Answer:
A. 900
Explanation:
says they sold 900 gizmos per week when priced at $20
Answer:
$11.05
Explanation:
Note: The full question is attached as picture below
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = Selling price per unit - (Direct materials + Direct labor + Variable manufacturing overheads+ Variable administrative expense)
Contribution margin per unit = $21.60 - ($5.60 + $3.10 + $1.40 + $0.45)
Contribution margin per unit = $21.60 - $10.55
Contribution margin per unit = $11.05
Answer:
- The possibility of traveling from coast to coast in the US in under a week ⇒ SECOND INDUSTRIAL REVOLUTION
- Feedback loops ⇒ BOTH
- The internet ⇒ NEITHER
- The flying shuttle ⇒ NEITHER
- The steam engine ⇒ FIRST INDUSTRIAL REVOLUTION
- Railroads ⇒ BOTH
- Telegraph ⇒ SECOND INDUSTRIAL REVOLUTION
- A technological (as opposed to political) revolution ⇒ SECOND INDUSTRIAL REVOLUTION
Explanation:
The first industrial revolution took place between 1760-1830 (roughly) and its main characteristics were the industrialization of production processes using stream power.
The second industrial revolution took place between 1870-1914 (beginning of WWI). Production processes were enhanced as well as the production of steel. Even though some systems were invented much earlier, during the second industrial revolution they became "popular" and were adopted in many places and became common things, e.g. railroad networks, telegraph and telephone, water systems, sewage, electricity, and even pencils.
Solution:
A) Nominal GDP Growth was:
($11500000.00 - $10000000.00) ÷ $10000000.00 = 0.15 = 15%
B) Economic growth: 15% - 3.00% - 3.25% = 8.75%
C) Inflation: The %Δ price level is also known as inflation. So, in this case, inflation is 3.00%.
D) Real GDP growth : 15% - 3.00% = 12%
E) Per capita GDP growth: 15% - 3.25% = 11.75%
F) Real per capita GDP growth: 15% - 3.00% - 3.25% = 8.75%
Answer:
When people buy something, they value it more than it costs them. But, when people sell something, they value it less than the payment they receive.
Hope this helped you!
Explanation: