According to the department of agriculture, net farm income will fall from $91.1 billion in 2014 to $58.3 billion in 2015, a 36 percent drop and the largest percentage decline since 1983. falling prices on corn and soybeans are responsible for a portion of the decline in income, as are lower prices for dairy products, hogs, and chickens. the usda is, however, predicting lower production costs due to falling prices for energy, seed, fertilizer, and pesticides. source: jesse newman, "u. s. farm income to fall to lowest level in nine years," wall street journal, august 25, 2015.all else equal, the lower production costs should offset some of the falling income and

a. keep prices from falling to an even lower level.

b. keep profits from falling to an even lower level.

c. prevent losses from occurring in the agricultural sector.

d. reduce the equilibrium quantity of agricultural output.

He cornerstone of arsoac, the is organized into four like battalions and provides nighttime, all-weather, medium range insertion, extraction, and resupply capability in hostile or denied areas.

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005