Answer:
GDP per capta will be $54.5454
So option (a) will be correct option
Explanation:
We have given GDP of US in 2014 is roughly about $17.4 trillion
We know that 1 trillion = 1000 billion
So GDP of US = $17.4×1000 = $17400 million
Population of US in 2014 = 319 million
We have to find the GDP per capita
For finding GDP per capita we have to divide total GDP to number of peoples
So GDP per capita will be 
So option (a) will be the correct option
Answer:
To maximize her profit, Jennifer should abandon the product.
Explanation:
To maximize the profit Jennifer should keep marginal benefit as higher as she can, this could happen keeping marginal revenue higher and marginal cost lower as much as she can.
In this case marginal cost is higher than the marginal revenue, which is resulting as a marginal loss. Each extra batch being sold will add a loss of $10 ($110-$120).
Jennifer should abandon the product because it will reduce the average marginal benefit or total profit gradually.
Answer:
<em>Technology </em>Spillover
Explanation:
Technology spillover applies to both the unintended technological capabilities for companies which emerge from several other companies ' research and development efforts without sharing the expenses.
Companies from Cronje Republic have taken the research and development capabilities of Bricklanes Inc. without sharing the benefits.
Technology spillover through leading companies emerging from advanced economies to companies in emerging economies is projected to be particularly powerful.
Answer:
A concentration approach
Explanation:
In simple words, The Concentration strategy relates to a proactive approach where the focus of a corporation is a trading bloc or component. This helps the organisation to spend more money in manufacturing as well as marketing within that one region, but increase the chance of substantial losses in case of a decline in revenue or a rise in competition.
Answer:
$17,000 favourable
Explanation:
Price variance is the difference between the actual cost incurred to purchase the material and the actual quantity cost on a standard or budgeted rate of the material.As per given data
Actual Quantity = 34,000 gallon
Actual Price = $5.60
Standard cost = $6.1
Total Actual cost = 34,000 x $5.60 = $190,400
Standard cost of Actual purchase = $6.1 x 34,000 = $207,400
Direct-material price variance = Cost at standard rate - Actual Cost = $207,400 - $190,400 = $17,000
The variance is favorable as Oiner Corporation incurred less cost on a quantity purchase than the standard cost of the same quantity.
