1 17 2 345 5 6 Seed Average Price 3 Marketing Year Index $/short ton 4 127.7 192.4 7 8 B 9 10 11 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 10 11 C 12 13 14 15 Historical Price Data Oil D 242 242 274 242 290 347.2 436 422.8 466 582 508 428 434 Average Price Index $/short ton 317.8 465 662.2 668.2 791.3 732 951 1123 1297.3 1312 1416 1664 1317.4 1182.4 1334.4 E Mash Average Price Index $/short ton 63 87 105 111 124 108 134 153 193 187 193 247 242 197 210 ZU 27 28 29 30 31 32 B Supplier ABC А с с Cost as % of Average Market 85% 100% 90% ZU 21 22 23 24 B Supplier A B с C Oleic Acid 72% 82% 65% D lodine 0.95% 0.85% 0.72%
1 17 2 345 5 6 Seed Average Price 3 Marketing Year Index $/short ton 4 127.7 192.4 7 8 B 9 10 11 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 10 11 C 12 13 14 15 Historical Price Data Oil D 242 242 274 242 290 347.2 436 422.8 466 582 508 428 434 Average Price Index $/short ton 317.8 465 662.2 668.2 791.3 732 951 1123 1297.3 1312 1416 1664 1317.4 1182.4 1334.4 E Mash Average Price Index $/short ton 63 87 105 111 124 108 134 153 193 187 193 247 242 197 210 ZU 27 28 29 30 31 32 B Supplier ABC А с с Cost as % of Average Market 85% 100% 90% ZU 21 22 23 24 B Supplier A B с C Oleic Acid 72% 82% 65% D lodine 0.95% 0.85% 0.72%
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
100%
![1
17
2
345
5
6
Seed
Average Price
3 Marketing Year Index $/short ton
4
127.7
192.4
7
8
B
9
10
11
12
13
14
15
16
17
18
1
2
3
4
5
6
7
8
9
10
11
C
12
13
14
15
Historical Price Data
Oil
D
242
242
274
242
290
347.2
436
422.8
466
582
508
428
434
Average Price
Index $/short ton
317.8
465
662.2
668.2
791.3
732
951
1123
1297.3
1312
1416
1664
1317.4
1182.4
1334.4
E
Mash
Average Price
Index $/short ton
63
87
105
111
124
108
134
153
193
187
193
247
242
197
210](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d58f670-ec3c-43a1-a560-334692e78027%2Fe4ed80b1-1ee4-43fd-bc39-29613e94e875%2Fahd0zon_processed.png&w=3840&q=75)
Transcribed Image Text:1
17
2
345
5
6
Seed
Average Price
3 Marketing Year Index $/short ton
4
127.7
192.4
7
8
B
9
10
11
12
13
14
15
16
17
18
1
2
3
4
5
6
7
8
9
10
11
C
12
13
14
15
Historical Price Data
Oil
D
242
242
274
242
290
347.2
436
422.8
466
582
508
428
434
Average Price
Index $/short ton
317.8
465
662.2
668.2
791.3
732
951
1123
1297.3
1312
1416
1664
1317.4
1182.4
1334.4
E
Mash
Average Price
Index $/short ton
63
87
105
111
124
108
134
153
193
187
193
247
242
197
210
![ZU
27
28
29
30
31
32
B
Supplier
ABC
А
с
с
Cost as % of
Average Market
85%
100%
90%
ZU
21
22
23
24
B
Supplier
A
B
с
C
Oleic Acid
72%
82%
65%
D
lodine
0.95%
0.85%
0.72%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d58f670-ec3c-43a1-a560-334692e78027%2Fe4ed80b1-1ee4-43fd-bc39-29613e94e875%2Fek5lbkd_processed.png&w=3840&q=75)
Transcribed Image Text:ZU
27
28
29
30
31
32
B
Supplier
ABC
А
с
с
Cost as % of
Average Market
85%
100%
90%
ZU
21
22
23
24
B
Supplier
A
B
с
C
Oleic Acid
72%
82%
65%
D
lodine
0.95%
0.85%
0.72%
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