Answer:
a) the cost of production of Greengene's falls by $300 or more
b) there is no change in the cost of production
Explanation:
a) The leftover principle states that land rent equals the excess of total revenue over nonland costs. Mr. Greengene initial rent is already fixed at $500. The new method of growing cost of corn is now $300 per hectare. Lauren will continue to apply the leftover principle when collecting rent as long as the cost of production of Greengene's falls by $300 or more.
b) If Lauren decides to increase the rent to $800 when there is no change in the cost of production, she stands to lose Mr. Greengene as he will simply look for another land to rent from someone else. Therefore, Greengene's rent will be unchanged if there is no change in the cost of production.
Answer:
1) Lower interest rate
2) Devaluation of Local Currency Risk
Explanation:
1) The main reason why so many East Asian companies and banks borrow dollars, yen, and Deutsche marks instead of their local currencies to finance their operations is that the loans/finance obtained in the local currencies (from local financial institutions i.e. commercial banks, etc) carry a higher interest rate making the debt more costly than the foreign currency debt.
2) The major risk those companies are exposing themselves to is the devaluation risk of their respective local currencies against the foreign currencies, which eventually makes the foreign currency loans higher in terms of payment in the local currency.
Answer:
B, 29%
Explanation:
Dollar change in cost of goods sold = Current year cost of goods sold - Prior year cost of goods sold
Dollar change in costs of goods sold = $387,000 - $300,000 = $87,000
Percentage change in cost of goods sold = Dollar change in cost of goods sold / Prior year cost of goods sold
Percentage change in cost of goods sold = $87,000 / $300,000 = 0.29
What is this?? wut quiz are you talking about?
Answer:
a.) The Objective: To know the public opinion on the waste of the tax payer dollards
b). The population: Adults ages 18 years or older in a certain country
c). The sample: 1003 adults
d). Descriptive statistics:
36% (362 individuals) think that 51 cents or more is wasted out of every dollar that tax payers pay the goverment
36% ( 362 individuals) think that at least 51 cents are wasted out of every dollar that tax payers pay the goverment
Margin of error= 5%
Confidence level= 90%
Explanation:
A). The research main objective is extracted from the reasearch question. If researchers question is how many cents out of a dollar that tax payers pay adults think are wasted then the objective is to know that information.
B). The population is not the same as sample, the sample is the representative portion of the population, in this case the population are adults in the country.
C). the sample is 1003 adults from the country.
D. Descriptive statistics are included in the question.
The margin of error is a statistic that expresses the amount of random sampling error in the results of a survey.
A confidence level refers to the percentage of all possible samples that can be expected to include the true population parameter given the sample.
