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Varvara68 [4.7K]
2 years ago
6

Katniss works for the Panem Bureau of Economic Analysis. Panem produces three goods: bread and axes, as well as wheat, which is

used to make bread. The table below records the quantities and market prices of each good produced in 2020.
Quantity Market Price (in dollars)

Bread 9000.00 loaves $6.00

Wheat 2250,00 bushels $ 2

Axes 400.00 axes $50.00


Assuming Panem does not produce anything else in 2020, GDP is equal to $74000


Assume that from 2020 to 2021, Panem’s GDP grows by 14.00% and that the population of Panem grows from 200 to 212.00. Therefore, Panem’s per capita GDP growth is {ANSWERE HERE} %(round your answers to two decimal places).
Business
1 answer:
Wewaii [24]2 years ago
5 0

1. Assuming Panem does not produce anything else in 2020, GDP = 78500

2. Panem's per capita GDP growth is 7.55%

1. We have the following data to answer this question

9,000 loaves of bread = $6

2250 wheat = $2

400 axes = $50

<u>We have to first calculate for </u><u>GDP.</u>

GDP stands for gross domestic produce. This is the total sum of goods and services that were made in a particular area at a particular time.

GDP = price * product

Bread = 9000*6 = 54000

wheat = 2250 * 2 = 4500

axes = 400 * 50 = 20000

∑GDP = 54000 + 4500 + 20000

= <u>$78500</u>

Therefore if Panem does not produce anything else in 2020 GDP =  $78500

2. <u>We have to find the </u><u>GDP per capita</u>

\frac{GDP}{Population}

=\frac{78500}{200}

= 392.5

<u>The GDP increased by</u> 14%

= 78500 * 1.14

= 89490

<u>Population grew to </u><u>212</u>

\frac{89490}{212}

= 422.12

<u>The percentage</u><u> increase </u>

= (\frac{422.12}{392.5} -1)*100

= 7.55%

Read more on brainly.com/question/24886396?referrer=searchResults

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Answer:

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The matrix represents 4 situations namely:

1. Stars : Products with high market share in high growth markets i.e high- high situation.

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3. Question Mark: Products with low market share in a high growth markets.

4. Dogs:  Products with low market share in low growth markets.

In the given case, the product dominates the market i.e high market share. Secondly, it operates in a high growth market. Which means, the product belongs to the situation of a Star.

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Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few days, and she needs to decide right away how and where to purchase her books. Brita will most likely engage in "limited problem solving" process.

<h3>What is limited problem solving process?</h3>

Limited issue solving is another sort of consumer problem-solving that consumers employ when they need information about unknown brands in well-known product categories or when they make sporadic purchases of goods; it takes a fair amount of time for information collecting and consideration.

The characteristics of limit solving process are-

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Therefore, in the given case- Brita lacks the time to thoroughly consider all of his alternatives. Additionally, he will likely follow suit this time around given his recent success purchasing books online (unless he waited too long and cannot receive his books in time).

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Answer:

A. N0

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C. NO

Explanation:

a. No .Based on the information given the amount of $252,000 was NOT constructively received in the year 2020 reason been that She has the amount of $132,000 which is a deferred income amount that

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Answer:

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Explanation:

Calculation for Stanford Company's Working Capital

Using this formula

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Let plug in the formula

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