Answer:
B. Lower GDP
Explanation:
GDP (Gross Domestic product) represent the monetary value of all goods and services that produced in a country within a specific year.
GDP is calculated with this formula : GDP = C + I + G + (X – M)
C : The amount of private consumption
I : Investment
G : Government spending
X : Export spending
M: Import spending
As you can see, M is the only one with (-) value . Which mean that if M is increased, the total amount of GDP will be decreased.
Answer:
These are the options for the question:
A) 725
B) 423
C) 304
D) 524
And this is the correct answer:
A) 725
Explanation:
The total gross revenue under that level of production is: 725 x $31 = $22,475.
The variable costs are: 725 x $18 = $13,050
And the fixed costs are = $3,925
Now we simply substract the total variable costs and fixed costs from the gross revenue to obtain our desired net income:
$22,475 - $13,050 - $3,925 = $5,500
Answer:
changes in the quantity being produced.
Explanation:
There are primarily two types of costs, i.e. variable costs and fixed costs. The variable cost is the cost that varies when the level of production changes while the fixed cost is the cost that remains unchanged whether or not the level of production changes
So, indirect material, indirect labor, and factory supplies are included in the variable cost, and the fixed cost includes supervision, taxes, and depreciation costs.
B. a demand chart is what i think
Answer:
Multiply all goods, services, and structures produced inside our national boundaries in a 12-month period by their prices, then add them up
Explanation:
GDP is the total value of goods and services produced within the boundaries of a country within a specific period. GDP is a measure of a country's productivity. In calculating GDP, economists use finished goods and services to avoid double counting. All goods produced in the country are considered even if foreigners manufactured them.
Costs structures refer to components of fixed and variable costs that impact the success of a start-up. Without cost structures, many businesses will not take off. These costs include the cost of acquiring capital, expenses relating to business registration, and initial office expenses.
In calculating GDP, one has to consider the total value of goods and services produced plus the cost of structures. GDP is an indicator of growth or contraction in the economy.