With a 100 percent over the same period, change in real output is $0 million
With a 0 percent increase in price, the change in real output is $100 million.
What is the expected revenue based on 100% increase?
The expected revenue based on the 100% increase in price of mined gold is $200 million, which means that if the actual revenue is $200 million, then it means the real output change is $0.
However, if there was no 0% change in price of newly mined gold, then the real output change is the excess of the next year forecast sales revenue over the current year actual sales revenue which is $100 million($200 million-$100 million)
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Full question:
Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $100 million to $200 million between one year and the next. Assuming that the price of gold increased by 100 percent over the same period, by what numerical amount did Glitter Gulch’s real output change? If the price of gold had not changed, what would have been the change in Glitter Gulch’s real output
<span>A firm is located along a
river, which uses water from the river to cool its machinery and returns the
water to the river several degrees warmer, which has led to a decline in the
fish population downstream of the firm. If the firm does not have to pay for
the damage to the downstream fish, the market equilibrium price will be efficient
and the market equilibrium quantity will be efficient.</span>
Answer:
Contingent workers
Explanation:
Contingent workers are people hired to do a specific assignment in an organization. They consist of independent workers, freelancers, consultants, out-sourced employees, and other non-permanent workers who are hired on per job basis. Contingent workers are not considered employees of the organization.
Contingent workers are usually highly skilled, unlike most of the temporary workers. They are hired to work on specific tasks in their areas of specialization. Contingent workers exit a company after their task is completed. They may be re-hired by the same company or any other institution. For example, a tax consultant may be contacted to do tax calculations in a company. Once the assignment is over, they get paid and leave the organization.
Answer:
160,000 units
Explanation:
Step 1 : Determine the Sales Mix
Bramble : Standard
60000 : 40000
3 : 2
Step 2 : Determine the Overall Break even Point
Break even Point = Fixed Cost ÷ Contribution per unit
= $2400000 ÷ $30
= 80,000
Step 3 : Determine break-even point for Standards
Standards Break even point = 80,000 x 2
= 160,000 units
Thus,
Bramble Corp would sell 160,000 units of Standards at the break-even point
Answer: Public relations
Explanation:
Public relations is the practice of cautiously managing information spread and release between individuals, organizations and the public. Public relations is internally controlled.
Public relations professionals are employed to help shape an organization's image as they help in building the brand, spreading organization's message and also minimizing the effect of negative publicity.
Connect Wireless, changing its name to M-Mobile and also replacing its spokesperson Robert Garmon with Catherine Naylor is an example of public relations.