1. Sorghum Production (Bushels)
EQ #7 – AGEC 105
(4 pts in total)
Capps – October 7, 2013 1.
Land
(Acres)
Fertilizer
(Tons)
Sorghum Production (Bushels)
MPP
APP 4 40 68 - ? 75
1.25
TPP curve or production function

2. EQ #7 – AGEC 105 Random Questions
(4 pts in total)
Capps – October 7, 2013
2. (1/2 pt) Which of the following is (are) a condition for perfect
competition?
(a) Few sellers
(b) Differentiated or non-homogeneous products
(c) Barriers to entry and exit
(d) None of the above
_____________________________________________________________
Random Questions
Counting the current government shutdown, historically how many
shutdowns have occurred in U.S. history? 18
Net income for the Sysco Corporation (Systems and Services Company)
in 2010 was $1.18 billion. Revenue in 2010 amounted to $37.24 billion.
What was the profit margin for the Sysco Corporation in 2010?
3.17%