M MD 5600 head 5300bad area diagram 42 MD area D faria C 0 5,000 head/yr....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
M MD 5600 head 5300bad area diagram 42 MD area D faria C 0 5,000 head/yr. cande in headsy 10,000 had 8. Using diagram #2, where, Mrancher (defined as MR-MC) is the expected marginal profits to the rancher when the rancher sells an additional head of cattle, and MDtarmer is the expected damages to the corn farmer, when additional head cattle raised by the rancher accidently consumes part of the farmer's com crop, A. Determine the following determine the following, if the damages done to the farmer's crop by the rancher's cattle is not recognized 10,000 head (1). equilibrium quantity of Area A+R. (2). Profits to the rancher = Indicate the area (3). damages to the farmer's cr Indicate the area Area B+C+D B. Determine the following if the rancher is liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised by (2). Profits to the rancher Indicate the area (3). damages to the farmer's cre Indicate the area (4). change in income of farmer = Indicate the area C. Determine the following, if the rancher is not liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised br Indicate the area (2). Profits to the rancher Indicate the area (3). damages to the farm Indicate the area. (4). change in income Indicate the area M MD 5600 head 5300bad area diagram 42 MD area D faria C 0 5,000 head/yr. cande in headsy 10,000 had 8. Using diagram #2, where, Mrancher (defined as MR-MC) is the expected marginal profits to the rancher when the rancher sells an additional head of cattle, and MDtarmer is the expected damages to the corn farmer, when additional head cattle raised by the rancher accidently consumes part of the farmer's com crop, A. Determine the following determine the following, if the damages done to the farmer's crop by the rancher's cattle is not recognized 10,000 head (1). equilibrium quantity of Area A+R. (2). Profits to the rancher = Indicate the area (3). damages to the farmer's cr Indicate the area Area B+C+D B. Determine the following if the rancher is liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised by (2). Profits to the rancher Indicate the area (3). damages to the farmer's cre Indicate the area (4). change in income of farmer = Indicate the area C. Determine the following, if the rancher is not liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised br Indicate the area (2). Profits to the rancher Indicate the area (3). damages to the farm Indicate the area. (4). change in income Indicate the area
Expert Answer:
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these economics questions
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
123 Compare the purely graphical properties of these two notations, and the ways in which the graphical properties of each display correspond to the information structure being defined. Describe...
-
In Exercises evaluate the second derivative of the function at the given point. Use a computer algebra system to verify your result. (x) = cos x, (0, 1)
-
Selzer Equipment Limited sold 500 Rollomatics on account during 2014 for $6,000 each. During 2014, Selzer spent $30,000 servicing the two-year warranties that are included in each sale of the...
-
Explain how the graph of each function can be obtained from the graph of y = 1/x or y = 1/x 2 . Then graph f and give the (a) Domain (b) Range. Determine the largest open intervals of the domain over...
-
Diageo North America, Inc., the owner of the Bulleit brand family of whiskeys, sued competitor W.J. Deutsch & Sons Ltd. for allegedly infringing upon the trade dress of Diageos Bulleit bottles....
-
VIP Corporation engaged in the transactions that follow. Identify each transaction as (a) An operating activity, (b) An investing activity, (c) A financing activity, (d) A noncash transaction, (e)...
-
Use counting to determine the whole number that corresponds to the cardinality of these sets. (a) C = {xlx = N and (x-8)(x-3)=0} (b) D = {x|x EN, 1x 100 and x is divisible by both 6 and 7} (a) n(C) =...
-
You have the following obligations: 150 thousand at 3 months, but signed six months ago term and interest of 24% simple annual, 250 thousand payable at 6 months, signed at a one-year term and...
-
Write out and explain the valuation formula for a constant growth stock.
-
What would happen to a stocks price if the marginal investor examined a stock and concluded that its intrinsic value was greater than its current market price? Whereas a bond contains a promise to...
-
Write out the equation for free cash flows and explain it.
-
Suppose that one of the vector functions is a constant multiple of the other on the open interval I. Show that their Wronskian W(t) = I[x ij (t)]I must vanish identically on I. This proves part (a)...
-
The minutes of the board of directors of the Tetonic Metals Company for the year ended December 31, 2023, were provided to you. Meeting of March 5, 2023 The meeting of the board of directors of...
-
(i) The followings show two machinery options. OPTION 1: The initial purchase price of the machine is $30,000. The salvage value at the end of the useful life will be $4,000. Maintenance costs are...
-
A researcher reports a significant two-way between-subjects ANOVA, F(3, 40) = 2.96. State the decision to retain or reject the null hypothesis for this test.
-
Steve Drake sells a rental house on January 1, 2012, and receives $130,000 cash and a note for $55,000 at 10 percent interest. The purchaser also assumes the mortgage on the property of $45,000....
-
Ulysses and Penelope are married and file separate returns for 2012. Penelope itemizes her deductions on her return. Ulysses' adjusted gross income was $17,400, his itemized deductions were $2,250,...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
In the January 1, 20X8, consolidated balance sheet, the amount of goodwill reported should be a. $0. b. $76,000. c. $95,000. d. $156,000. On January 1, 20X8, Ritt Corporation acquired 80 percent of...
-
In the December 31, 20X8, consolidated balance sheet, the amount of noncontrolling interest reported should be a. $200,000. b. $239,000. c. $251,000. d. $252,000. On January 1, 20X8, Ritt Corporation...
-
On January 1, 20X5, Post Company acquired an 80 percent investment in Stake Company. The acquisition cost was equal to Posts equity in Stakes net assets at that date. On January 1, 20X5, Post and...
Study smarter with the SolutionInn App