Barter means exchange since there was no currency back then so the answer would be D.
a) Price of a buy order of 200 shares is $58.36.Because there was an offer of sale that is 250 shares at $58.36 per share, so the price would remain constant at 200 Shares.
Answer: 5
Explanation:
The velocity of circulation is the average number of times that each dollar can be used for the purchase of goods and services in a year.
From the information given in the question, the velocity of circulation will be:
= Nominal GDP / Quantity of money
= $2000 / $400
= 5
Therefore, the velocity of circulation is 5.
Answer:
Total contribution margin= $34,500
Explanation:
Giving the following information:
Selling price= 15
Unitary variable cost= 12
<u>First, we need to calculate the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 15 - 12 = 3
<u>Now, the total contribution margin for 11,500 units:</u>
Total contribution margin= 3*11,500= $34,500
