Answer:
The answer is A. Plus net receipts of factor income from the rest of the world
Explanation:
Gross National Product (GNP) measures the total output produced by a citizen of a country regardless of whether the production occurs domestically or overseas in a given period of time. while Gross Domestic Product(GDP) is the market value of all final goods and services produced within the economy in a given period of time.
For example, a citizen of United States that produced outside the country will not count for GDP but will count in the GNP.
It is only goods produced within a country that counts for GDP excluding the ones produced outside the country.
But for GNP, it includes GDP and the one outside produced by its citizens
The total revenue and the marginal revenue when he sells the 100th pound of apples is
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)
So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
Answer:
$331,500
Explanation:
The computation of the ending balance of the pension benefit obligation is shown below:
= Opening balance of PBO + service cost + interest cost - pension benefits
= $265,000 + $80,000 + $26,500 - $40,000
= $331,500
The computation of the interest cost is shown below:
= Opening balance of PBO × discount rate
= $265,000 × 10%
= $26,500
The increased value of the plan assets would be ignored.
------------------elasticity of demand<span> measures the sensitivity of the quantity demanded to changes in the price</span>
