Answer:
b. producers are more willing and able to hire that resource
Explanation:
In production resources are defines as various inputs in the production process of a product.
It contributes to the final product that a consumer buys and they have their various costs which are used to obtain their use.
So when the price of a resource decreases, it means that the cost of production also decreases.
There is now more outlay of cash that can be used hire that resource.
Producers are able to produce more of the final product so supply increases.
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Answer:
The correct answer is "the sum of all monetary transactions involving final goods and services that occur in the economy in a year"
Explanation:
The Gross Domestic Product is divided into nominal GDP and the real GDP.
The Nominal GDP is the sum of all monetary transactions involving final goods and services that occur in the economy in a year.
The Real GDP is the sum of all monetary transactions involving final goods and services that occur in the economy in a year, but adjusted to the inflation. The real DGP can consider changes in price level and can present a more accurate figure of economic growth.
Answer:
10.23%(approx)
Explanation:
WACC for this project:
= (Debt ÷ Initial investment) × cost × (1 - tax rate) + (Preferred stock ÷ Initial investment) × cost + (Equity ÷ Initial investment) × cost
= (750,000 ÷ 1,708,000) × 8.7 × (1 - 0.25) + (78,000 ÷ 1,708,000) × 9.9 + (880,000 ÷ 1,708,000) × 13.2
= (0.44 × 8.7 × 0.75) + (0.05 × 9.9) + (0.52 × 13.2)
= 2.871 + 0.495 + 6.864
= 10.23%(approx)
Answer:
The art and science of cultivating the land, growing crops, and raising livestock is known as agriculture. It entails the processing of plant and animal products for human consumption as well as their delivery to markets. These goods, as well as the agricultural practices employed, may differ from one region to the next.
Explanation:
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