An acre of corn gives $150 and anacre of soybeans

Assignment Help Macroeconomics
Reference no: EM13329561

A farm has 600 acres, andyou can plant either corn or soybeans (or both). An acre of corn gives $150 and anacre of soybeans gives $80. There are 2000 hours oflabor available; an acre of cornuses 4 hours and an acre of soybeans uses 2 hours. Formulate this problem, and solve graphically

Reference no: EM13329561

Questions Cloud

Determine what is the times-interest-earned-tie ratio : Graser Trucking has $20 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio
How does the fed use open marketoperations for an : Assume the Federal Reserve Board is undertaking anexpansionary monetary policy. Explain the detailsof how the expansionary Fed impacts each of the following:
What will be the firms total revenues at each gold price : A gold-mining firm is concerned about short-term volatility in its revenues. Gold currently sells for $1,592 an ounce, but the price is extremely volatile and could fall as low as $1,512 or rise as high as $1,672 in the next month.
Determine the intensity of the laser beam : A laser emits a narrow beam of light. The radius of the beam is 8.5 mm, and the power is 1.7 mW. What is the intensity of the laser beam
An acre of corn gives $150 and anacre of soybeans : A farm has 600 acres, andyou can plant either corn or soybeans (or both). An acre of corn gives $150 and anacre of soybeans gives $80. There are 2000 hours oflabor available; an acre of cornuses 4 hours and an acre of soybeans uses 2 hours. Formulate..
How many electrons strike the screen each second : The electron beam inside a television picture tube is 0.40mm in diameter and carries a current of 50uA. How many electrons strike the screen each second
Added & decreased costs from current method : Option 1 Outbound freight costs $1000/1000=$1. Each, So 10000/wk. = $10,000. Then calculate equalization = 10,000/1000 = 10 deliveries. 10X $200/delivery charged, or $2000/wk. gain from customers.
What are lags and why do they exist? how arethe arguments : Monetary and fiscal policies are said to have“lags.” What are lags and why do they exist? How arethe arguments for and against active policy decisions affected bythese lags?
Find the force exerted by the rope on the bucket : A 6.0 kg bucket of water is raised from a well by a rope. If the upward acceleration of the bucket is 2.7 m/s2, find the force exerted by the rope on the bucket

Reviews

Write a Review

Macroeconomics Questions & Answers

  Identify the optimal and discriminating prices

Imagine the opera has a capacity of 3000 seats and that all costs are fixed. If they can discriminate between the two groups, what is optimal price to charge to each group and how many tickets will each group buy?

  Is the subsiquent events cause the dollar to appreciate

Is the subsiquent events cause the dollar to appreciate or depreciate against the Euro.

  Who were forced to pay more for the chemicals

As the spokesperson for the Environmental Protection Agency, how would you explain the economic reasons for these actions to angry customers of this company who were forced to pay more for the chemicals as a result of this government action.

  Fed advances and discounts on monetary base

Suppose, in a given week, float raises $900 million, Treasury deposits at the Fed rise $1500 million, discounts and advances decline $200 million, and foreign deposits at the Fed increase $150 million.

  Question on macroeconomics

Draw a correctly labeled loanable funds graph that shows what happens to real interest rates.

  Explain when an economy ever pursue

Explain when an economy ever pursue a contractionary fiscal policy.

  How the dentists willing to provide dental services

The government provides national dental insurance benefits for all U.S. citizens that cover 100% of the cost of all dental services. There are two effects of this policy. First, there will be an increase in the number of consumers of dental servic..

  How the tax or subsidy policies may affect the process

Explain how MNE investment flows from richer countries to poorer countries can have a similar, and potentially accelerated, effect to that of "free trade". Consider the ways in which national tax and/or subsidy policies may affect this process.

  Money multiplier smaller than inverse of the reserve ratio

Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio? Provide one (1) reason. Explain why depositing cash into a checking account does not change the money supply. Provide at least one (1) supporting..

  Explain okun law

Use Okun's law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500 billion in that year, how much output is being forgone because of cyclical unemployment?

  Find the earnings level at which the earnings subsidy ends

On the same graph, draw the daily budget constraint under The Texas Family Assistance Program for the single parent described above. Find the earnings level at which the earnings subsidy ends. Discuss the effect of the program participation on wor..

  Will the firm realize an economic profit

Refer to the above data. If the product price is $60, at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations. Refer to the above data. If t..

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