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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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How,in practice,is cost-benefit analysis of public goods,such as city-funded fireworks displays,usually carried out?
V125BC [204]

Answer:

C) through public elections of local officials

Explanation:

The Cost–benefit analysis is also sometimes known as the benefit–cost analysis. It is the systematic approach in estimating the weaknesses and the strengths of the alternatives that is used to determine the options which provides the best method or approach to achieve the benefits while preserving a savings.

It is used to maximize the social welfare. It is for the optimal quantity of any public good. The cost benefit analysis of the public goods like the firework displays should be carried out by a public election of the local officials.

3 0
3 years ago
A company that uses the perpetual inventory system sold goods to a customer for cash for​ $4,600. The cost of the goods sold was
bekas [8.4K]

Answer:

B. Cash ​4,600 Sales Revenue ​4,600 Cost of Goods Sold ​1,000 Merchandise Inventory ​1,000

Explanation:

The journal entry is as follows

Cash                           $4,600

        To Sales Revenue $4,600

(Being the goods are sold for cash is recorded)

Cost of Goods Sold $1,000

           To Merchandise Inventory           $1,000

(Being the cost of the goods is recorded)

These two entries are recorded for recording the cash and the cost of the inventory

7 0
3 years ago
A(n) ________ market is a market in which goods or services are bought and sold illegally
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3 years ago
If supply falls and demand remains constant, once the market has adjusted to its new equilibrium there will be
QveST [7]

Answer:

An increase in Price and decrease in Quantity.

Explanation:

Please see the attached Decrease in Supply when Demand is Constant Diagram for further explanation:

<em>Supply Curve </em>is always upward because Supply and Price are directly proportional as shown in attached diagram as S .

<em>Demand Curve</em> is always downward because Demand and Price are inversely proportional as shown in attached diagram as D .

The point where Demand Curve and Supply curves meet each other or intersect each other is called <em>Equilibrium </em>as shown in the attached diagram as E. At this the point Quantity Demanded and Quantity Supplied are equal.

The point at which Equilibrium touches the price is called Equilibrium Price as shown in the attached Diagram as P. At this point the Quantity Demanded and Quantity Supplied are equal.

The Point at which Equilibrium touches the quantity is called <em>Equilibrium Quantity</em> as shown in the attached Diagram as Q. At this point the Quantity Demanded and Quantity Supplied are equal.

Since the Demand is constant D and Supply is decreasing, So when the Supply decreases it shifts towards its left side as shown in the attached diagram as S'.

After decrease in Supply the changes it brings a new Equilibrium point as E' at which Equilibrium Price rises to P' and Equilibrium Quantity falls to Q' as shown in the attached diagram. At this point the Quantity Demanded and Quantity Supplied are equal.

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4 years ago
Which economist most supported the idea that poor workers would
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Thomas Robert Malthus is the economist who supported it the most
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