Answer:
new corn farmers will enter the market and decrease the market price.
Explanation:
In regards to the information provided, it can be said that in a long term perspective if the production of ethanol keeps increasing then new corn farmers will enter the market and decrease the market price. This is because as ethanol production increases, so does the price of corn. This will continue up to a certain point were profitability for farmers is high and many new farmers will enter the market hoping to profit from the corn as well. All these new farmers will drastically increase the production of corn and as the supply of corn rises the prices will begin to fall.
I believe this is an example of: <span>nondirective Interview.
A nondirective interview refers to the type of interview that would provide some sort of reward to the applicants if they take initiative to lead the conversation in the interview.
This type of interview often used by employers who do not possess a strict standard on professional interviewing.</span>
Answer:
A. $5,560
Explanation:
The computation of the total interest revenue is shown below:
= Five-year payments received of note payable - present value of note payable
where,
Five-year payments received of note payable = Annual year payment received × number of years
= $5,009 × 5 years
= $25,045
And, the present value of the note payable is $19,485
Now put these values to the above formula
So, the value would equal to
= $25,045 - $19,485
= $5,560
