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Gekata [30.6K]
3 years ago
12

A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.Price and quantity data are as follows:

Business
1 answer:
vesna_86 [32]3 years ago
8 0

Answer:

Nominal GDP is $74,437.50

Real GDP is $37,250

Explanation:

The computation of the nominal GDP is shown below:

Year 2 = Corn bread quantity × corn bread price + Software quantity × software price

= 125 × $1.5 + 825 × $90

= $187.50 + $74,250

= $74,437.50

And, the computation of the real GDP equals to

= Year 1 corn bread price  × year 2 corn bread quantity +  Year 1 software price  × year 2 software quantity

= $1 × 125 + $45 × 825

= $125 + $37,125

= $37,250

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One problem in the interstate trucking industry is the number of trucks that return after making a delivery with an empty truck.
garik1379 [7]

Answer: Yield management pricing

Explanation It can be defined as the strategy in which the company studies and influence consumer behavior with the intent of maximizing profit with the limited amount of resources available.

In the given case, the truckers have limited time and they are getting extra revenue from the website. This will result in maximization of their profit.

Thus, from the above we can conclude that the right answer is option E.

5 0
3 years ago
•<br> List three examples of lighting and give the purpose for each
jarptica [38.1K]

Answer:

The three examples of lighting are;

1. General lighting

2. Task lighting

3. Accent lighting

Explanation:

Lighting involves the use of electricity to serve a function. When designing a room, the type of lighting is important in achieving specific aesthetic purposes. The three examples of lighting are; General, task and accent lighting. They are further explained below;

1. General lighting

General lighting is usually meant to illuminate an entire room. It is supposed to make all corners of the room visible in it's entirety. It usually of a soft and flat nature to ensure that it looks as natural as possible. It;'s major function is to get one safely from one point to another. It's not meant for highlighting things on the space, rather the room should be viewed as one homogeneous space. A room of ambient light should give a warm feeling of relaxation especially after a stressful day. It allows the pupils to slightly dilate and also brings the mood of relaxation. Most yoga sessions usually prefer the use of ambient lighting during meditation. The following lights can be used to cause ambient light, namely; chandeliers, pendants, track, recessed and ceiling.

2. Task lighting

Task lighting usually covers a smaller area to illuminate that particular portion of the room. It is a much narrower and more concentrated type of light. Sometimes referred to as office lighting, this type of lighting works well one trying to concentrate on a specific task. They are majorly used when conducting activities that require a lot of attention that requires one to see more clearly.  The tasks can include; sewing, reading, cooking and writing. The task lighting is always effective when it is brighter than the general lighting in a room. When the lighting in the room is brighter than the task lighting, it causes a shadowy effect that affects visibility. Task lighting improves alertness by stimulating your brain to be more active and notice even finer details of your work. The following fixtures can assist in creating task lighting, namely; swing arm lamps, pendants, under cabinet and vanity.

3. Accent lighting

Accent lighting is a special type of concentrate light that serves two purposes. Accent lighting serves to illuminate specific objects or points in a room that are interesting while trying to shadow the dull parts of the same room. Accent lighting adds more flavor and drama to specific objects in a room and is mostly used on objects such as; art work, pieces of furniture, decorative book display and wall decorations. Accent lighting brings a mood of importance and sophistication towards the objects being highlighted. It is majorly used in museums, art shows and buildings with historical meaning. To create accent lighting, the following lights are recommended; Recessed, Wall lights, Landscape and Track.

7 0
3 years ago
How is the measure of occupational prestige determined? a. Employers are asked how prestigious they believe their businesses are
Readme [11.4K]

Answer:

The measure of occupational prestige is determined through the process in which a nationwide sample of people is asked to evaluate a series of different jobs.

Explanation:

Occupational prestige is also known as job prestige. It is a way used by sociologists to define the social position or standing of people based on their occupation. Rather than using the personal attributes of individuals, it ranks people according to their profession or occupation. The ranks lie from 0 to 100, with 0 being lowest score and 100 the highest. These ranks are alloted to different professions by conducting nationwide surveys.

7 0
3 years ago
Dave had a balance of $236.17 on his department store charge account. how much interest did he have to pay for the month if the
Aloiza [94]
The answer is 236.17x1.017=240.18
3 0
3 years ago
The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,
Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

<u>Now, the NPV:</u>

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0
3 years ago
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