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konstantin123 [22]
1 year ago
7

More abundant leisure increases ______, but it ______ real gdp.

Business
1 answer:
SSSSS [86.1K]1 year ago
7 0

More abundant leisure increases Social Welfare, but it decreases real GDP.

<h3>What is GDP?</h3>

GDP also known as the gross domestic product is the monetary measure of the market value of all products and services produced in a country within a particular period of time.

When a country increases its leisure, it increases the level of social welfare but at the same time decreases the value of the GDP of that country.

Learn more about GDP here:

brainly.com/question/1383956

#SPJ12

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I�MaPizzaCO. Produces and sells specialty pizzas. Last year, it produced 8,000 mushroom, sausage and spinach pizzas and sold eac
8_murik_8 [283]

Answer:

Average fixed cost to produce 8,000 specialty pizza was $2

Explanation:

The computation of the average fixed cost is shown below:

Average fixed cost = (Total fixed cost) ÷ (number of pizzas produced)

where,

Total fixed cost = Total cost - variable cost

                          = $40,000 - $24,000

                          =  $16,000

And, the number of pizzas produced is 8,000

Now put these values to the above formula

So, the value would equal to

= $16,000 ÷ 8,000

= $2

5 0
2 years ago
A recurring theme in economics is that people:
Leni [432]

Answer:

D. Have unlimited economic wants, but limited resources

Explanation:

Economics studies human behaviour in relation to ends and scarce means. Wants are unlimited but the resources to satisfy these wants are limited hence the resources are used to meet the unlimited wants in order of importance (scale of preference).

The wants forgone are known as the opportunity cost of the wants that are satisfied with the limited resources.

Hence a recurring theme in economics is that people have unlimited economic wants, but limited resources.

3 0
3 years ago
Read 2 more answers
Kate's 24-Hour Breakfast Diner menu offers one item, a $5.00 breakfast special. Kate's costs for servers, cooks, electricity, fo
mamaluj [8]

Answer:

Kate will continue to operate in the short-run but plan on she will  exit the business in the long-term

Explanation:

Kate's decision should be guided by her business's performance in terms of profitability. Kate is selling her meal at $5, but her total cost of serving the meal is $5.20.  It means the business is operating at a loss.

Kate must start plantation on how she will leave that business. She may continue operating but only for a short while. Soon, she will find it hard to stay open because the business is loss-making. Kate will, therefore, continue operations in the short run. In the long term. Kate must plan on exiting the business.

4 0
2 years ago
At work, walter feels overworked and unappreciated. he often imagines himself receiving a surprise visit from the ceo, who prese
noname [10]
The appropriate response is fantasy. A fantasy is a circumstance envisioned by a person that communicates certain yearnings or goes for the piece of its maker. Fantasy at times include circumstances that are exceedingly far-fetched, or they might be very practical. Dreams can likewise be sexual in nature.
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3 years ago
On January 1, 2020, Pharoah Company, a calendar-year company, issued $1680000 of notes payable, of which $420000 is due on Janua
irinina [24]

Answer:

Option C.

Current liabilities, $420,000;

Long-term Debt, $1,260,000.

Explanation:

The reason is that the amount that will be paid within the next 12 is current liabilities, so the amount $420,000 is current liability as it will be paid within the next 12 months. So the remainder of the amount that is not payable in the next 12 months is long term liability.

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Long Term Liability = $1,260,000

7 0
2 years ago
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