Researchers have found a hybrid of corn

Assignment Help Business Economics
Reference no: EM13851679

Researchers have found a hybrid of corn that is cheaper to grow. This technological breakthrough

a. increases the demand for corn.

b. increases the supply of corn.

c. decreases the supply of corn.

d. Both answers A and B are correct.

Reference no: EM13851679

Questions Cloud

Plywood is used in the construction of houses : Plywood is used in the construction of houses. If the price of plywood rises, what happens to the supply of houses?
Expected that the price of a bushel of wheat : It is expected that the price of a bushel of wheat will increase in one month. This belief will result in
Draw graph depicting the budget set-label the axes : A student has a budget of $200 for their meals outside of the home per week. One possibility is purchasing a meal at a restaurant, which we will call x1, and which costs $20, and a second possibility is purchasing a meal at the school cafeteria, x2, ..
Marginal cost of the last improvement is surely far less : Our desires and satisfactions are often relative not only to what others have but also to what we ourselves have become accustomed to. A small amount of tasteless food can be the source of immense satisfaction to a very hungry person. The marginal co..
Researchers have found a hybrid of corn : Researchers have found a hybrid of corn that is cheaper to grow. This technological breakthrough
Will the marginal benefit exceed the marginal cost : The behavior of almost everyone indicates that people believe they will be better off if they earn a larger income, because a larger income means the ability to acquire more of what they want almost, but not quite, without regard to what it is that t..
Interests over the interests of the relevant social unit : Andrew belongs to a culture in which most people including Andrew have freedom in their economic and political pursuits. Further, this culture gives priority to Andrew's interests over the interests of the relevant social unit. Which of the following..
Component of an attitude contains the feelings : The _____ component of an attitude contains the feelings or emotions one has about a given object or situation.
High accountability standards and harsh penalties : Corporate officers in the United States are subject to high accountability standards and harsh penalties under the _____ Act.

Reviews

Write a Review

 

Business Economics Questions & Answers

  Why does inflation affect increase in social security

Why does inflation affect increase in Social Security and or profits. Is this effect a cost of inflation, as article suggests. Why or why not.

  Explain how large a decline in the value of bank assets

Explain how large a decline in the value of bank assets would it take to reduce this bank's capital to zero.

  Household behavior on the overall volume of bank lending

Suppose that households in the US switched some of their wealth out of their checking accounts and into short term bank CD's. If banks use all excess reserves to support increased lending, what is the effect on this household behavior on the overall ..

  Explain with reference to the laffer curve concept

Does federal revenue as a percent of GDP change with changes in tax rates? Explain with reference to the Laffer Curve concept.

  Future equivalent cost of investment of planning horizon

Consider a palletizer and a bottling plant that has a first cost of $150,000. It has operating and maintenance costs of $17,500 per year, and an estimated net salvage value of $25,000 at the end of 30 years. Assume an interest rate of 8% per year. Wh..

  What are the key determinants of price elasticity of demand

What are the key determinants of the price elasticity of demand for meals served at high-end restaurants?

  Concisely analyze a contemporary problem

Economics essay-a brief paper about six pages in length also concisely analyze a contemporary problem illustrating Monopoly, monopolistic competition also oligopoly in the marketplace.

  Would you rather receive $100 today or $120 in one year

Would you rather receive $100 today or $120 in one year? b Would you rather receive $205 today or $240 in one year? c Would you rather receive $500 in one year or $610 in two years?

  Q1 compare and contrast inflation and deflation what are

q1. compare and contrast inflation and deflation. what are some of the damaging effects that each has on an economy?

  Explain how much will kris''s payments be

if the original amount of loan is for $24000 and interest is 1/2% per month on the unpaid balance, explain how much will Kris's payments be.

  Illustrate what is the unemployment rate

Illustrate what is the unemployment rate. Karen sharpens knives in her spare time for extra income.

  Explain how does the capital-financial account differ

Explain how does the capital/financial account differ from the current account. Give examples of what is included in each.

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