Answer:
Current year cost of goods sold is $181,800.
Explanation:
The current year cost of goods sold is calculated as follows:
Current year cost of goods sold = Last year cost of goods sold + Current year change
= $180,000 + ($180,000 * 1%)
= $180,000 + $1,800
= $181,800
Therefore, current year cost of goods sold is $181,800.
Answer:
a. her marginal rate of substitution between coffee and orange juice.
Explanation:
According to the definition of marginal rate of sustitution and the exercise, the rate at which she is ready to substitute coffee over orange juice or vice versa determines her valuation of these goods.
Answer:
Unemployment rate= 6.52%
Explanation:
Giving the following information:
An economy has a population of 226,500, of whom 12,500 are unemployed and actively seeking work, and 35,000 have given up looking for a job. Also, 28,000 people work part-time, and 151,000 people work full-time.
Total active population= 12500 + 28,000 + 151,000= 191,500
Unemployment rate= 12500/191500= 6.52%
<h2>You can know more about the job through sources viz. Career profiles, Career Counselors, job advertisements, using your friends network, etc.</h2>
Explanation:
Listed above are the common source to know more about jobs.
1. Career profiles: This enables you to chat with people to know about job and get tips to crack the interview.
2. Career counselors: Perfect person to help you out in guiding you with the job.
3. Job Advertisement: A very simple way to know about the basic requirements and compare with your skill sets.
4. Network: Networking is an essential component in knowing the job and cracking the same.
Here sales associate position can be known more in detail by reviewing job description the company website or in job portal, browse the website to prepare yourself for the interview, connect with your friends so that you can gather more information on the profile in general.
Answer:
$265
Explanation:
The computation of the national income is shown below:
But before that GDP should be determined
GDP = Consumption + Investment + Government purchase + Net exports
= $190 + $46 + ($9 - $12) + $84 - $10
= $307
now
National Income = GDP - Consumption of Fixed Capital + Net Factor Income from Abroad
= $307 - $52 + $10
= $265