Answer:
1. The most that the farmer would pay to rent 20 acre is $100.
2. The price of wheat rose to $6 per bushel is $900.
Explanation:
Given the information, we have:
Total cost per acre
= $35 + $80 + $70 = $185
Revenue from wheat per acre
= 40 x $5 = $200
Contribution per acre = $200 - $185 = $15
The most that the farmer would pay to rent 20 acre is
==>20 x ($15 - $10) = $100
If the price of wheat rose to $6, the most that farmer would pay
= 20 x (240 - 185 - 10)
= $900
Answer:
The discount rates were lowered
Explanation:
Discount rate is the rate that is used to determine the present value of future cash flows that will be spent in a project.
This is different from the cost of capital which is the amount that just meets the incurred cost of executing a project.
Discount rate determines of the benefits of the project are greater than the cost.
In the given scenario where benefits balance the cost, the project will be worthwhile is discount rate is lower.
That is there will be a lower cost of execution of the project so revenue will be higher than the cost
Answer:
.
Explanation:
Entrepreneurs innovate sometimes by commercializing inventions and ideas. They look for new business opportunities and find resources they can use in exploiting them. Commercializing an invention was done by Jeff Bezos in this instance. He saw the distribution opportunities available in the internet, and with the growing percentage increase of the internet users per month, he decided to create Amazon. He transformed the invention of the internet into the innovation of Amazon.
The ability to posses this characteristics is one of the qualities of a good entrepreneur.
Answer:
and Leah is saving her account APR of
Answer:
The answer is "4200"
Explanation:
Please find the complete question in the attached file:
Calculating the variable cost in km:
Calculating the fixed cost:
