Answer: (4) An increase in the sales price per unit
Explanation:
The break-even point is the point of the production level where the total expenses are gets equal to the total revenue. During the manufacturing process, the break-even point produces the equal amount of revenue as compared to the expenses in the accounting period.
The break even point formula are mainly expressed in the units and it is expressed as:
= Fixed cost ÷ Contribution per unit
According to the formula, if the sales price per unit gets increased then, the the break-even pint gets decreased.
<span>The united states has an absolute advantage in the production or automobiles and an advantage in washing machines. Italy has a comparative advantage in automobiles . this mean that Italy should specialize in washing machines and the united states in automobiles. Kodi has the absolute advantage in cutting down coconuts and the absolute advantage in catching fish.</span>
Answer: See explanation
Explanation:
a. Consumption = $670 + (30 × $75)
= $670 + $2250.
= $2920
Consumption is $2920
b. Investment = 0
c. Government Purchases = 0
d. Imports = Amount spent on foreign good = 30 × $75 = $2250
e. Exports = Amount of local goods sold to other countries = $100 × $45 = $4500
f. Net Exports = Export - Import
= $4500 - $2250.
= $2250
g. Gross Domestic Product (GDP)
= C + I + G + (X - M)
= 2920 + 0 + 0 + (2250)
= $2920 + $2250.
= $5170
Answer:
The right answer is option (C).
Explanation:
Earned income can be defined as the income of a person which he earns by working and efforts.
Hence according to the question, the most appropriate answer is option (C) because interest earned from a bank account is not the result of any personal efforts and hence it is not considered as earned income for EIC.
While the other options are wrong because of the following reasons:
- Wages can be defined as the income a person gets after working for some company, hence it is considered as the earned income.
- Tips are also an outcome of personal efforts to make clients happy and hence it also considered as the earned income.
- Self-employed income can be defined as the income a person gets for his work as a freelancer and hence it also considered as the earned income.
To convert prices in euros in dollars it means you should make Currency Conversion. In order to do the currency conversion you should take several steps in Excel:
1. <span>Select a blank cell next to the price in Euros and enter the formula </span>=NUMBERVALUE(A2,",",".").
Now you will have the amount. If you also want to have the symbol for dollars you should:
2. Format the cell: Right click-> Format->Currency and select the currency.
