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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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On February 1, 2020, Hawser Corporation purchased a parcel of land as a factory site for $960,000. An old building on the proper
Zolol [24]

Answer:

Cost of land = $1,005,000

Cost of building = $4,275,000

Explanation:

The calculation of cost of the land and new building is shown below:-

Cost of land = Purchase cost + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials

= $960,000 + $ 60,000 + 15,000 - $30,000

= $1,005,000

Cost of building = Architects Fees + Construction costs

= $105,000 + $4,170,000

= $4,275,000

5 0
3 years ago
When cisco systems inc. of san jose, california, and tata consultancy services of mumbai, india, entered into their __________,
ser-zykov [4K]
Strategic aliance is collaborative relationship between independent firms. Though this relationship the partnering firms  do not invest in one another, which means <span>do not create an equity partnership</span>
<span>Example is when Cisco systems inc. of San Jose, California, and Tata consultancy services of Mumbai, India, entered into their strategic aliance.  They both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked.</span>
3 0
4 years ago
When the government of any country restricts the sale of a particular commodity to certain groups — for example, restricting sal
Alla [95]

Answer:

qualified available

Explanation:

Qualified available Market refers to the situation when only customers with specific criteria are able to make a purchase. In most cases, those criteria revolved around age, gender, or group membership.

Alcochol is an example of qualified available market because it created a situation which only allow consumers older than 21 to make a purchase.

Other example would be Waxing salon.  Large portion of waxing salons only allow female customers to purchase their service (since the workers are also females and feel uncomfortable to give their service to male customers.)

8 0
3 years ago
Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
lakkis [162]

Answer:

a. Unity of direction

Explanation:

Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.  

Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.

Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.  

Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.  

In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.  

6 0
3 years ago
What is the purpose of annotating mail?
NARA [144]
To annotate something is to look over. You need to re-check your mail before you send it off. Make sure the address is right. Make sure everything on there is correct before you send it off. The people that deliver the mail need to make sure they are giving the right person the right mail.<span />
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3 years ago
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