In an agreement to exchange dollars for euros in three months at a price of $0.90 per euro, the price is the

Assume that the price of sorghum grain is $6.00 per bushel. When we apply 30 tons of fertilizer on our 20 acres of sorghum grain, the total yield is 1,000 bushels. When we apply 50 tons of fertilizer, the total yield is 1,500 bushels. What is the

marginal value product per ton of fertilizer? A) $150/ton B) $25/ton C) $75/ton D) None of the above

If a person were in the 15% tax bracket and given the choice of a $500 credit or a $2500 deduction,

A. he would not qualify for either. B. he would not care. They would constitute the same tax benefit. C. he would take the credit every time. D. he would take the deduction every time.