Suppose that a small family farm sold its output for $100,000 in a given year. the family spent $25,000 on fuel, $40,000 on seed, fertilizer, and pesticides, and $25,000 on equipment, including maintenance. the family members could have earned $20,000 working at other occupations.

what is the economic profit at the family farm?

The economic profit is $10,000.

Step-by-step explanation:

A small family farm sold its output for $100,000

The family spent on fuel = $25,000

The family spent on seed fertilizer and pesticides =  $40,000

The family spent on equipment and maintenance = $25,000

They spent total = 25,000 + 40,000 + 25,000

                           = $90,000

The economic profit at the family farm = 100,000 - 90,000

                                                                =  $10,000

The economic profit is $10,000.

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step-by-step explanation:

3. (5x + 1) - (-10x + 6)

simplify the answer choice. combine like terms. remember to distribute the negative to the terms inside the second parenthesis. also remember that two negatives = one positive, and one of each sign = negative.

- (-10x + 6) = + 10x - 6

simplify. combine like terms:

5x + 1 + 10x - 6

5x + 10x + 1 - 6

15x - 5

∴ it is your answer

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