Suppose that you are the consultant to an agricultural cooperative that is deciding whether members should cut their production of cotton in half next year. the cooperative wants your advice as to whether this action will increase members' revenues. knowing that cotton (c) and soybeans (s) both compete for agricultural land in the south, you estimate the demand for cotton to be c = 3.5 −1.0 pc + 0.25 ps + 0.5i, where pc is the price of cotton, ps is the price of soybeans, and i is income. should you support or oppose the plan?

Revising for clarity business writers appreciate messages that are clear and understandable. proofreading and evaluating your work will you compose messages that are clear, concise, and direct. revise for clarity by eliminating trite phrases, avoiding jargon and slang, and dropping cliché́s. why do some people fail to write clear and concise messages? they always tell the truth. they write to express and impress. they write to impress instead of express.

American gas products manufactures a device called a can-emitor that empties the contents of old aerosol cans in 2 to 3 seconds. this eliminates having to dispose of the cans as hazardous wastes. if a certain paint company can save $75,000 per year in waste disposal costs, how much could the company afford to spend now on the can-emitor if it wants to recover its investment in 3 years at an interest rate of 20% per year?

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.