Business, 20.12.2019 03:31 ash2905

According to the department of agriculture, net farm income will fall from $91.1 billion in 2014 to $58.3 billion in 2015, a 36 percent drop and the largest percentage decline since 1983. falling prices on corn and soybeans are responsible for a portion of the decline in income, as are lower prices for dairy products, hogs, and chickens. the usda is, however, predicting lower production costs due to falling prices for energy, seed, fertilizer, and pesticides. source: jesse newman, "u. s. farm income to fall to lowest level in nine years," wall street journal, august 25, 2015.all else equal, the lower production costs should offset some of the falling income and

a. keep prices from falling to an even lower level.

b. keep profits from falling to an even lower level.

c. prevent losses from occurring in the agricultural sector.

d. reduce the equilibrium quantity of agricultural output.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 08:30

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price

Answers: 1

Answer

Business, 22.06.2019 19:50

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock

Answers: 1

Answer

Business, 23.06.2019 01:50

Describe two (2) financial career options that an individual with a finance education might pursue and explain the value that such a position adds to a company. explain the essential skills that would make a person successful in each of the described positions. recommend one (1) of the career options. identify the most attractive features of the position.

Answers: 2

Answer

Business, 23.06.2019 10:20

Mandalay hotel bases its budgets on guest-days. the hotel's static budget for august appears below: budgeted number of guest-days 4,300 budgeted variable costs: supplies (@$9.60 per guest-day) $ 41,280 laundry (@$9.40 per guest-day) 40,420 total variable cost 81,700 budgeted fixed costs: wages and salaries 57,190 occupancy costs 52,030 total fixed cost 109,220 total cost $ 190,920 the total cost at the activity level of 5,200 guest-days per month should be:

Answers: 3

Answer

You know the right answer?

According to the department of agriculture, net farm income will fall from $91.1 billion in 2014 to...

Questions