Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Mr. Jernigan owns a piece of land on which he grows corn, Com production annually requires $4,000 in seed, $1,000 in fertiizer and $4,000 in pesticides Mr Jemigan uses his own labor to grow the corn and therefore hires no workers It Mr Jernigan dd not use his time to grow corn, he would instead be able to sell insurance, earning $45,000 per year.
Suppose another farmer has just offered to pay Mr. Jernigan rent of $10,000 per year for use of the land.
If Mr. Jernigan refuses to rent the land to another farmer, then what will be his accounting costs from farming corn himself on his land. What will be his economic costs?
Mr. Jernigan's accounting costs wil be s per year, and his economic costs will be s per year (Enter numeric responses using integers)
The Accounting Equation is
Suppose a firm in the short run under perfect competition with P=250, TC=1,000 + 100Q + 2.5Q^2 , and MC=10+5Q-Find out the level of output that the firm needs to produce to maximize profits?
demand in a perfectly competitive market is q 100 - p . supply in that market is q p - 10.1 what is the market
Is the online book retail (e.g. Amazon.com) industry qualified as a perfectly competitive market by the four market characteristics listed in the lecture note? If not, what characteristic(s) is (are) not met?
what are the potential consequences of a country having a large overall debt? if you were in the position to implement
Discuss advantages of organizing the new business as a LLC. Review the assigned case/case summary for McFarland v Virginia Retirement Services of Chesterfield, LLC.
1.do some research on milton friedman and briefly highlight his main contributions to economics and political
What is a natural monopoly How does a natural monopoly lead to lower costs than would exist if there were more than one firm in an industry that is a natural monopoly
What does the Federal Reserve say about the strength of the economy?
As a manager of a financial considering business you have two financial planners, Phil and Francis. In an hour, Phil can make either one financial statement or answer ten phone calls,
1-sketch a situation where preferences is not convex not strictly monotonic and there is no walraisian equilibrium. 2-sketch a situation where preferences is not convex not strictly monotonic yet walraisian equilibrium exist. 3- repeat (1) and (2), b..
Five annual deposits in the amounts of ($1,200, $1,000, $800, $600, and $400) are made into a fund that pays interest at a rate of 9% compounded annually.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd