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Which of the following would NOT be an example of capital in agricultural economics? money in a savings account a pick-up tru
Number of Workers Output (A) (B) (D) ATC 0 0 $100.00 $100.00 S - 20.00 $100.00 $120.00 $ 24.00 $ 9.33 2 15 40.00 $140.00 $100
Number of Workers Output (A) (B) (D) ATC 0 0 $ 100.00 $ 100.00 $ 1 20.00 $120.00 $100.00 $ 24.00 2 15 40.00 S140.00 $ 100.00
(13 of 16) Number of Workers Output (A) (B) (D) ATC 0 0 $100.00 $100.00 $ 24.00 5 20.00 $120.00 $100.00 $ 9.33 $140.00 $100.0
Number of Workers Output (A) (B) (D) ATC 0 $ $100.00 $100.00 1 5 $ 20.00 $ 120.00 $100.00 $24.00 15 40.00 $140.00 $100.00 $9.
Number of Workers Output (A) (B) (D) ATC 0 0 $100.00 $100.00 $ 5 $100.00 20.00 $120.00 $ 24.00 21 $100.00 $ 9.33 15 $140.00 4
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Answer #1

money in savings account is not directly related to agriculture

Column A = TVC

Column D = TFC

Column B = TC

AFC for 15 units of output = 100/15 = $ 6.67

Value of TC for 5 units of output = $ 120

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