Scenario 13-17 if farmer brown plants no seeds on his farm, he gets no harvest. if he plants 1 bag of seeds, he gets 5 bushels of wheat. if he plants 2 bags, he gets 9 bushels. if he plants 3 bags, he gets 12 bushels. a bag of seeds costs $120, and seeds are his only cost. refer to scenario 13-17. farmer brown's marginal-cost curve is

His marginal cost curve is increasing, because the marginal benefit of each additional bag of seeds keeps going down and the costs continue to go up.

The activity of providing goods and services involving financial and commercial and industrial aspects.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan