weTECNOO6 SPARKpg#01%23DateQuestion Gcoporategreccellieseparale faihs whichonganization has threeduning the coming yeas., Each hasasetofarmbeusedUniale chasacterlticswhichmostsutablemake itbor saisingbelow indicates thecrop onlyselected' foruneJablecropeachthefam,ofassociated with operating eachannual ixed costs' ofthe cosposdtron as7 plantingexpected revenueharm. Dn addition to the bixed costannualcostthecrops, thefaam.thereRs 8°90,000forarewhole.CropPolatoesCost/acde Revenuelacte Hixed cost1200faim1500200000soybean 143018503 500003com8701225128000Detemine the cost function , revenue,funchion and psofitfunction ljain functions)for the thaee fhimOhe boardopera tionalinection has vote on the planingfollowingprogram foh the coming yeas:750 acres' will be plantedat fam1;1,000 at ferm 2; and l,s^SO at farmwhat are the expected profits for the program?summer d rougpes acte bcing"necvced by 10,20 and 30 percent, +cspec-ht has nesulted in the revende yieldsreduced byAacrepesFively ,at the th ee fatmsl. what is the profit expected6rom mentioned [ie. seguidment(b)] planting progeam?theprevioušlyPROMOTION

Profit is that the distinction between the revenue and therefore the prices. A profit function is a…

A Question G coporate agriculture separate farms which are organization has! during the coming year. Each farm ho used unique organizati be characterstics most une crop o Jable sutable for raising, below indicates the faim, the erop selected E each annual of plan 1 ache. of the crops, the expected each farm. In addition to the fixed t associated with operating each farm. are Rs 840,000 annual fixed costs of the corporation as a whole. farm Crop Cost/ache Revenue/ade fixed co Potatoes 1200 1500 200006 Soybean 1430 1850 350 000 3 Com 870 1225 128000 Determine the cost function, se venue, function. function I join functions) for the three farm operat The board of direction has vote on the following program for the coming year: 750 acres will be at form 1; 1,000 at farm 2; and 1,550 a what are the expected profits for the F A summer drought has resulted in the reve per acre being reduced by tively, at the three farms. What is the profit from the previously mentioned lie. req (b)] planting program? 10,20 and 30 perce دا را 2 cost

A Question G coporate agriculture separate farms which are organization has! during the coming year. Each farm ho used unique organizati be characterstics most une crop o Jable sutable for raising, below indicates the faim, the erop selected E each annual of plan 1 ache. of the crops, the expected each farm. In addition to the fixed t associated with operating each farm. are Rs 840,000 annual fixed costs of the corporation as a whole. farm Crop Cost/ache Revenue/ade fixed co Potatoes 1200 1500 200006 Soybean 1430 1850 350 000 3 Com 870 1225 128000 Determine the cost function, se venue, function. function I join functions) for the three farm operat The board of direction has vote on the following program for the coming year: 750 acres will be at form 1; 1,000 at farm 2; and 1,550 a what are the expected profits for the F A summer drought has resulted in the reve per acre being reduced by tively, at the three farms. What is the profit from the previously mentioned lie. req (b)] planting program? 10,20 and 30 perce دا را 2 cost

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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