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Usimov [2.4K]
3 years ago
5

A farmer plans to plant two crops, A and B. The cost of cultivating Crop A is $40/acre whereas the cost of cultivating Crop B is

$60/acre. The farmer has a maximum of $7400 available for land cultivation. Each acre of Crop A requires 20 labor-hours, and each acre of Crop B requires 25 labor-hours. The farmer has a maximum of 3300 labor-hours available. If she expects to make a profit of $170/acre on Crop A and $210/acre on Crop B, how many acres of each crop, x and y, respectively, should she plant in order to maximize her profit?
Business
1 answer:
laila [671]3 years ago
3 0

Answer:

We will plant 165 of Crop A

Explanation:

We will compare the marginal contribution for each crop:  A   B

Profit:                170.00     210

cost of cultivating:  40.00       60

CM per constrain      4.25            3.50

Crop A is better regarding cultivating cost.

Now we analize the labor hours:

Profit:                      170     210

Labor hours per crop 20       25

CM per constrain      8.50       8.40

Because Crop A is better at both constrain resource It will be better to plant only Crop A if possible. As assigning to Crop B will diminish the return on the scarce resourse.

We will see how much can we plant of Crop A

7400 / 40 = 185

3300 / 20 = 165

We will plant 165 of Crop A

which is the maximun we can plant at the given labor hours.

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Answer:

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Explanation:

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Answer:

A

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Assume today is December 31, 2019. Imagine Works Inc. just paid a dividend of $1.25 per share at the end of 2019. The dividend i
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Answer:

Value of stock = $47.99

Explanation:

<em>The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.</em>

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1    1.25× 1.15^1 × 1.095^(-1) =1.31

2    1.25× 1.15^2 × 1.095^(-2) = 1.38

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Present value of Dividend in Year 4 and beyond

This will be done in two steps

Step 1

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1.25× 1.15^3 × 1.06/(0.095-0.06)=57.57

PV in year 0 terms =

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Value of stock = $47.99

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Answer:

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Option b. Herfindahl-Hirschman index

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3 years ago
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