Answer:
The correct answer is:
$17 trillion.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces and it measures the size of the economy. The GDP is determined with the following formula:
GDP = C + G + I + NX
where:
- C: private consumption or consumer spending
- G: government spending
- I: businesses' capital spending
- NX: net exports (exports - imports)
In the example:
GDP = $3 trillion + $10 trillion + $4 trillion = $17 trillion
The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.
The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.
Dropping prices
Increased advertising
Comparing yours to competitors
Answer:
D. A lawsuit should be tried in the geographic neighborhood in which the incident leading to the lawsuit occurred.
Explanation:
The united States concept of venue has it that a court hearing has to be done or decided in a court that is in the geographical area of where the crime was committed or where the dispute took place. Also it has that those who are to serve as members of the jury mist be from the same geographical area where it occured
