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Ivenika [448]
3 years ago
7

Consider the following data to answer the following questions: Country GDP Population A $32,000 1,500 B $20,000 1,000 C $10,000

500 D $10,000 2,000 E $8,000 800 Although countries C and D have the same level of gross domestic product (GDP), country C has a level of per capita GDP that is ________ times that of country D.
Business
1 answer:
polet [3.4K]3 years ago
4 0

Answer: 4 times

Explanation:

GDP per capita is a way of measuring the wealth Distribution in a country. It is calculated by dividing the Gross Domestic Product by the population of the country. The aim usually is to see if the Country's economy is big enough considering the amount of people it has.

Country C has a GDP per capita of,

= 10,000/500

= $20

Country D has a GDP per capita of,

= 10,000/2,000

= $5

= 20/5

= 4

Country C has a GDP per capita that is 4 times that of C.

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Describe a real or made up but realistic situation that could cause you or someone you know to have to use money from a financia
IceJOKER [234]

Answer:

There are a thousand and one scenarios that would make me break my piggy bank.

Explanation:

If I came across a  very good deal, I'd draw from my financial reserve and empty it if need be to take advantage of such an opportunity.

Imagine for instance that a 2020 Chevrolet Silverado 2500HD truck which normally goes for about $34,000 is suddenly available for whatever legitimate reason for about $10,000 and its only 3 months old without dents or any mechanical fault, perhaps the owner needs cash for something equally more profitable to them, I'd grab the opportunity to buy it and resell at a higher price in order to turn a decent profit.

For a car that has only been used for three months, I can resell easily and very quickly at half the original price making a $7,000 in profit or I decide to hold on a little while can actually sell at a much higher price for nearly $30,000 perhaps one or two thousand dollars less and still make an extremely good profit.

Cheers

7 0
3 years ago
The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corpo
Komok [63]

Answer:

The annual financial disadvantage of eliminating the division is $30,000.

Explanation:

contribution margin = revenue - variable costs = $200,000

fixed expenses = $500,000

net loss = $300,000.

If the division is eliminated, only $170,000 of the fixed expenses can be avoided, therefore the company's fixed expenses will remain at $330,000.

Therefore, eliminating the children's division will result in a $30,000 (= $330,000 - $300,000) decrease in net income.

4 0
3 years ago
The supply curve for a good will be more elastic if: spending on the good accounts for a large share of a consumer's income. the
Andrei [34K]

The supply curve for a good will be more elastic if "production inputs are readily available at a relatively low cost".

<u>Option: C</u>

<u>Explanation:</u>

The graphical interpretation is applied to understand the concept of supply curve for any good available in market. This is done by correlating the cost of a good or service and the supplied amount during a given period. In such representation the cost is mentioned vertically on the left axis, while the amount supplied is mentioned horizontally.

The coverage of responsiveness with respect to variations in cost of demand or supply products is understood as elasticity.  Here when the small variations in cost leads to the large variations in consumed amount of product, thus curve become more elastic. While if a curve is found less elastic, which showcase that their is large variations in the price to impact a change in consumed amount.

5 0
4 years ago
Which system is used for managing global operations, supporting an international company’s decision-making processes, and dealin
const2013 [10]

Answer:

(D) global information

Explanation:

A global information system is an information system which is used in a global context. and deliver the totality of measurable data worldwide within a defined context.

Examples

Systems developed for multinational users, SAP, Oracle ,JDE, are a global ERP system

Global Information Systems for Education

8 0
3 years ago
) a substance decays 22ach day. after 7 days, there are 9 milligrams of the substance remaining. how many milligrams were there
mamaluj [8]

A substance decays in 22ach days. after 7 days, there are nine milligrams of the substance last. milligrams had been there to start with:

at the give-up of each day, you are left with (100- 22)% = 7-8%, that is 0.7-8Tim.

To decay is described as to rot, lose strength or become worse. An example of degradation is while old fruit begins to rot. An instance of degradation is whilst a community begins to come to be crime-ridden. A falling into spoil.

a few common synonyms of deterioration are decomposed, putrefy, rot, and spoil. even as these types of words suggest "to go through negative dissolution," decay implies a sluggish exchange from a country of soundness or perfection.

The wooden of the white pine is long-lasting for indoor use, in particular, whilst covered by means of paint, however, while uncovered to moist air it swiftly decays, and it is very prone to dry rot; its miles are said to be excellent while grown on sandy soils.

Learn more about decays here: brainly.com/question/25537936

#SPJ4

7 0
2 years ago
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