase profits.
Which of the following would it be most useful to know in order to evaluate the argument?
(A) Whether there are insect pests that sometimes reduce feed-corn yields, but against which commonly used insecticides and the genetic modification are equally ineffective
(B) Whether the price that farmers receive for feed corn has remained steady over the past few years
(C) Whether the insecticides typically used on feed corn tend to be more expensive than insecticides typically used on other crops
(D) Whether most of the farmers who tried the genetically modified corn last season applied more insecticide than was actually necessary
(E) Whether, for most farmers who plant feed corn, it is their most profitable crop
Business
1 answer:
frosja888 [35]3 years ago
4 0

Answer:

D) Whether most of the farmers who tried the genetically modified corn last season applied more insecticide than was actually necessary

Explanation:

In order to evaluate this argument, we must first determine the cost equation for corn farmers:

profit = revenue from corn - total costs of producing corn

the total costs of producing corn include coth the price of seeds and pesticide.

Since the price of the seeds is much higher, it can only be offset if the amount of pesticide used was lower. But did the farmers that participated in the research study used the correct amount of pesticide during the last years would be crucial to determining the real impact of the new genetically modified seeds. If the farmers used too much pesticide in the previous years just in case, would mean that the actual use of pesticide should have been less and the costs increase when using the new seeds.

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A company enters into a short futures contract to sell 25,000 units of a commodity for 950 cents per unit. The initial margin is
Ksju [112]

Answer:

$958

Explanation:

The amount that is excess in the initial margin account can be withdrawn. So we calculate the price increase that will result in a $2000 increase in initial margin.

The present price per unit of the commodity is 950 cents for 25,000 units

A unit increase of the price (which is in cents) will be 1/100= 0.01

Therefore an increase in price of 0.01 will lead to gain of 0.01 * 25,000= $250

Let's get price increase that will result in $2,000 gain

$250 = 1 unit price increase

$2,000 = x

x= (2000 * 1) ÷ 250= 8 units increase

Therefore the price at which $2,000 can be withdrawn is 950 + 8= 958 cents

8 0
3 years ago
ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month therea
adelina 88 [10]

Answer:

13.33

Explanation:

We have to write 2 equations to set equal to each other.

The first one will look like this:

200x + 5,000

The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.

The second equation will look like this:

50x + 7,000

The project begins at $7,000 and grows by $50 every month so the x will go with the 50.

Now, set them equal to each other

200x + 5,000 = 50x + 7,000

Solve

150x + 5,000 = 7,000

150x = 2,000

x = 13.333

Therefore, in the thirteenth month the project will breakeven.

<em>Hope this helps!!</em>

<em>- Kay :)</em>

4 0
3 years ago
Overcharging Medicare for care and services provided to patients is an example of Behavior
USPshnik [31]

Overcharging Medicare for care and services provided to patients is an example of abusive behavior. It's illegal to overcharge for service provided to a patient. When care is overcharged, they are absusing the system by trying to get more money out of a patient or insurance company.

5 0
3 years ago
It has been proposed that natural monopolists should be allowed to determine their profit-maximizing outputs and prices and then
Fudgin [204]

Answer:

This proposition isn't socially alluring. On the off chance that regular monopolists are permitted to decide their benefit amplifying yields and costs, at that point the yield of the common monopolist would in any case be at the problematic level where cost surpasses minor expense, demonstrating an under-designation of assets to the item.  

It would be progressively alluring to constrain the normal monopolist to charge a value equivalent to minor cost and sponsor any misfortunes. Reasonable return valuing, that is, setting value equivalent to Average Total Cost would be an improvement over this proposition. The imposing business model firm could gain ordinary benefit by settling on reasonable return valuing proposition.

8 0
4 years ago
The declaration, record, and payment dates in connection with a cash dividend of $54,000 on a corporation's common stock are Oct
kiruha [24]

Answer:

October 1

Dr Cash Dividend $54,000

Cr Dividend payable $54,000

November 7

No entry

December 15

Dr Dividend payable $54,000

Cr Cash $54,000

Explanation:

Preparation of the amount journal entries

October 1

Dr Cash $54,000

Cr Dividend payable $54,000

November 7

No entry

December 15

Dr Dividend payable $54,000

Cr Cash $54,000

6 0
3 years ago
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