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3 years ago

The percent change in nominal gross domestic product (GDP) minus the percent change in price level equals

Business

1 answer:

masya89 [10]3 years ago

5 0

Answer:

Real GDP

Explanation:

Nominal GDP less percent change in price levels equals to real GDP

Nominal GDP is GDP calculated using current year prices

Real GDP is GDP using base year prices. it has been adjusted for inflation.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

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The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches

Marina86 [1]

Answer:

Setup time = 2.5 min. per order

Process capacity = 1.09 units/minute

Utilization = 7.5 minutes

Explanation:

The time to cook just one order = 3 minutes

Cooking two orders in a batch = 3.5 minutes

cooking three orders = 4 minutes

bagging and accepting payments = 0.80 minutes

a) Setup time:

Setup time = 3 - 0.5

= 2.5 min. per order

b) Process capacity:

Production = Setup time + ( Processing time * Batch size )

= 2.5 + (0.5 * 6)

= 5.5 minutes

Process capacity = Batch size / Production

= 6 / 5.5

= 1.09 units/minute

c) Utilization:

Batch size = 10

Production = Setup time + (Processing time * Batch size)

= 2.5 + (0.5 * 10)

= 7.5 minutes

5 0

3 years ago

The name of the budget that plans for how the business will run until it becomes self-sustaining, I.e. until it begins to make

amm1812

Answer:

start-up is the correct answer.

6 0

2 years ago

Steamroller Company sells two products—J and B. Steamroller predicts that it will sell 7400 units of J and 6500 units of B in th

sp2606 [1]

Answer:

The weighted-average unit contribution margin is $4.50 per unit.

Explanation:

Weighted Average contribution margin is the average contribution margin of all products company sells.

Sale

Product J = 7,400

Product B = 6,500

Unit contribution margin

Product J = $2.9

Product B = $6.3

Contribution of Product J = 7,400 x $2.9 = $21,460

Contribution of Product B = 6,500 x $6.3 = $40,950

Total Contribution = $21,460 + 40,950 = $62,410

Total Sales Unit = 7,400 + 6,500 = 13,900 units

Weighted average contribution margin = Total Contribution / Total sales unit

Weighted average contribution margin = $62,410 / 13,900 units

Weighted average contribution margin = $4.49 per unit

Weighted average contribution margin = $4.5 per unit

3 0

3 years ago

Please post detailed answers to the following questions. Please use complete sentences. How can the use of technology both help

qaws [65]

Answer:

Technology has made our lives simpler and easy. With the help of technology we can stay connected even if we live miles away from our close ones. But on the other hand it also separates us from the real world.

There are pros and cons of everything and technology can also be said as curse and boon for our society. Excessive use of anything can be harmful. With the increasing technological advancement there is increase in crimes as well.

8 0

3 years ago

true or false An agent may continue to represent the principal even after the agency relationship is terminated.

Annette [7]

Answer:

False

Explanation:

Agency refers to a kind of agreement wherein the first party, known as the Principal confers a right on the second party, called an agent, to act on his behalf or as per his directions.

It establishes a fiduciary responsibility i.e that of a legal trust between the parties.

Once the agency agreement is terminated, the relationship between a principal and an agent ceases. Thereafter, the agent cannot continue representing the principal and if he does, he shall be held personally liable for such acts which result into any damage or loss to a third party.

7 0

3 years ago