answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bumek [7]
2 years ago
15

Mr. jernigan owns a piece of land on which he grows corn. corn production annually requires ​$2 comma 0002,000 in​ seed, ​$3 com

ma 0003,000 in​ fertilizer, and ​$6 comma 0006,000 in pesticides. mr. jernigan uses his own labor to grow the corn and therefore hires no workers. if mr. jernigan did not use his time to grow​ corn, he would instead be able to sell​ insurance, earning ​$45 comma 00045,000 per year.
Business
1 answer:
nika2105 [10]2 years ago
7 0

Answer:

economic costs = $56,000

Explanation:

given data

seeds = $2,000

fertilizer = $3,000

pesticides =  $6,000

earning ​= $45,000

solution

total Accounting cost of Mr. jernigan is

total Accounting cost of Mr. jernigan = $2,000  + $3,000  + $6,000

total Accounting cost of Mr. jernigan = $11,000

and

economic costs = accounting costs + opportunity costs

economic costs = $11,000 + $45,000

economic costs = $56,000

You might be interested in
Identify how planned investment will change in each scenario. Airwings, a commercial airline manufacturer, becomes optimistic ab
Vladimir79 [104]

Answer:

Part - 1: Increase

As business is hopeful about future,it will begin limit extension to provide food customer request.

Part - 2: Decrease

Higher genuine loan fee implies acquiring cost is higher for the organizations thus that they will lessen the interest in response to that.  

Part - 3: Decrease

A lower charge implies higher benefits and firms can pass these advantages to purchasers with lower costs, to representatives with higher wages and to the administration with charge on benefit. Nonetheless, in the event that the pace of expense itself has been expanded, at that point all things considered corporate will consider higher to be as a dampener in suppositions and they may diminish venture plans.  

Part - 4: Decrease

A downturn implies there will be lesser monetary movement generally speaking and request will be lower so as the utilization. In such case, arranged speculation will be diminished.

5 0
2 years ago
(35 POINTS) Given the data in the chart above, which of the following statements is true?
andrezito [222]

Italy requires less worker hours to produce both olive oil and wine. Therefore the answer is D. Italy has an absolute advantage in wine and oil production.

6 0
2 years ago
Read 2 more answers
Elise is the marketing manager in a travel company. She is planning to place an advertisement in local newspapers to promote her
Scorpion4ik [409]

Answer:

The answer is C. link the advertisements to online promotions.

Explanation:

Now lets take a look at it one by one and see why C is the answer.

As in option A, she can ask a few friends whether they've seen the ad or not, but their replies would not accurately show the success of the promotion strategy.

In Option B,  it take some time to measure the results and the quarterly sales numbers can be influenced by many factors and may not reflect the impact of this specific promotional campaign.

Option D is irrelevant, Elise's company sales and the sales of the newspapers are not related. So we can not take this as an answer.

Option C however is very applicable. If you link the advertisements to online promotions, when those who read the news paper comes to check the online promotion, we can see how well has the ad performed based on the number of online enrollments of the readers.

6 0
2 years ago
A flood damaged several vans belonging to a nongovernmental, not-for-profit organization. A professional mechanic repaired the v
Westkost [7]

Answer:

b. As both an increase in the equipment account and an increase in contributions from donated services.

Explanation:

When the flood damages the vehicles there was a loss in the value of the organisation's equipment. The actor of restoring it to its previous state will require an addition to equipment account. So there will be an increase in equipment.

The services provided by the mechanic were free and will be recorded as a donated service. This is an increase in contributions from donated services.

There is no expense recorded as the services were performed for free.

5 0
1 year ago
In addition to inflation and consumer demand, what is another economic factor that can affect career opportunities
lbvjy [14]
<span>A key economic factor that will affect your career opportunity is supply. Supply goes hand in hand with demand with any type of economy. Sometimes the demand is there and the supply isn't or vice versa. The supply is needed for any job to be available to begin with.</span>
4 0
1 year ago
Other questions:
  • A disadvantage of adding a salad bar to a school lunch menu would be ?
    9·2 answers
  • Athen tech., a software company, changed its pay structure from 3,000 job titles and 12 pay grades to a simpler structure with 1
    15·1 answer
  • Who moved from rural villages into towns, where they specialized in a particular trade and produced superior quality products?
    9·2 answers
  • An owner had a profit margin of 50,000 last year.
    5·2 answers
  • Denton Company manufactures and sells a single product. Cost data for the product are given below:
    6·1 answer
  • The Nelson Company has $1,750,000 in current assets and $700,000 in current liabilities. Its initial inventory level is $490,000
    13·1 answer
  • The combo box (form control) option in macros can be used to substitute for ___ when doing scenario analysis.
    5·1 answer
  • A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i
    15·1 answer
  • On January 1, 2021, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory po
    14·1 answer
  • Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!