Suppose farmers in a given market can either grow soy beans or corn on their land. In addition, suppose an increase in the demand for corn causes the price of corn to increase. All else equal, an increase in the price of corn creates an incentive for farmers to: Multiple Choice switch away from growing soy beans and into growing corn. grow less corn, but not change their production of soy beans. switch away from growing corn and into growing soy beans. grow more corn, but not change their production of soy beans.

Answers

Answer 1
Answer:

Answer:

switch away from growing soy beans and growing corn

Explanation:

if the price of corn increases,it would be an incentive for farmers to increase their production of corn so as to increase their profits.


Related Questions

An entrepreneur takes a risk to create a new product or a better way to operate a 4. a. Trueb. False
Describe three risks a small business might face.
For more than 30 years, Starkist put 6.5 ounces of tuna into its regular-sized can. Today, Starkist puts only 6.125 ounces of tuna into the same-size can but charges the same price. Georgia-Pacific reduced the content of its Brawny paper towel six-roll pack by 20 percent without lowering the price. There are two sides to the ethical argument about this practice: that of consumer advocates and that of manufacturers. What is the practice called and what is the basic position of each side
.   What's the likely outcome of many people attempting to buy a small amount of goods? A. Deflation   B. Recession   C. Inflation   D. Elasticity
Brewmasters Coffee Co purchased 14 1/2 tons of coffee beans in January, 18 2/3 tons in February, and 33 5/6 tons in March. What was the total weight (in tons) of the purchases?

"Greater Florida Builders wants to build a 450-acre housing development. They submit the plans to the local zoning commission who agrees with the plans, providing that Greater Florida Builders agree to give land for a new school to be located within the subdivision. Greater Florida Builders has been required to:"

Answers

Answer:

Dedicate the property for the school.

Explanation:

In this scenario Greater Florida Builders wants to build a 450-acre housing development. But before getting approval to commence the project the local zoning commission requires the Greater Florida Builders to dedicate a property to the school before it agrees to their proposal.

Local zoning commissions are locally elected government board that recommends to the city council the boundaries of various housing projects and ensuring these boundaries are enforced.

They also apply measures that segregates business property from residential property.

Final answer:

Greater Florida Builders has been required to dedicate a portion of their land for a new school. Dedication is a legal term used in real estate development implying a voluntary offering of land for public use.

Explanation:

In the scenario, Greater Florida Builders has been required to engage in a process commonly referred to as dedication. Dedication is a legal term used in real estate development, where a property owner voluntarily gives the right of a specific proportion of land to the government for public use. In this case, the zoning commission has required Greater Florida Builders to dedicate a portion of their acreage for the construction of a new school within the housing development.

Learn more about Dedication here:

brainly.com/question/30160223

#SPJ12

In the u.s. free enterprise system one of the primary roles of the government is to: ___________

Answers

In the US free enterprise system one of the primary roles of the government is to ensure the safety of products through regulation.

Why is it important the safety of the product?

A product's lack of safety can result in severe, frequently fatal injuries. Injuries such as fractured bones, lacerations, amputations, choking risks, strangling, and more may result from this. Because of this, producers must take steps to safeguard customers by assuring the safety of every product.

Many products are created and developed to reduce or eliminate human mistakes. A safety belt that is designed to make it impossible to put it on incorrectly is an excellent illustration of this. A safe product is one that carries no danger or only a little amount of risk that is acceptable.

To learn more about safety of products, visit:

brainly.com/question/29341541

#SPJ4

Distinguish between the features and benefits of getting a student loan and getting a grant or a scholarship.Categories:
- Student Loan
- Grant or Scholarship

Tiles:
- Borrowed money that needs to be repaid
- Given based on financial need
- Given based on academic achievement and financial need
- Part of credit history

Answers

Student Loan:

  • borrowed money that needs to be repaid
  • part of credit history

Grant or Scholarship

  • given on the basis of financial need
  • Given based on academic achievement and financial need

The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.

Answer:

Student Loan

- Borrowed money that needs to be repaid

- Part of credit history

Grant or scholarship

- Given based on financial need

- Given based on academic achievement and financial need

Explanation:

Just took the test

Which of the following is not a benefit to using credit instead of cash?a. Using credit can help you build a good credit rating.
b. Using credit allows you to make impulsive buys.
c. Using credit makes it easier to track your spending than cash.
d. Using credit offers a convenient source of funds in an emergency.

Answers

Using credit allows you to make impulsive buys - this is not a benefit to using credit instead of cash. It is never good to make impulsive buys, you just waste money on something that you usually don't even need. 

One thing that is not a benefit of using credit instead of cash is that b. Using credit allows you to make impulsive buys.

What happens when you use credit?

Using credit means that you will always have access to resources to use and buy goods and services.

This means that one can be able to make impulsive buys because they will be able to buy things they see without having to worry about not having money.

Find out more on credit at brainly.com/question/1250740.

Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as _____.net exports
consumption
investment

Answers

Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as investment.
Investment is one of the items to consider to determine GDP by expenditure approach which includes residential construction, since residential buildings can be rented out, even if they are occupied by owners.

investment is the correct answer thanks


Assume that the City of Juneau maintains its books and records to facilitate the preparation of its fund financial statements. The City pays its employees bi-weekly on Friday. The fiscal year ended on Wednesday, June 30. Employees had been paid on Friday, June 25. The employees paid from the General Fund had earned $90,000 on Monday, Tuesday, and Wednesday (June 28, 29, and 30). What entry, if any, should be made in the City’s General Fund?

Answers

Answer:

Explanation:

The journal entry is shown below:

Wages and Salaries Expenses A/c Dr                             $90,000

  To Wages and Salaries payable                  $90,000

(Being salary are paid to the employees)

In the given question, cash transaction is not involved so we credited to the wages and salaries payable and since salary is paid so it is an expense that's why we debited it.