Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scenario: (note that this scenario is identical for all the questions on this quiz) My father is 83 years old. He retired from full-time farming

Scenario: (note that this scenario is identical for all the questions on this quiz) My father is 83 years old. He retired from full-time farming 20 years ago. He owns a 180-acre parcel of farmable land. Based on the data provided and the information in the "At A Glance 2023" article, answer the following questions: Which farm typology, or classification, best describes my father's situation?

1. Low sales farm

2. Retirement farm

3. Off-farm-occupation farm

4. Farming-occupation farm

https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5c0f632563f2b/56364693?X-Blackboard-S3-Bucket=learn-us-east-1-prod-fleet01-xythos&X-Blackboard-Expiration=1710882000000&X-Blackboard-Signature=pwxs6L2W4Je%2F3bkO%2BrgNXvuZkYrtizuIPjyucfZ14IU%3D&X-Blackboard-Client-Id=100967&X-Blackboard-S3-Region=us-east-1&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27America%2527s%2520Farms%2520and%2520Ranches%2520at%2520a%2520Glance%25202023%2520ed%2520eib-263.pdf&response-content-type=application%2Fpdf&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEOn%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCXVzLWVhc3QtMSJHMEUCIBe5NDyu7QaJftQ4FA89VzTz3YgnNOxN%2FjEbqUa4FnX8AiEA661MV1E4TjO8j6ZXu%2BE4k03RL5VzQfm7syekb5T0Q2YqvQUI8v%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARADGgw2MzU1Njc5MjQxODMiDPj18m8rxJjHfNZwNSqRBUBXb3GbPCCSasAh4rmLNRmjmYSSBx3Nhc6W%2BjAVTxDoX0U7JlcZERzgbQGIrD7W0jqLgJlM1lPY4%2FjPXizmR5mTvMvGN1MRQBRYo5UdVicMnlwFRUxPtzVmRsbjSPT4ufmVO3WA7%2FJN30o%2FICF%2F7LXlsIpTrNfH1uaDFTIxzQnAhMRaCafmpO1O5ywkHQq9EGxLeAj5DgeOh6Pr%2FzKBPqiG8mxGKQSD%2BCqvFow5iYNAZni8fpc57%2B7fru430KGBmtfuTAxk6EChrumvo7NFaGYPEeNKlW3B98bO%2Bi%2FlJcHPNSSJb4FFCDZciD9eF%2Fm2OxrYpTUCxn%2FI7x1WJvMpkHTonhncrFW%2BCTnYeepxzZi406tKOlHH7e8hbaE2Xgg0yr5GRn4lL%2Bfc1OU7QtKXBOmheQnIhpzKVB7snq7fS9xHUhXcIA6OM7bXFRy%2F7LSF7avFWiJ9j7X1y8eVirxMqnb53wbtzEnKlFIeQLAhwNMBm6kpFqAG2Vaw%2FIScghGb89nNldTHEG09ahBNnGTaGk5c4kBQCeCanbkSc90fc1XeSJHSJ5iWWo3YnVmoULpln2Od5Df9U8kMb3u9TBtvijDEzI2PaE7ZKggQWn6YHMhnl%2FSVV7pheV9frTcj1jcPSaYVfB9Y45hT6BINzSBZ4tYYde1uqqokVP5tREdjlvOKR0fwdmv793xlqxib5psp1MAghgEE37ccGdQA2%2FKVxselDB4ZFgCVwsaeTHNrlg1dzWTdwbHO9NFQMjWNMJS3pmFDb5wzo%2FU5lOsRFyrPQl2a35HqDyGD3qfpbiRHxX7cTM2qIULncr4yuJGgvA17tBiJaOxdi1DMfvWZA%2BZxmq878EhKbf0%2FHJiruCfE3BajADD5heevBjqxAfeLnJ%2F0E7sVbKUEhjWzNJjz9WJVQLETMxbhrwVuYwxQaV5B7dsVIEP3T0q8l5MrUUOVFUxit8ta6o%2BbOmFVA5tH2Lag3rGL7aCQTK%2FAYnEASDx0JcJaYlVZpeBeRoNQ28OwOL1D%2BE8n71v7Ak2yzIA%2FldBE4a4gzaeHsURuZJvUCCE5MmThYu58x2zOhF2nISblTlAHYw%2F3e7pzpn4kXqlARj0ODPlM%2BHgOXTd1lc3rsw%3D%3D&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20240319T150000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=ASIAZH6WM4PL5RK4CWPE%2F20240319%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=7fe2a02917f1e5058c30465a3a473b22546418b427f6d448fe7a6fe56cf45c83

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Leading and Collaborating in the Competitive World

Authors: Thomas S Bateman, Scott A Snell, Robert Konopaske

13th edition

1259927644, 1259927645, 978-1260194241

More Books

Students also viewed these Economics questions

Question

1. Too understand personal motivation.

Answered: 1 week ago