Provide an Appropriate Response

question 424

Multiple Choice

Provide an appropriate response.
-The number of farms in a certain country since 1940, in millions, can be approximated by 308) evaluating the polynomial 0.000026045689x3 - 0.1522580959x2 + 296.5669762x - 192,464.713, where
X is the year in question. Evaluate the polynomial for x = 2010 to determine the number of farms in
2010. Round the answer to the nearest million farms.

• A) 7 million farms
• B) 6 million farms
• C) 3 million farms
• D) 4 million farms

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Definitions:

Inventory Investment

The commitment of resources towards the acquisition and holding of stocks or goods to be sold or used in future production processes.

Level of Inventory

Level of Inventory refers to the quantity of goods or materials on hand at a particular time within a business.

Inventory Investment

The purchase of goods and materials that are not immediately sold but are kept in stock for future sales or production.

Level of Inventory

The quantity of goods, materials, and products held in stock by a business at a specific point in time.