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A farmer can invest a large amount of money to increase his yields by a few percent, for example with an extremely expensive fertilizer, but if that cost is so high that it does not produce a comparative return on investment, his profits decline, and the higher yield can mean a lower agricultural productivity in this case. A yield is a 'partial ...
The concept is simple: plan for 1/2 pound of potatoes per person. Then, check out the guidelines below to get more specific to your family's needs.
Use the guidelines below to determine how many pounds of potatoes per person you need for dinner. Potatoes can weigh anywhere from 1/10 pound to 1/2 pound, depending on their size.
A sweet potato casserole recipe might call for three pounds, or about 48 ounces, of sweet potatoes. By Burgess’s estimation, that should equate to 9 to 12 servings. By Burgess’s estimation ...
In economics, the law of increasing costs is a principle that states that to produce an increasing amount of a good a supplier must give up greater and greater amounts of another good. The best way to look at this is to review an example of an economy that only produces two things - cars and oranges.
A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, depreciation etc.).
The long-run marginal cost (LRMC) curve shows for each unit of output the added total cost incurred in the long run, that is, the conceptual period when all factors of production are variable. Stated otherwise, LRMC is the minimum increase in total cost associated with an increase of one unit of output when all inputs are variable. [6]
Prices of potatoes — a Russian staple — have surged by 64% this year. Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year Skip to main content