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Montano1993 [528]
3 years ago
13

"in a small european​ country, it is estimated that changing the level of capital from​ $8 million to​ $10 million will increase

real gdp from​ $2 million to​ $3 million. what level of gdp would you expect the economy to be able to reach if spending on capital continued to rise to​ $12 million, assuming no technological change and no change in the hours of​ work?"
Business
1 answer:
lawyer [7]3 years ago
6 0
I think it’s 12mill I think
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Olenka [21]

Which career requires less education than an Auditor?

A) Accountant

B) Bookkeeper

C) Credit Analyst

D) Financial Manager

6 0
2 years ago
6 factors of production pasta
noname [10]

The four categories of factors of production are land, labor, capital and entrepreneurship.  So, things that fall into these four categories that involve the production of pasta include the factory, the skills of the workers, the machines used to produce it, the ingredients used to produce it and the entrepreneurship and investment of the business owner.

4 0
3 years ago
Consider the following data for a closed economy:
notsponge [240]

Answer: The answer is given below

Explanation:

a. . Private saving

Private saving=Y+TR-C-T

= $11t + $1t - $8t - $3t

= $12 trillion - $11 trillion

= $1 trillion

b. Public saving

Public Saving= T-G-TR

Since G is not given, we can use:

I = public saving + private saving

$2t = public savings + $1t

Public saving= $2 trillion - $1 trillion

Public savings = $1 trillion

c. Goverment purchases

Since public savings = T - G - TR

$1t = $3t - G - $1t

G = $3t - $1t - $1t

G = $3 trillion - $2 trillion

G = $1 trillion

d. The goverment budget deficit or budget surplus.

There is a budget surplus of $1 trillion which has been calculated in the public savings.

4 0
3 years ago
The manager of a company notices that the company's total revenue would increase if she raised the price of the company's produc
guajiro [1.7K]

Answer:

The answer is inelastic.

Explanation:

Elasticity is the degree of responsiveness of a change in one variable to a change in the other variable.

A good ir service is said to be inelastic if the change in quantity demanded is negligible when the price of the goods or services change i.e the change is not sensitive to price. Mostly, the goods or services in this category are considered to be a neccesity. So if the price increases, consumers will have no choice than to buy it.

6 0
3 years ago
A swot analysis is an identification and evaluation of a firm's strengths, weaknesses, ___, and threats.
AnnyKZ [126]
The correct answer should be
E. Opportunities
8 0
2 years ago
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