Answer:
The Annual Growth Rate of the country's real GDP per capita during these 10 years is 7.18%.
Explanation:
The formula that is used to calculate Annual Growth Rate over a number of years is given below:
{ [ (New Value / Old Value) ^ (1 / n) ] - 1 } * 100
where
New Value = 18,000
Old Value = 9,000
n = Number of Years: In this case. 2000 - 1990 = 10 years.
Answer:
4 workers
Explanation:
The cost that Hamburger Co can incur at this time is $460.
When producing the total cost is equal to fixed cost less variable cost.
Fixed cost includes nonmoveable assets that assist in production, such as machinery. The cost is fixed.
Variable costs are those costs that change in the course of production and can be varied depending on need.
Total cost = Fixed cost + variable cost
460= (3*100)+ variable cost
Variable cost= 460- 300= $160
Number of worker= Variable cost/ cost of each worker
Number of worker= 160/40= 4 workers
Answer:
b. 11,338 units
Explanation:
The computation of the amount of sales in units is shown below:
Let us assume the amount of sales in units is X
So, the equation is
Profit = Sales - Variable Expenses - Fixed Cost
where,
Profit = $217,000
Sales = $238 × X
Variable expense = $105 × X
And, the fixed cost is $1,291,000
So, the sales in units is
$217,000 = $238 × X - $105 × X - $1,291,000
$1,508,000 = $238 × X - $105 × X
$1,508,000 = $133 × X
So, the X = 11,338 units
The correct answer to the question above is:
D. Quantitative
<span>Quantitative research approach is used in this
scenario because the participants are asked to choose among the most functional
mobile phone and compare them with other options. The data gathered from
participants are then analyzed to make a substantial result. </span>
