Real gdp will increase

At the current prices of goods X and Y, the quantity demanded of good X is 10 units, and the quantity demanded of good Y is 5 un

damaskus [11]

Answer:

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

Explanation:

The cross elasticity of goods x and y is 0.6, which means that a one percent increase in price of good y will increase the demand for good x by 0.6%, this means that x and y are substitute goods, as when the price of y increases people tend to buy more of x.

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

8 0

4 years ago

A system that takes in resources from its external environment and converts them into goods and services that are then sent back

Ivenika [448]

Answer:

Open System

Explanation:

According to my research on different types of system structures, I can say that based on the information provided within the question the type of system being described is called an Open System. This system (like mentioned in the question) can be defined as a system that interacts with it's environment, which results in changes for the system as well as the environment.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0

4 years ago

The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $7,000 and has an expected life

aleksklad [387]

Answer:

a. The project A's expected annual cash flow is $7,000

The project B's expected annual cash flow is $7,600

b. BPC should choose the project b

Explanation:

a. In order to calcualte the project A's expected annual cash flow we would have to make the following calculation:

project A's expected annual cash flow =0.2*$6,250 +0.6 *$7,000+0.2 *$7,750=$7,000

In order to calcualte the project B's expected annual cash flow we would have to make the following calculation:

project B's expected annual cash flow =0.2*$0 +0.6 *$7,000+0.2 *$17,000 =$7,600

b. Becuase Project B's CV is higher , hence Project B has the higher NPV, thus, the firm should accept Project B.

6 0

3 years ago

For this question, use the Grove Analytics Financials. Calculate 2018 cash from financing activities for Grove Analytics. Hint:

PIT_PIT [208]

Answer: -36

Explanation:

The 2018 cash from financing activities for Grove Analytics will be calculated as:

Issued short term debt = 22 - 20 = 2

Add: Issued long term debt = 60 - 48 = 12

Less: Purchase of treasury stock = 10

Add: Issue of common stock = (40 - 13 - 25) = 2

Less: Dividend paid = (44 + 93 - 95) = 42

Net cash used by financing activities = -36

7 0

3 years ago

What is the future value i I plan to invest $200,000 for 5 years and the interest rate is 5%?

denis23 [38]

Answer:

Initial capital $200,000

Period 5 years

interest rate 5%

Interest year 1 $10,000.00

Interest year 2 $10,500.00

Interest year 3 $11,025.00

Interest year 4 $11,576.25

Interest year 5 $12,155.06

Future Value= $255256.31

See the image attached

4 0

4 years ago