Answer:
To have more variety and just more in general!
Explanation:
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Answer:
Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.
However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.
Explanation:
The Nominal GDP of the economy that produces two goods in 2014 is $170.
The Nominal GDP of the economy that produces two goods in 2015 is $320.
The Real GDP in 2015 using 2014 as base year is $250.
The GDP deflator of an economy that produces two goods is 1.28.
Gross domestic product is the sum of goods and services that a country produces in a year.
Nominal GDP is GDP calculated using current year prices. Real GDP is GDP that is calculated using base year prices.
GDP deflator is the ratio of prices of goods and services produced using current year prices and prices of goods and services using base year prices.
Nominal GDP in 2014: (15 x $2) + (20 x $7) = $170.
Nominal GDP in 2015: (20 x $4) + (30 x $8) = $320
Real GDP in 2015: (20 x $2) + (30 x $7) = $250
GDP deflator = (nominal GDP / real GDP) x 100
($320 / $250) x 100 = 1.28
To learn more about real GDP, please check: brainly.com/question/23126579?referrer=searchResults
Answer:
The answer is D.
Explanation:
The demand curve faced by perfectly competitive firm is horizontal. This means that if individual firm charges price above the market price, it will not sell anything.
The curve is the same as marginal revenue curve because change in total revenue from selling one more unit(marginal revenue) is the constant market price.
And it holds in perfect market that price equals marginal revenue (P=MR).
The correct option is D.
Answer:
b. the money a company brings in from selling products equals the amount spent producing the products
Explanation:
At the breakeven point, the money a company brings in from selling products equals the amount spent producing the products