In country a, the price of wheat has increased greatly over the past year. because of this change, farmers in country a are planning to grow more wheat in the next few years. in the sample scenario, what does this mean about the elasticity of wheat in relation to supply? wheat is relatively inelastic. wheat is elastic. wheat is inelastic. wheat is relatively elastic.

The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?

The largest elements of community corrections are

Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.