Answer:
$100
Explanation:
Nominal GDP is the total output of an economy at current year prices
Nominal GDP = (20 × $4) + (10 × $2) = $100
I hope my answer helps you
Answer: Structural Mobiility
Explanation:
Structural Mobiility can be described as changes that enable a whole group of people to either move up or down the economic class ladder.
Structural mobility is attributed to the changes in society or company as a whole, not just personal changes.
The changes done in John's illustration is a social change where a job that can be performed by humans are now performed by robots.
This change negatively affected John and his manufacturing company thereby bringing down John in the economic ladder as he moved down from the Middle class to a lower social class.
Answer:
More than $1500 price per car per month has to be dropped.
Explanation:
Given:
price per car = $20,000
car sale per month = 40
rate of increase in demand = 3
Solution:
Revenue R = Price × Quantity = P * Q
From the above given data
P = 20,000
Q = 40
R = P*Q
dQ/dt = 3
We have to find the rate at which the price is to be dropped before monthly revenue starts to drop.
R = P*Q
dR/dt = (dP/dt)Q + P(dQ/dt)
= (dP/dt) 40 + 20,000*3 < 0
= (dP/dt) 40 < 60,000
= dP/dt < 60000/40
= dP/dt < 1,500
Hence the price has to be dropped more than $1,500 before monthly revenue starts to drop.
The correct answer in the choices above is that all of the responses are correct, it is because the nurse, social workers and physicians could help in securing the placement of the client in the rehabilitation center when there is no guardian present. For they may be able to provide the client's needs even if the guardian is not present or with the client.
<span>The goal of giving the debtor a fresh start is accomplished through</span><span> releasing debtors from personal liability for specific debts and protecting them from collection efforts.</span>
