Solution :
GDP stand for Gross Domestic Product. It is the measure of a national production and income of a country. It is the total produce of any country's products and services in a financial year that will boast its economy.
According to the question, assigning to the category of GDP are :
1. When we buy a car : --- Consumption
2. When a new oven is bought by a bakery : --- investment
3. When we get a haircut done : -- Consumption
4. Town buys a new fire truck : --- Government purchase
5. When we buy a new pair shoe that is made in Thailand : --- Exports or Imports
6. A bridge build by the Federal Government : --- Government purchase
7. A MRI machine bought by a private hospital : --- Investment
8. When we stay in hotel that is in Italy : --- Imports or Exports
Answer:
The answer to this question is E. $25,258.
There are 2 types of products. Substitute goods which can replace another good and complementary goods which goes to together,therefore if the complement increases the price so will the other good
<span>So lets see first the one for $14000
10000 free and 4000 at 10%
tax = (14000 - 10000) x 0.1
And now for $26000
there is $6000 more that $20 000
$10000 free + $10000 at 10% + 6000 at 15%
so the tax = (20000 - 10000) x 0.1 +6000 x 0.15</span>
Answer:
14,000 units
Explanation:
By the use of the cost volume analysis concept, the break-even point is obtained by dividing fixed costs by contribution margin per unit.
in this case,
fixed costs are $98,000
contribution margin per unit??
CM per unit = selling cost per unit - variable cost per unit
=$12- $5
contribution margin = $7 per unit
break-even point= $98,000/ $7
break -even = 14,000 units