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MIHIR KELKAR

· started a discussion

· 1 Months ago

wrong (Question: 172615.0 )

how the rate per quintal is 39 when its is 40 in the question?

Question:

DIRECTIONS: Study the following graphs carefully and give the answer of following questions: 


The line graph gives the global prices for coffee seeds (in $ per quintal) and the risk premium (percentage of price) for the period 1980-2004


The pie chart gives the breakup of the global price of coffee seeds in 2004




The global price for coffee seeds remains the same across the different coffee producing countries for the given year. 

If 1000 quintals of coffee seeds were produced by Mexico in 2004, what is the ‘Search and Production Cost'?

Options:
A) $9500 
B) $10100
C) $10530
D) $10800
E) None of these 
Solution:

Ans(d):

The price of 1000 quintals at the rate $40 per quintal is $40000 in 2004. 

Search and Production Cost = 27% of coffee seeds price = 0.27 × 40000 = $10800. 

ARCHANA SONONE

· commented

· 1 Months ago

its nt 39,,its clearly seen 40

Knowledge Expert

· commented

· 1 Months ago

its 39...check once again.....
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