Answer:
Real GDP is inflation adjusted hence there will be no role of inflation. Real GDP per Capita = Real GDP/ Population
Real GDP in year 1 = Real GDP per capita * population
Real GDP in year 1 = $36,000 * 500 million
Real GDP in year 1 = $18 trillion
Growth rate of Real GDP = 7%
herefore Real GDP in year 2 = x - 18/18 = 7/100
Real GDP in year 2 => 100x - 1800 = 126
Real GDP in year 2 => 100x = 126 + 1800
Real GDP in year 2 => 100x = 1926
Real GDP in year 2 => x = 19.26 trillion
So, Real GDP per capita in year 2 = 19.26 trillion /500 million= 38,520
As the head of an individual firm, the feature would be the least beneficial would be: <span>The adverse effect of economic integration on specific sectors and communities within the national economy
integration of specific sectors will dramatically increase the competition from another country which will dramatically diminish one's market share.</span>
Answer:
1. No because it is not realistic. 2. No because if you try you will make it back. 3. No because he needs a more indelf plan.
Explanation:
Answer:
the cost of new preferred stock financing is 10.66%
Explanation:
The computation of the cost of new preferred stock financing is given below:
= Annual dividend ÷ [ Price × (1 - flotation cost) ]
= $10 ÷ [ $100 × (1 - 0.0622) ]
= $10 ÷ $ 93.78
= 10.66%
Hence, the cost of new preferred stock financing is 10.66%
The same is to be considered and relevant
Answer:
marginal revenue product.
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A perfectly competitive firm will hire workers up to the quantity at which marginal cost of labor equals marginal revenue
