In 2009, an Agricultural Company Introduced a New Cropping Process

question 24

Multiple Choice

In 2009, an agricultural company introduced a new cropping process which reduced the cost of growing some of its crops. If sales in 2008 and 2009 were steady at $25 million, but the gross margin increased from 2.3% to 3.4% between those years, by what amount was the cost of sales reduced?

• A)$575 000
• B)$325 000
• C)$275 000
• D)$425 000

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Definitions:

Burnout

A state of physical, emotional, and mental exhaustion caused by prolonged stress or frustration, particularly in the workplace.

Dropout

An individual who has left a course of study or training before completing it, often implying discontinuation from formal education.

Casualty

An unintended adverse outcome or damage resulting from an event, often used in the context of accidents or military engagements.

Group Therapy

A form of psychotherapy that involves one or more therapists working with several individuals at the same time, often utilized for its support network and cost-effectiveness.