Business, 30.10.2019 05:31 MariaIZweird9631
Suppose a farmer in georgia begins to grow peaches. he uses $1,000,000 in savings to purchase land, he rents equipment for $100 comma 000100,000 a year, and he pays workers $100 comma 000100,000 in wages. in return, he produces 100 comma 000100,000 baskets of peaches per year, which sell for $3.003.00 each. suppose the interest rate on savings is 55 percent and that the farmer could otherwise have earned $25 comma 00025,000 as a shoe salesman. what is the farmer's economic profit
Answers: 2
Business, 22.06.2019 16:00
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 23.06.2019 02:10
Goldman services hired a new clerk to keep custody of and maintain all the equipment in the equipment yard. the clerk has not yet been adequately trained on the maintenance needs of the equipment. which internal control procedure needs strengthening?
Answers: 2
Suppose a farmer in georgia begins to grow peaches. he uses $1,000,000 in savings to purchase land,...
Chemistry, 02.02.2021 02:20
History, 02.02.2021 02:20
Mathematics, 02.02.2021 02:20
Computers and Technology, 02.02.2021 02:20
Mathematics, 02.02.2021 02:20
Health, 02.02.2021 02:20
Mathematics, 02.02.2021 02:20
Mathematics, 02.02.2021 02:20
Computers and Technology, 02.02.2021 02:20
Biology, 02.02.2021 02:20