Answer:
Follows are the solution to this question:
Explanation:
In option A, Its increase in consumption and GDP is $200.
In option B, Investment decisions increase about $1800, net exports drop by $1800 and therefore GDP should remain constant.
In option C, GDP or investment wasn’t increasing only at present because estimates were produced last year.
In option D, Market growth is $470 million, options trading is rising by $30 million but GDP is growing by $500 million.
GDP is just a misleading indicator, it does not take into account recreation, environmental protection, education and health rates, non-market behaviors, changes in wealth disparity, increases of variety or rises in innovation. HDI's social progress Index could be used to highlight a need for people or their ability to assess national growth as the supreme requirement.
Answer:
At equilibrium demand is equal to supply therefore
Qd=Qs
50-2P=3P
By collecting like terms
50=3P+2P
50=5P
P=10
THEREFORE equilibrium price is 10
Explanation:
Answer:
Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400 a month insurance policy. This contract is VOID.
Explanation:
The nullity is a legal sanction, which detracts from the effectiveness that a legal act can have, that has been born with some vice or that simply has not been formally born to the world of law.
A contract can be classified as null by different factors, to define it more precisely, there are two types of nullity in a contract, there is Absolute Nullity and Relative Nullity.
Answer:
the 17,941 units should be produced and sold
Explanation:
The computation of the number of units that should be generated and sold is shown below:
Let us assume the number of units be n
Now as we know that
Total labor cost = variable cost + fixed cost
So the equations are
For labor intensive = $33,8000 + 143 n
And
For capital intensive = $1,244,000 + $92.5n
It could be written as
$1,244,000 + $92.5 n < $338,000 + $143 n
After solving it
n> 906,000÷ 50.5
n>17941
And,
$1,244,000 + $92.5 n < 197 n
After solving it
n>$1,244,000 ÷ 104.5
n>11,904
So the highest is 17,941
Therefore the 17,941 units should be produced and sold
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