True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
Base on my research, the gap that is stated in the problem is the inflationary gap. This is the amount of the real GDP go beyond potential full-employment GDP. Upon eliminating this gap the government forms a policy that will allow the potential GDP to be equal to the real GDP and higher the price level.
Answer:
True
Explanation:
Labour rate (indirect cost) = $40 per hour
Labour rate (Direct cost) = $22 per hour
The total cost per hour is $40 + $22 = 62
For five hours the total labour cost will be = 62 * 5 = £310
According to the results, Mumbai travel will make a profit of $ 40.
Answer:
The option (b) 2.4 is correct.
Explanation:
We can find price elasticity of demand by using the formula shown in the attachment attached with.
Since we know the quantities of product associated with the market price of the product, by putting values in the equation we have:
Price elasticity of Demand =
= [(6000 - 4000) / (6000 + 4000)/2] / [(13 - 11) / (13+11)/2]
Price elasticity of Demand = 2.4
So this is how we can find the price elasticity of supply which says that the producers will respond to prices drop by producing lower quantity of product.
Answer:
$661,500
Explanation:
Given that
Bonds payable $700,000
Discount of issuance = $77,000
The computation of current carrying amount is shown below:-
Current carrying amount = Bonds payable - discount on bonds payable
Discount on bonds payable = Discount at issuance (Issuance ÷ Years bonds payable)
= $77,000 × (10 ÷ 20)
= $38,500
Now we put it into formula
= $700,000 - $38,500
= $661,500