World Research Journal of Tropical Agriculture ISSN: 2322-0627 & E-ISSN: 2322-0635 || Volume: 1 Issue: 2‚ 2013: 27-30 || Available online at http://www.bioinfopublication.org/jouarchive.php?opt=&jouid=BPJ0000179 FARMERS’ CREDIT STOCK DETERMINANTS FROM COMMERCIAL BANKS AND ITS EFFECTS ON AGRICULTURAL PRODUCTION IN NIGERIA UDENSI A.I.1‚ ANYIRO C.O.2*‚ OREBIYI J.S.1‚ EZE C.C.1‚ OHAJIANYA D.O.1 AND EZEH C.I.2 1Department of Agricultural Economics‚ Federal University of Technology‚ Owerri‚ Nigeria.
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Economic Question 1: (a) Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1‚ 1 and 2‚ 2 and 3‚ etc.) Output (units) | TC(＄) | AC(＄) | MC(＄) | 0 | 55 | ---- | 30 | 1 | 85 | 85 | | | | | 25 | 2 | 110 | 55 | | | | | 20 | 3 | 130 | 43 | | | | | 30 | 4 | 160 | 40 | | | | | 50 | 5 | 210 | 42 | | | | | 70 | 6 | 280 | 47 | | | | | 90 | 7 | 370 | 53 | | | | | 110 | 8
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improve our understanding of it Circular Flow Diagram -Economy is simplified‚ Two types of decision makers; households and firms. -Firms produce goods and services using inputs (factors of production) -Households own the factors of production and consume goods/services -They interact in two different markets; Markets for goods and services where households are buyers and firms are sellers. Markets for the factors of production where households are sellers (provide inputs that firms use to produce
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Which private companies can be regarded as monopolists in Hong Kong? Do they charge higher prices? What do you mean by ‘higher prices’? Higher than what levels? P.7 Test yourself 19.1 Given the following information‚ find the total revenue and marginal revenue at different output levels: |Price ($) |Output (units) |TR ($) |MR ($) | |50 |1 | | | |40 |2 |
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price of $2 per gallon than at $1 per gallon. c. People will buy less gas if the price of gas increases by $.20 per gallon. d. People will consume more beef if the price increases from $1 to $2 per pound. 3. Joe and Ed go to a diner that sells hamburgers for $5 and hot dogs for $3. They agree to split the lunch bill evenly. Ed chooses a hot dog. The marginal cost to Joe then of ordering a hamburger instead of a hot dog is a. $1. b. $2. c. $2.50. d. $3. 4. The expression‚ “There’s no
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Economics for Managers Block I MICROECONOMICS – I UNIT 1 Introduction to Microeconomics UNIT 2 Theory of Demand and Supply UNIT 3 Consumer Behavior UNIT 4 Production Function 46-62 30-45 12-29 1-11 UNIT 5 Analysis of Costs 63-80 Expert Committee Dr. J. Mahender Reddy Vice Chancellor IFHE (Deemed to be University) Hyderabad Prof. Y. K. Bhushan Vice Chancellor IU‚ Meghalaya Prof. Loveraj Takru Director‚ IBS Dehradun IU‚ Dehradun Prof. S S George Director‚ ICMR IFHE (Deemed to be
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FINANCIAL STATEMENT ANALYSES HOMEWORK 1 1) Consolidated Balance Sheet mean is the relationship between the capital of the companies belonging to the same date or period of balance sheet items and interrelationship with the gathering of relevant records are held on the balance sheet. 2) Ramstore Bulgaria E.A.D. (“Ramstore Bulgaristan”) Ramstore Kazakhstan LLC (“Ramstore Kazakistan”) Ramstore Macedonia DOO (“Ramstore Makedonya”) Sanal Merkez Ticaret A.Ş. (“Sanal Merkez”) No they do not
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evidence on the issue. The set point theory According to this theory‚the individual propensity to happiness is a personal trait of largely genetic origin and influenced by personality.The explanation for the stagnation of happiness is that happiness is a stochastic phenomenon.Chance distributes unequal amounts of happiness among people’s genetic codes ‚leaving the average level unchanged. The decreasing marginal utility of money. This idea- that of a progressive saturation of needs‚or at least
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The marginal benefit curve has a negative slope because of a general principle that the more we have of any good or service‚ the smaller is its marginal benefit and the less we are willing to pay for an additional unit of it. It decreases because many of us like variety. The more we consume one good or service‚ the more we tire of it and prefer switching to something else. 9) Compare and contrast
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bulging downward or linear (straight)‚ depending on a number of factors. A PPF can be used to represent a number of economic concepts‚ such as scarcity of resources (i.e.‚ the fundamental economic problem all societies face)‚ opportunity cost (or marginal rate of transformation)‚ productive efficiency‚ allocative efficiency‚ and economies of scale. In addition‚ an outward shift of the PPF results from growth of the availability of inputs such as physical capital or labour‚ or technological progress
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