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Vlad [161]
3 years ago
15

On a 100-acre farm, a farmer is able to produce 3,000 bushels of wheat when he hires 2 workers. He is able to produce 4,400 bush

els of wheat when he hires 3 workers. Which of the following possibilities is consistent with the property of diminishing marginal product?
a. The farmer is able to produce 5,600 bushels of wheat when he hires 4 workers.
b. The farmer is able to produce 5,400 bushels of wheat when he hires 4 workers.
c. The farmer is able to produce 5,200 bushels of wheat when he hires 4 workers.
d. Any of the above could be correct
Business
1 answer:
Daniel [21]3 years ago
4 0
12. Which of these was a criticism of Bush's No Child Left Behind Act?
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Which of the following correctly lists marketing​ intermediaries? A. ​Resellers, physical distribution​ firms, customer​ markets
jarptica [38.1K]

Answer:

C. ​Resellers, physical distribution​ firms, marketing services​ agencies, and financial intermediaries

Explanation:

Marketing Intermediaries refers to those agents that moves the goods from the producers to the end-users and includes: agents, wholesalers and retailers; marketing services agencies; physical distribution companies; and financial institutions.

Marketing Intermediaries may also be referred to as Middlemen.

There are various categories of marketing intermediaries namely: agents, wholesalers, distributors, and retailers.

3 0
4 years ago
Two countries are trying to decide which product should have an increased production Both Canada and Costa Rica produce cottee a
Vikentia [17]

Answer:

. a comparative advantage with com.

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.

If it is easier for Canada to produce Com, it means they have a comparative advantage in the production of com. Costa Rica has a comparative advantage in the production of coffee.

I hope my answer helps you

3 0
4 years ago
On March 14, Zest Co. accepted a 120-day, 6% note in the amount of $5,000 from AZC Co., a customer. On the due date of the note,
egoroff_w [7]

Answer:

Note = $5,000

Interest rate = 6%

Time period = 120 days

The journal entry is as follows:

On July 12,

Account receivable A/c     Dr. $5,100

To Notes receivable                            $5,000

To Interest revenue                       $100

(To record note dishonor)

Workings:

Interest revenue = $5,000 × 0.06 × (120÷360)

                            = $100

4 0
4 years ago
Item 35Item 35 You expect to receive $4,100 upon your graduation and will invest your windfall at an interest rate of 0.63 perce
Arada [10]

Answer:

It will take 11.7 years to reach the objective

Explanation:

Giving the following information:

PV= $4,100

FV= $5,500

i= 0.0063

n= ?

To calculate the time required to reach the future value, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)

n= ln(5,500/4,100) / ln(1.0063)

n= 46.78

in years= 46.78/4= 11.70

It will take 11.7 years to reach the objective

4 0
3 years ago
Asset retirement obligations:
koban [17]

Answer:

The correct answer is D

Explanation:

ARO stands for Asset retirement obligations, it is a legal obligation which is linked or associated with the retirement of the tangible as well as long lived asset in which the method of the settlement could be conditional on the future event.

So, these are the liabilities linked with the long term asset restoration, evaluated at the fair value in the balance sheet and also increase the balance in the related account of asset.

5 0
3 years ago
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