Answer: Per capita GDP of a country is the total quantity of goods produced divided by the number of citizens.
Explanation:
GDP represent the wealth of a country in a given period. A way to see this wealth is the total amount of goods produced.
The GDP is an economic indicator that reflects the relationship between the income level of a country and its population.
I hope the answer has served you!
Regards,
Brian
Answer:
Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.
Explanation:
According to the question, book is denoted with b whereas, wine is denoted with w.
The Utility function of Martha is- 
The Utility function for Charlie is- 
= $1 : 
= $4
At pareto-optimality,
The budget constraint,
Therefore, it may be said that Charlie must consume 100 books and 25 wine at pareto-optimal allocation.
Shareholders invest money in a business.
Typically, a share holder owns such a small portion of a company (through a few shares of stock, for example) that they have no idea or say in the daily operations or hiring/firing decisions. A shareholder typically needs to own a "controlling share" or be on the board of directors to make those decisions.
Both must be familiar with the new and old products as well as updates and quick fixes. However those in corporate are in charge of developing new products and keeping the older ones updated.
