Business, 01.04.2020 20:23 Ayyyyeeeeeeewuzgud

Suppose a farmer in georgia begins to grow peaches. he uses $1,000,000 in savings to purchase land, he rents equipment for $90 comma 00090,000 a year, and he pays workers $130 comma 000130,000 in wages. in return, he produces 100 comma 000100,000 baskets of peaches per year, which sell for $4.004.00 each. suppose the interest rate on savings is 55 percent and that the farmer could otherwise have earned $45 comma 00045,000 as a shoe salesman.

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Suppose a farmer in georgia begins to grow peaches. he uses $1,000,000 in savings to purchase land,...