What is the opportunity cost to the farmer

Assignment Help Basic Computer Science
Reference no: EM131021253

Suppose that a farmer has land that can produce 20 bushels of corn per acre or 10 bushels of wheat per acre. She currently is producing 100 bushels of corn and 100 bushels of wheat.
  1.1.  

 

What is the opportunity cost to the farmer, measured in bushels of corn, of producing an additional 10 bushels of wheat?

Reference no: EM131021253

Questions Cloud

Do you see significant changes in the future : Identify the important external factors that are influencing your company's performance. Are there new regulations, or do you see significant changes in the future?
Comparison between the federal reserve : Need a paper with the topic: Comparison between the Federal Reserve (FED) and European Central Bank (ECB).
Rate of return on this loan transaction : You are going to buy a new car worth $14,500. The dealer computes your monthly payment to be $267 for 72 months' financing. What is the dealer's rate of return on this loan transaction?
How decisions restrain growth of medicare spending : Should Congress and the president be concerned about the growth of Medicare spending? If so, which of these approaches should they adopt, or is there a third approach that might be better?
What is the opportunity cost to the farmer : Suppose that a farmer has land that can produce 20 bushels of corn per acre or 10 bushels of wheat per acre. She currently is producing 100 bushels of corn and 100 bushels of wheat.
The distinction between fixed and variable cost important : If a perfectly competitive firm finds that price is less than average variable cost, it should shut down.  If price is less than average variable cost, a firm cannot even cover its variable costs and therefore has no incentive to operate.  Why is the..
Calculate the after-tax cost of debt : Calculate the after-tax cost of debt for the Wallace Clinic, a for-profit healthcare provider, assuming that the coupon rate set on its debt is 11 percent and its tax rate is
What trend in health care spending as percentage of gdp : In the United States, what has been the trend in health care spending as a percentage of GDP? Compare the increases in health care spending per person in the United States with the increases in health care spending per person in other high-income ..
The world have made the greatest gains in literacy : What parts of the world have made the greatest gains in literacy? What parts lag behind? Do you note age or gender differences in literacy?Should all countries insist that all children attend school?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd