Which of the following is/are true about the agricultural adjustment administration?
1. it established minimum prices on many agricultural crops.
2. it killed off millions of pigs and cattle in order to keep prices high.
3. it generally transferred wealth from non- farmers to farmers.
4. it was struck down as unconstitutional by the supreme court.
5. all of the above.

Answer the following questions with true or false and provide a brief explanation (2- 3 sentences) a) economies of scale in production give rise to multi-product firms. b) ace hardware corporation is an example of economies of scale in production.

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?

Which of the following would be an accurate statement about achieving a balanced budget