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Bond [772]
3 years ago
15

Why are only final goods and services included in the calculation of GDP?

Business
1 answer:
zavuch27 [327]3 years ago
5 0

Answer:

Only final goods and services are included in the calculation of GDP to avoid counting things multiple times.

Explanation:

In the calculation of the GDP only final goods and services are included because the prices of the these already have the costs of all the things that were used to produce them. If we count the intermediate products and services that were used for the final output, we will be double counting which will give a result that is not a correct estimation.

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Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
Veseljchak [2.6K]

Answer:

Proposal A: 5,455 units

Proposal B: 5,770 units

Explanation:

The break-even point is the number of units required for the revenue to equal the total costs.

For proposal A:

Fixed Costs = $60,000

Variable Costs = $13 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-13)*n-60,000 = 0\\n=5,454.5\ units

For proposal B:

Fixed Costs = $75,000

Variable Costs = $11 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units

Rounding up to the next whole unit, the break-even points for proposal A and B, respectively, are 5,455 and 5,770 units.

3 0
3 years ago
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I think it might be true in my opinion
8 0
3 years ago
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Paha777 [63]
The answer is: SLICE OF LIFE
8 0
3 years ago
Three ounces of cinnamon cost $2.40. If there are 16 ounces in 1 pound, how much does cinnamon cost per pound?
egoroff_w [7]
<span>As the three ounces of cinnamon cost=
 $2.40,
so one ounce would cost 80 cents
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. multiply 80 scents by 16 that is total number
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4 0
3 years ago
Read 2 more answers
Select the correct answer from each drop-down menu.
QveST [7]

Answer:

government's  policy.

Explanation:

Govenment policies on tax decide what to tax and where to allocate the resources of the tax.

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