The agricultural scenario in country almia has changed considerably over the last forty years. while the population employed in agriculture declined from 60 percent to just over 20 percent during this time, the total production of food crops more than doubled. large farms became larger, while many small farmers who were unable to improve efficiency were driven out of the market. there was a substantial decline in the prices of most food crops during this period. with mechanization and improved productivity, market analysts had in fact predicted a sharper fall in the prices of food crops. however, although prices did decline, they did not fall as much as anticipated. which of the following, if true, would explain this outcome?

a. a pesticide-resistant fungal parasite that attacks only cotton plants has reduced cotton production in the last five years.
b. the government of almia has successfully controlled the overall increase in price level.
c. the farm land used for the cultivation of food crops has increased by 10 percent in the last forty years.
d. food crop exports increased at a faster rate than the increase in food crop production.
e. fertilizer subsidies provided to farmers increased significantly in the last forty years.

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.