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3 years ago

To find the number of units that need to be sold in order to break even to generate

Business

1 answer:

boyakko [2]3 years ago

6 0

(fixed expenses + operating income) divided by contribution margin ratio

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The activities buyers and sellers perform to facilitate mutually satisfying exchanges is:

timofeeve [1]

The activities buyers and sellers perform to facilitate mutually satisfying exchanges is marketing

<h3>Buyers and Sellers</h3>

Buyers are those that request for goods and services for consumption purpose while the sellers make goods and services available to the buyers,

Both buyers and sellers carry out activities for mutual benefit of both parties. These activity that is being performed between the parties is known as marketing.

Learn more on marketing here: brainly.com/question/25369230

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3 0

2 years ago

if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to

prisoha [69]

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

5 0

3 years ago

What type of activity is the purchase of equipment for cash?

RSB [31]

<span>Acquisition or Procurement is the means on how equipment is bought for businesses and the military. However for peoples own personal use, shopping is the more common everyday word.</span>

6 0

3 years ago

When you are communicating with someone from another culture you should _______.

s344n2d4d5 [400]

Answer:

maintain etiquette or speak slowly

6 0

3 years ago

You are asked to make comparisons of two pairs of countries. The first pair are the Latin American countries of Chile and Argent

aleksklad [387]

Answer:

Part a: According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.

Part b: The per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.

Explanation:

According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.

In Solow model the GDP per capita is defined as

$y=k^{\alpha}=f(k)$

Also the steady state path is given as

$sf(k)=(s+n)k\\\frac{s}{s+n}=\frac{k^*}{f(k^*)}\\\frac{s}{s+n}=\frac{k^*^{\alpha-1}}{k^*}\\\frac{s}{s+n}={k^*^{\alpha-2}}$

As all other parameters are same thus the country with higher value of s will have a higher per capita GDP.

According to the Solow model, higher saving rate means larger capital stock and high level of output at the steady state.

Higher saving rate leads to faster growth in Solow model. So there is higher per capita real GDP for the country that has higher saving rate.

In Simple Solow Model, the steady state per Capita GDP, $y^*$ is the function of the steady state per capita capital stock given as $k^*$

Now this indicates that

$y^*=f(k^*)$

where f is an increasing concave function i.e. f'>0 and f''<0

Thus the sole dependence of per capita GDP is on per capita capital stock.

Thus the per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.

6 0

3 years ago

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