According to the washington post article the downsides of cheap corn, farmers' 2014 crop revenues were down from prior years, despite very productive harvests all around the united states. which of the statements is the explanation offered by the article for this apparent paradox? the increase in the supply of crops has decreased prices by a greater percentage than the percentage increase in quantity of sales. consumer demand for agricultural crops such as corn, soybean, and wheat are at record lows. the costs of farming have increased faster than productivity, leading to higher crop yields but lower profits. an influx of farmers entering the agricultural market has led to fierce competition, driving down revenues.

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.