Increased prices of fertilizers would bring a change in the price of a related (substitute) good.
The use of too much fertilizers in the crop increases the crop yields but decreases it's quality and thus the crops are available at a cheaper rate. On the contrary, when the fertilizers has increased, there would be lesser application of fertilizers with a good crop yield but an increased price of the related good too.
It is not profitable to utilise a pound of fertiliser when the price is higher than the anticipated increase in revenue from applying it to the field. Producers will be encouraged to use less fertiliser per acre because fertiliser prices have risen more than most crop prices.
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Answer and explanation:
Here is one of the key notes,
Even the Department of Defense recognizes that getting things done quickly now requires working around the system.
From the article it was stated that bureaucratic processes are agonizingly slow and this problem is being addressed by new defense department organization. These two organizations are the Defense Digital Service and Defense Innovation Unit Experimental.
The answer is true as it is a common business for entrepreneurs as a correlation between dollars earned and hours worked.
Answer:
Net loss $100,000
Explanation:
<em>The relevant cost for decision to accept the special order are
</em>
<em>I Incremental Revenue from the special order
</em>
<em>2. incremental variable cost</em>
<em>Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision</em>
<em />
Variable cost cost= 40 +10= 50
Sales revenue from the special order $
(45 × 20,000) 900000
Variable cost of the special order (50× 20,000) <u>(1,000,000 ) </u>
Net loss <u>100,000</u>
The answer to this question is 30/100*$50,000 = $15,000 remains on the balance sheet at the end of the year.
The $ 1200 paid for advertisement is not included in the cost of inventory.
<span>Cost of inventory=cost of inventory+ any other cost needed to get inventory in place of sale.</span>
