Answer:
B. corn is used in the production of chicken and the higher price of corn has decreased the supply of chicken
Explanation:
Since corn is often what is fed to chikens in order to make them grow, the higher demand on corn for the production of ethanol has made the corn price to go up and with that the cost of production of the chikens has also gone up, this is the correlation that exists between the increased demand of ethanol and the elevation in the cost of chiken.
<span>Average number of common shares outstanding: (13,000 + 24,000 ) / 2 = 18,500
Earnings Per Share = (Net income - Preferred dividends) / Average number of common shares outstanding
Earnings Per Share = ($80,000 - $21,000 ) / 18,500
Earnings Per Share = $3.19</span>
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The unit that is used in the denominator is the one to cancels the unit that appears in a numerator.
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The GDP expressed in constant, or unchanging prices is called real GDP.
Real GDP or Real Gross Domestic Product is the measurement of the value of economic output modified for the changes of prices like inflation or deflation. This modification will transform the measure of the money-value, nominal GDP, into an index intended quantity of total output.
