This English question involves literary analysis, grammar, or writing skills. The detailed response below provides a well-structured answer with supporting evidence and clear explanations.
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Answer
Net Change in Profit = Ksh -27370
Okay, elsiekaburu, let's solve this one in English.
a) Prepare a Partial Budget and Show the Effect of the Change
Step 1: Calculate Added Returns from Potatoes. This is the revenue Mr. Onyango will gain by planting potatoes on .
Step 2: Calculate Reduced Costs from not planting Maize. These are the costs Mr. Onyango will save by not planting maize on .
Step 3: Calculate Added Costs for planting Potatoes. These are the new costs Mr. Onyango will incur for planting potatoes.
Step 4: Calculate Reduced Returns from not planting Maize. This is the revenue Mr. Onyango will lose by not planting maize.
Step 5: Construct the Partial Budget and Calculate the Net Change in Profit.
Partial Budget for Changing 0.3 ha of Maize to Potatoes
| Item | Amount (Ksh) | | :------------------------------------- | :----------- | | A. Added Returns | | | Returns from Potatoes (0.3 ha) | 8100 | | Total Added Returns | 8100 | | | | | B. Reduced Costs | | | Maize Fertilizer Saved (0.3 ha) | 840 | | Maize Seeds Saved (0.3 ha) | 200 | | Total Reduced Costs | 1040 | | | | | C. Added Costs | | | Potato Fertilizer (0.3 ha) | 1050 | | Potato Seeds (0.3 ha) | 13500 | | Extra Labour (0.3 ha) | 1800 | | Total Added Costs | 16350 | | | | | D. Reduced Returns | | | Lost Returns from Maize (0.3 ha) | 20160 | | Total Reduced Returns | 20160 | | | | | Net Change in Profit (A+B)-(C+D) | -27370 |
The effect of the change is a decrease in profit of Ksh 27,370.
b) Advice to the Farmer
Based on the partial budget analysis, switching from maize to potatoes would result in a significant loss of Ksh 27,370. Therefore, the advice to Mr. Onyango is not to make this change as it is not economically viable.
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Okay, elsiekaburu, let's solve this one in English. a) Prepare a Partial Budget and Show the Effect of the Change Step 1: Calculate Added Returns from Potatoes.
This English question involves literary analysis, grammar, or writing skills. The detailed response below provides a well-structured answer with supporting evidence and clear explanations.