Answer:
The real GDP is $150 and GDP is $550
Explanation:
There are five goods in the economy, A-E.
The current-year quantity of each is 10A, 20B, 30C, 40D, and 50E.
Current-year prices are $1 for each unit of A, $2 for each unit of B, $3 for each unit of C, $4 for each unit of D, and $5 for each unit of E.
Base-year prices are $1 for each good.
The real GDP is the value of output produced at base year price.
Real GDP
= 10 +20 + 30 + 40 + 50
= $150
The nominal GDP is the value of output produced at the current prices.
Nominal GDP
= 1 × 10 + 2 × 20 + 3 × 30 + 4 × 40 + 5 × 50
= 10 + 40 + 90 + 160 + 250
= $550
A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. A Keogh plan can be set up as either a defined-benefit or a defined-contribution plan, although most plans are set as the latter.
For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
<h3>Reason for early sales</h3>
When a particular products meet the demand of people, there is possiblity of sales immediately after the product is release.
Hence, product should be targeted towards demand.
Therefore, For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
Learn more on entrepreneur below
brainly.com/question/26701703
#SPJ5
Portfolio analysis is a structured approach used by decision makers to develop a sourcing strategy for a product or service, based on the value potential and the relative complexity or risk represented by a sourcing opportunity.
<h3><u>
Explanation:</u></h3>
Portfolio analysis is an analysis of the elements incorporated in a mix of products to progress decisions that are demanded to develop overall return. Portfolio Analysis carried at frequent intervals benefits the investor to originate innovations in the portfolio allocation and modify them according to the developing market and several factors.
The analysis also assists in customary resource/asset allocation to various elements in the portfolio. It accommodates to estimate the company’s attractiveness. It aids to evaluate the competing strength of the company regarding market share, contribution margin.
Answer:
A partnership is easy and inexpensive to establish
the business benefits from pooled knowledge and skills of different partners
the workload is shared
more partners can be added,which could help increase capital
partnerships are not compelled by law to complete audits on financial statements
Explanation:
