What is gained by using the circular flow diagram to illustrate gdp

Rudiy27

I think it's D but I can't say I'm 100% sure..

3 0

3 years ago

In the short run, the marginal cost of the first unit of output is $20, the marginal cost of producing the second unit of outp

Alinara [238K]

Answer:

Hence, the firm's total variable cost of producing three units of output is $48 unit.

Thus, the correct option is d. $48 unit.

Explanation:

The computation of total variable cost is shown below:

= marginal cost of the First unit of output + marginal cost of the second unit of output + marginal cost of the third unit of output

= $20 + $16 + $12

= $48

The variable cost include all type of cost which is change when the production level changes. In the given question, the output level changes with the unit which reflects the variable cost. So, the cost would be added in the computation part.

Hence, the firm's total variable cost of producing three units of output is $48 unit.

Thus, the correct option is d. $48 unit.

6 0

3 years ago

Blue Corporation is projecting a cash balance of $36,450 in its December 31, 2016, balance sheet. Blue’s schedule of expected co

NeX [460]

Answer and Explanation:

The Preparation of cash budget for the first quarter is following below:-

Cash Budget

Particulars Amount

Cash balance Beginning $36,450

Add: Receipts

Total Collection $224,775

Sale of equipment $3,645

Total receipts $228,420

Total cash available $265,870

Less: Disbursements

Direct material $52,245

Direct labor $85,050

Manufacturing overhead $42,525

Selling and

administrative overhead $54,675

Purchase of securities $17,010

Total Disbursements $251,535

Available excess available

cash over disbursements $14,335

Financing

Add: Purchase of securities $17,010

Less: Repayments -

Cash balance at ending $31,345

So, to reach at ending balance we simply added the purchase of securities and ending cash balance.

3 0

3 years ago

A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches

erik [133]

Answer:

b. The cable commercial

Explanation:

CPM or cost per mille is a measure used in advertising to determine how effectively a promotional message is getting to its audience. It is the cost of getting an advert in front of 1,000 people.

In this scenario when we calculate CPM for the radio station

$600 = 10,250 listeners

x= 1,000 listeners

Cross multiply

x= (600 * 1,000) ÷ 10,250 = $58.54

For the local cable commercial

$1000 = 18,500 viewers

y = 1,000 viewers

Cross multiply

y= (1,000 * 1,000) ÷ 18,500= $54.05

6 0

3 years ago

kellogg's begins to sell its cereals in new markets after conducting extensive marketing research. after the cereal begins to a

Dafna11 [192]

The fact that Kellog is increases its promotion expenditure to counteract competitive responses means that Kellogg's is in the maturity stage of the product life cycle. The maturity stage us the third stage of the product life cycle, and comes after the Introduction and Growth stages.
In this stage the companies are focused on maintaining their market share in the face of a number of different challenges.

7 0

3 years ago