This is a table showing the results of a regression of Quantity Sold (daily) on Price (our own, in dollars), Comp.Price (competitor price, in dollars), Population (in people) and AvgIncome (average household income, in thousands of dollars).
R-squared = 0.490
Adj R-squared = 0.482
Observations = 181
--------------------------------------------------------
QuantitySold | Coef. Std. Err. T stat P-value
-------------+--------------------------------------------
Intercept | 9.309 1.36 6.84 0.0000
Price | -599.6 170.1 -3.52 0.0005
Comp. Price | 155.3 4.76 32.6 0.0000
Population | .0956 .077 1.24 0.2166
AvgIncome | -.6570 .350 -1.88 0.0618
a. What is the estimated equation for our demand curve?
b. Are the slope coefficients for any of these variables statistically significant? (Briefly explain which and why)
c. What is the predicted effect on Quantity Sold if we lower our price by $1? What if we lowered it by 10 cents?
d. What percentage of variation in Quantity Sold is explained by this regressio
Answers
a) The estimated demand equation is QuantitySold = 9.309 - 599.6*Price + 155.3*Comp. Price + 0.0956*Population - 0.6570*AvgIncome.
b) Price and Comp. Price have statistically regression significant slope coefficients (p-values < 0.05), indicating their impact on Quantity Sold.
a) The assessed condition for the interest bend can be communicated as: QuantitySold = 9.309 - 599.6 * Cost + 155.3 * Comp. Cost + 0.0956 * Populace - 0.6570 * AvgIncome
b) The slant coefficients for Cost and Comp. Cost are genuinely huge. The p-values related with these coefficients are both not exactly the regular importance level of 0.05 (Cost: 0.0005, Comp. Cost: 0.0000). This demonstrates that adjustments of both our own cost and rival cost fundamentally affect the Amount Sold.
c) In the event that we bring down our cost by $1, we can utilize the coefficient of Cost (- 599.6) to assess the impact on Amount Sold. The anticipated impact would be an increment of roughly 599.6 units in Amount Sold.
Also, on the off chance that we bring down our cost by a dime, we would expect an increment of roughly 59.96 units in Amount Sold.
d) The R-squared worth of 0.490 shows that around 49% of the variety in Amount Sold is made sense of by the relapse model. This implies that the included factors (Value, Comp. Value, Populace, AvgIncome) aggregately represent close to half of the noticed variety in the Amount Sold.
The Changed R-squared worth of 0.482 considers the quantity of factors and the example size, giving a somewhat more moderate proportion of the model's illustrative power.
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Related Questions
What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?
Answers
Answer:hudsa
Explanation:uhsha
Stan works from home in Louisiana. His company is located in Washington. This work arrangement is
called
distance working
distant employment
nationwide employment
telecommuting
Answers
Answer:
telecommuting bc it's remote
In addition to intelligence collection, processing and exploitation, and analysis and production, what other results must collection managers continuously monitor for
Answers
The other results that collection managers should monitor for process effectiveness are disclosure to determine whether information requirements are met.
What is the role of a collection manager?Related to the supervision and control of an organization's collection department, generating effectiveness in billing and receiving payments.
Therefore, collection managers are professionals responsible for maintaining the company's financial balance in relation to negotiations with customers and partners.
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The conversion privilege allows investors to switch from one mutual fund to another within a: Group of answer choices management group. fund family. brokerage group. switched fund. convenience group.
Answers
The conversion privilege allows investors to switch from one mutual fund to another within a fund family.
A mutual fund investor's conversion privilege is the ability to shift money between various portfolios provided by the same mutual fund family without incurring another sales charge.
Most mutual fund providers will provide investors with the ability to transfer money across the fund's various holdings.
As their investing objectives change or market conditions change, investors may desire to move money to portfolios with alternative investment objectives. Selling and buying portfolios at the NAV will trigger a taxable event for the investor.
Therefore, the correct option is fund family.
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Recently, the cable television networks have bombarded viewers with a variety of shows based around teams that come in to redecorate homes and gardens in a very short time frame. Since these teams are typically made up of men and women of different ethnic backgrounds, age, and physical capabilities, the fact they work so well with each other to accomplish the redecorating goal is an example of ____.
a. discrimination heterogeneity
b. social integration
c. organizational plurality
d. acculturation
e. an integrative locus of control
Answers
Answer:
social integration. i hope this helps for you!
Explanation:
a) A man has $4.55 in change composed entirely of dimes and quarters. What are the maximum and minimum number of coins that he can have? Is it possible for the number of dimes to equal the number of quarters? (b) The neighborhood theater charges $1.80 for adult admissions and $.75 for children. On a particular evening the total receipts were $90. Assuming that more adults than children were present, how many people attended? (c) A certain number of sixes and nines is added to give a sum of 126; if the number of sixes and nines is interchanged, the new sum is 114. How many of each were there originally?
Answers
The man has a minimum of 14 coins and a maximum of 50 coins. It is not possible for the number of dimes to equal the number of quarters.
Let's assume the number of adult admissions is x and children's admissions is y. Therefore, the number of adults was greater than the number of children, and the total receipt was $90. Also, the theater charges $1.80 for adult admissions and $.75 for children.
Now, as per the given data, we can form two equations:
x + y = the total number of people (equation 1)$
1.80x + $0.75y = $90 (equation 2)
To solve these equations, we can multiply equation 1 with 1.80 and subtract it from equation 2.
Let's solve the equation:
(1.80x + 1.80y) - (1.80x + 0.75y) = 90 - (1.80 × total number of people)y = 3.6(total number of people - 50)
As the number of adults is greater than children,
the value of x is greater than y.
Also, the number of attendees cannot be a fraction, so we can try different values of y to find a suitable value that satisfies both the above conditions.
By substituting the value of y in equation 1, we can calculate the value of x.
Let's try different values of y:
y = 1, then x = 89y = 2, then x = 88y = 3, then x = 87y = 4, then x = 86
From the above calculations,
it is evident that y = 4, and x = 86 satisfy both conditions.
Hence, 86 adults and 4 children attended the show.
c)There were 45 sixes and 81 nines originally.
The steps to solve this problem are as follows:
Let the number of sixes is x and the number of nines be y.
Therefore, x + y = 126 (equation 1)6x + 9y = 1260 (equation 2)Dividing equation 2 by 3,
we get,2x + 3y = 420 (equation 3)Multiplying equation 1 by 2 and subtracting it from equation 3, we get:
y = 54Substituting the value of y in equation 1,
we get:
x + 54 = 126
Therefore, x = 72
Hence, there were 72 sixes and 54 nines originally.
If the number of sixes and nines is interchanged, the new sum is 114. Therefore, the number of sixes and nines interchanged were 54 and 72, respectively.
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chang industries has bonds outstanding with a par value of $221,600 and a carrying value of $235,400. if the company calls these bonds at a price of $228,000, the gain or loss on retirement is:
Answers
The gain or loss on retirement is $7,400 gain. The correct option is B.
Explanation:In accounting, the difference between the carrying value and the redemption price of a bond is referred to as a gain or loss on redemption or retirement. As a result, we must first determine whether a gain or loss will result from the retirement of the bond.
Chang Industries' bonds outstanding have a par value of $221,600 and a carrying value of $235,400. As a result, the carrying value of the bond exceeds its par value. The redemption price of the bond is $228,000. As a result, the carrying value of the bond must be reduced to the redemption price of the bond.
As a result, a gain on retirement of $7,400 would be recorded ($235,400 – $228,000 = $7,400).
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Complete Question
chang industries has bonds outstanding with a par value of $221,600 and a carrying value of $235,400. if the company calls these bonds at a price of $228,000, the gain or loss on retirement is:
Multiple Choice:
A) $7.400 loss
B) $7,400 gain
C) $13.800 gain
D) $6.400 loss
E) $6,400 gain
who is johnny sins?
A - a doctor
B -dentist
C -firefighter
Answers
Answer:
A-doctor
Explanation:
during year 1, reforce company conducted research and development on a new product and incurred $120,000 research and $600,000 development cost. the company had determined that all of the ias 38 criteria have been met for capitalization of development cost. on january 2, year 2, the product is ready for sale and is expected to be marketable for 3 years. what was the difference between ifrs and u.s.gaap for year 1 net income? group of answer choices there was no difference for net income under ifrs and u.s.gaap. net income under ifrs was $720,000 higher than net income under u.s.gaap. net income under ifrs was $600,000 lower than net income under u.s.gaap. net income under ifrs was $600,000 higher than net income under u.s.gaap.
Answers
Net income under IFRS was $600,000 higher than net income under U.S.GAAP.
Define U.S.GAAP.The U.S. Securities and Exchange Commission's generally accepted accounting principles (GAAP) are automatically followed by all firms with headquarters in the United States. While GAAP is solely utilised in the United States, IFRS is a widely adopted accounting standard. GAAP is based on research and rules and examines broad trends, whereas IFRS is founded on principles. For inventory computations, GAAP applies the Last In, First Out (LIFO) concept.
A U.S.-based standard is generally accepted accounting principles, or GAAP. A set of accounting rules known as International Financial Reporting Standards (IFRS) describes how particular kinds of transactions and other events should be represented in financial statements.
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there are certain objectives advertising can achieve—particularly creative goals—only with traditional mass media that digital, social, and mobile media cannot match. true or false
Answers
True. While digital, social, and mobile media offer unique benefits and capabilities, traditional mass media such as TV, radio, and print can still provide a level of reach and impact that cannot be replicated by digital media alone.
Additionally, certain creative goals, such as creating a memorable jingle or delivering an emotional message through a visually stunning TV ad, may be better achieved through traditional mass media.
Digital media refers to any content or information that is created, stored, and transmitted electronically. It encompasses a wide range of media types, including text, images, audio, video, and interactive content.
Digital media has become increasingly prevalent in our daily lives and has transformed the way we consume and interact with information and entertainment.
Digital media continues to evolve rapidly, driven by advancements in technology and changing user preferences. It has significantly impacted industries, communication patterns, and consumer behavior. Understanding digital media and its implications is important for individuals, businesses, and society as a whole.
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Kira, the general manager of a travel agency, believes that her workers are responsible and capable, and that they can be trusted when given responsibility. Kira is an example of a ________ manager.
Answers
Kira is a theory Y manager if she believes that her workers are capable and can be trusted to meet up with responsibilities.
Who is a Theory Y manager?This is a term that is used to refer to managers or people that have an optimistic approach to life and people.
The people like Kira are trusting and love to use a participatory style of management.
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Carrie made an initial investment of $50,000.the final value of her investment was $55,500.what was the roi?
Answers
Answer:
sorry i am not good with this subject i want to help but i cant sorry
Explanation:
since NJ is a small state with an economy linked to nearby states that is
Answers
Answer:
Chlorine
Explanation:
when do the parents enter the echo stage
Answers
Answer:
About 10 years before retirement cause children become less dependent cause they leave for college or move away.
Explanation:
Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt
Answers
Answer:
the letter C
Explanation:
pa brainliest nalang po kung tama
Your personal credit reflects income versus debt. Option D is an appropriate response.
What is personal credit?The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.
That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.
Your personal credit reflects income versus debt.
Hence, Option D is an appropriate response.
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what's two examples of a direct competition?
Answers
Answer and Explanation:
Direct competition is a type of competition where two or more businesses offers the same kind of product and compete in the similar market.
The examples like dominos versus pizza hut in terms of food, HP versus Dell in terms of laptop
So in this examples they sell the same kind of products and compete each other
What part of the business letter contains the return address
a) Inside address
b) Body
c) Heading
d) Complimentary close
Answers
Answer:
its Heading beacuse you are putting your name and the date
As children, we just have one or two things, but as adults, we have a complete bag of balls that we are attempting to maintain in the aif. Consider all the roles you may be playingwife, mother, daughter, employee, student, military spouse fwhich, while technically a "wife" role, has its own unique issues, so I think we can call it out individuallyl. PTA member, church conmittee chair, blopeer, bock dub member, etc. In addition, the upcoming holiday saason will make you further busier. Last year, during the fall I was attending classes and learning a new job which was very complex. Being a full-time student along with working a full-time job can be chatlenging. Being able to balance work and school can be challenging because i feel like l've been prioritizing work above study. I need to earn money for school, so I must work. For scholarships and decent grades, I still need to continue my education. College is largely dependent on finances. You cannot obtain an education without money. In my case, not working will prevent me from having money or a good education. But I have found that being organized can make it a bit better. However, when learning a new job that is complex you can tend to get overwhelmed. Which happened to me, I felt like every time I completed an assignment at school that was difficult and time-consuming. I was faced with even a more difficult task at work. At times I felt like giving up and hiding trom the world and my responsibilities. The painful reminders that there Through completing the Business Writing Assignment, you constructed a workplace document and engaged in the writing process by taking your instructor's feedback and employing it to improve your assignment. It is important to take time to reflect on your own writing process to hone the process and use it to empower you to improve your process over time. Locate your Business Writing Assignment and evaluate what you wrote. Since this is a reflection, you can include your emotions and reactions, and use the first person ("I′′ ) to write your reflection. In a 550-word reflective response, complete the following elements:
- Discuss your experience writing your assignment, reviewing your instructor's initial feedback, and revising your response.
- Explain some of your writing process and what you thought worked well. - Also, detail some of what in your process you will look to improve for next time.
Answers
Writing the Business Writing Assignment was a challenging yet valuable experience. Receiving and implementing feedback from my instructor helped me improve my work, and I realized the importance of reflection and continuous improvement in my writing process.
Writing the Business Writing Assignment was a journey that involved multiple stages. Initially, I invested time and effort into constructing a workplace document, aiming to meet the assignment requirements. However, it was the process of reviewing my instructor's initial feedback that truly enhanced my understanding and propelled me towards improvement.
By carefully considering the feedback, I gained valuable insights into the strengths and weaknesses of my writing. It allowed me to identify areas that required refinement, such as clarity, organization, or the inclusion of specific details. Armed with this knowledge, I embarked on the revision phase, diligently incorporating the suggestions and making necessary adjustments.
Throughout the writing process, I found certain aspects of my approach to be effective. For instance, I appreciated the value of planning and outlining before diving into the actual writing. This allowed me to structure my ideas and ensure a logical flow in the document. Additionally, seeking feedback from peers or colleagues provided valuable perspectives and helped me fine-tune my work.
However, I recognize the need for improvement in certain areas of my writing process. One aspect I aim to enhance is time management. As the assignment coincided with a busy period in my life, I realized the importance of allocating dedicated time for writing, revising, and incorporating feedback. Improving this aspect will ensure a more balanced and efficient writing process in the future.
In conclusion, the experience of writing the Business Writing Assignment, coupled with the invaluable feedback from my instructor, taught me the significance of reflection and continuous improvement. Through careful analysis of my writing process, I identified strengths to build upon and areas to refine, emphasizing the importance of time management and seeking constructive feedback for future assignments.
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Write the advantages of Micro Hydro Power
Answers
Explanation:
mhp. is renewable, robust, and simple technology. it only takes a small amount of flow (as little as few liters per minute) or a drop as low as 1m to generate electricity with micro hydro
hope this was helpful
pls give me brainlist
Which techniques would you recommend that eBay's leadership utilize to overcome resistance to change in this situation? Check all that apply.
a. Encourage employees to participate in implementing the change.
b. Discourage stakeholders from expressing anxiety about the change.
c. Announce the change well in advance.
d. Remove displaced workers from the organization before they can negatively influence organizational morale.
e. Eliminate the ability for stakeholders to learn about the consequences of the change.
Answers
Option a) Encourage employees to participate in implementing the change and option c) Announce the change well in advance, are techniques that the most effective ones for eBay's leadership.
A. Encourage employees to participate in implementing the change - This can help to increase employee buy-in and ownership of the change, and can also lead to more creative solutions and ideas for how to implement the change effectively.
C. Announce the change well in advance - This can help to mitigate any surprise or shock that employees and other stakeholders might feel when the change is implemented, giving them time to enhance and prepare and adjust to the new reality.
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Before heavily soiled condiment pans are washed and sanitized they should be
Answers
Answer:
degreased
Explanation:
Degreasing can be defined as the removal of grease stains, etc in cooking utensils from pans to pots, etc. Degreasing is one of the cleaning procedures. its aim is to ensure that sticky or grease stained cooking utensils and equipment in the kitchen are properly removes before washing and sanitizing.
Cheers
the operating cycle of a merchandiser with credit sales includes the following five activities. with merchandise acquisition as the starting point, arrange the events in the correct order.
Answers
The arranging activities after merchandise acquisition are as follows: Purchase merchandise; → Prepare merchandise for sale → Make credit sales to customers → Monitor and service accounts receivable → Collect cash from customers on account.
What does it mean to purchase goods?The process of discovering and buying products from manufacturers and sell on their behalf is known as merchandise buying and is a crucial component of retail management.
What does inventory in company mean?Everything you do to market and sell your items once a potential customer enters your store is known as merchandising. Products that are for purchase, typically in a retail context, are what we mean when we talk about goods.
Is merchandise a form of business?One of the most prevalent business models is a merchandising firm. A company known as a merchandising firm buys finished goods and resells them among customers. Take your neighborhood grocery store or apparel retailer as examples. These are both retail businesses.
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I understand that the question you are looking for is:
The operating cycle of a merchandiser with credit sales includes the following five activities. Starting with merchandise acquisition, with merchandise acquisition as the starting point, arrange the events in the correct order.
a. purchases of merchandise.
b. credit sales to customers.
c. inventory made available for sale.
d. cash collections from customers.
e. accounts receivable accounted for
how to convert ration 13:25 into fraction,decimal and percentage pleas help and with full solving and explanation
Answers
Answer:
13/250.5252%Explanation:
13:25 is just a fraction (13/25)
13:25= 0.52 (decimal)
So when you divide 13 by 25, you get 0.52. To make that into a percentage, you just multiply it by 100 (move the decimal over 2 places to the left). That gives you 52%
Where would you measure angles?
A) Driveline components
B) Bolt
C) Fasteners
D) All of the above
Answers
Driveline components (option A) are where I would measure angles.
What is angle measurement?The amount of rotation from point A to point B is described as an angle measurement. It is important to mention that the if the rotation is carried in a clockwise direction, then such an angle is called a positive angle. If the rotation is carried out in the anticlockwise direction. Then such an angle is called a negative angle.
Driveline components are described as the various components in a vehicle that allows the wheels to rotate by transferring power to the wheels from the transmission. Angles are measured in a driveline and the angle is kept within one degree with respect to the other components.
It can be concluded that driveline components (option A) are where I would measure angles.
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What is the difference between your marginal and effective tax rates?
Answers
The two tax rates differ in the following ways: The margin is the amount you must pay on your subsequent dollar of income.
How does the effective tax rate differ?
Actual tax rate: This represents the average tax rate for a taxpayer, or the percentage of their annual income that must be allocated to paying taxes. The amount of tax that is levied on each successive level of income is known as the marginal tax rate.
How are the effective tax rate and marginal tax rate determined?
A marginal tax rate is the top tax bracket that an individual or corporation is subjected to depending on the highest income band that their earnings are classified under. By subtracting the actual income tax expense from the actual net income of the business, an effective tax rate is determined.
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Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 credit balance; and credit sales of $100,000. Based on an aging of its receivable, management estimates that $1,000 of receivables will be uncollectible. Delectable's financial statements will show ______. (Select all that apply.)
Answers
Answer:
Allowance for Doubtful Accounts of $1000 credit balance and Bad Debt Expense of $950 ($1000- 50 (unadjusted))
Explanation:
Delectable, Inc.'s unadjusted trial balance contains $10,000 in accounts receivable, $50 in allowance for doubtful accounts, and $100,000 in credit sales. Management predicts that $1,000 of receivables will be uncollectible due to aging. The financial statements for Delectable will indicate
Allowance for Doubtful Accounts of $1000 Bad Debt Expense of $950 Thus, option (b) and (e) is correct. What is Management?The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession. Management are they manage the organization. Management are based of the different functions are the step by step.
According to the management credit balance of $1000 and the Allowance for Doubtful Accounts of (1000-50)
Journal Entry Debit Credit
Bad Debts expenses 950
Allowance for Doubtful Accounts 950
Therefore, option (b) and (e) is correct.
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Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,000. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and is demanding payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refused to pay Taso and Taso sues Cara, what is the most damages Taso will be entitled to recover
Answers
Here's link to the answer:
bit.\(^{}\)ly/3a8Nt8n
A cover letter does all of the following EXCEPT:
Sells you as the best candidate for the job
Introduces you and summarizes your resume
Explains why you don't meet every qualification of the job
Explains why you are interested in the job
Answers
A cover letter does not explain why we don't meet every qualification of the job. The correct option is c.
What is a cover letter?A cover letter can be understood as a written document which is submitted with a job application outlining the applicant's credentials and interest in the open position. A cover letter is often one of only two documents sent to a potential employer, therefore, a well or poorly-written letter can impact whether the applicant is called for an interview. A cover letter which is good complements the resume and explains why the candidate is the ideal person for the job.
Cover letter mistakes can sink a job applicant.
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Which of the following tends to be the source of the most commonly reported contingent liability? a. warranties b. natural disasters c. lawsuits.
Answers
Among the options provided, lawsuits tend to be the source of the most commonly reported contingent liability.
Contingent liabilities are potential obligations that may arise in the future, depending on the outcome of certain events or conditions. Lawsuits often lead to contingent liabilities because legal actions can result in potential financial obligations for individuals, organizations, or companies.
Lawsuits can arise from various reasons, such as contractual disputes, personal injury claims, intellectual property infringement, and many other legal issues. These potential liabilities are reported in financial statements to provide transparency and information to stakeholders about the potential impact on the entity's financial position. While warranties and natural disasters can also give rise to contingent liabilities, lawsuits generally represent a more common source.
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two farmers agree that pigs are worth $\$300$ and that goats are worth $\$210$. when one farmer owes the other money, he pays the debt in pigs or goats, with ``change'' received in the form of goats or pigs as necessary. (for example, a $\$390$ debt could be paid with two pigs, with one goat received in change.) what is the amount of the smallest positive debt that can be resolved in this way?
Answers
Pigs are valued at $300, and goats are valued at $210, according to two farmers. A farmer will trade pigs or goats for money owed to him by another farmer.
Do you trust farmers?
The cultivation of living things for food or raw resources is the work of an agriculturalist. Those that cultivate various field crops, orchards, vineyards, poultry, or other livestock are often referred to by this moniker. In addition to working as a labourer on property that is owned by others, a farmer may also be the land's owner. Despite differences in degrees and ranks, the level of faith in farmers can be shown in every survey. Another piece of proof for this was provided by a recent survey conducted by the American Farm Bureau, which showed that 88% of Americans have faith in farmers.
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