Sustainable businesses tend to be run by CEOs who are:

"Which of the following is correct?

ICE Princess25 [194]

Answer: Option (B) is correct.

Explanation:

The nominal GDP is equal to the real GDP in the base year, that's why GDP deflator in the base year is equal to 100.

GDP deflator is calculated as the nominal GDP divided by the real GDP multiply by 100. It is shown as:

GDP deflator = $\frac{Nominal\ GDP}{Real\ GDP} \times 100$

GDP deflator would be used as the conversion factor that transformed the real GDP into nominal GDP.

5 0

3 years ago

Harold Corporation has an existing contract to sell 200 units of product to a customer at $10 each. After the delivery of 150 un

nika2105 [10]

Answer:

C. $142.50

Explanation:

From the existing contract,

200 units for $10 each

150 units were delivered so, 10 x 150= $1500.

The customer wants to extend the contract for additional 100 units at $9.50 each.

So,what is the revenue to Harold Corporation for these additional units which cost $9.50 for the next 15 units.

Therefore, 15 x 9.50= $142.504

4 0

3 years ago

Read 2 more answers

Use the following information for the next four questions.St. James, Inc. currently uses traditional costing procedures, applyin

Nonamiya [84]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Estimated overhead= $800,000

Total estimated direct labor hours= 4,000

Direct labor hours Beta= 1,200

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 800,000/4,000= $200 per hour

Now, we can allocate overhead to Beta:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 200*1,200= $240,000

6 0

3 years ago

Assume that both labor and capital exhibit diminishing returns. Suppose you can hire an additional unit of labor for $10, and sh

anygoal [31]

Answer:

b) Nothing, because you are already minimizing cost

Explanation:

cost of producing one additional unit by hiring more workers = $10 / 50 units = $0.20 per unit

cost of producing one additional unit by buying the machine = $200 / 1,000 units = $0.20 per unit

Since labor exhibits a diminishing return, the next unit of labor will produce less than 50 units. This means that if you want to increase production, you should buy the machine.

Using the same logic, the previous units of labor were able to produce more than 50 units, which means that the average total cost was lower using labor than the machine. So if the company's concern is to minimize costs, then they are already doing so.

4 0

3 years ago

A decrease in investment spending at each price level will shift the aggregate ______.

salantis [7]

Answer:

A decrease in investment spending at each price level will shift the aggregate demand curve to the left

8 0

2 years ago

​Sustainable businesses tend to be run by CEOs who are:

Sustainable businesses tend to be run by CEOs who are: