Answer:
Partly by the market mechanism and partly by the political process.
Explanation:
Capitalist Economy is private owned economy, with no state control, having profit maximisation objective. Socialist economy is state (govt) owned economy, having social welfare objective.
Mixed Economy is an economy co-owned by private & government sector. The goal is to achieve balance between profit maximisation & social welfare. The central problems of economy 'what, how, for whom to produce' are solved by both private & government sector. Output is allocated both on the basis of free market demand & supply mechanism, also on the basis of state/ govt (political) process. The govt (political) process regulates & monitors private role through various market interventions :- maximum quotas, price ceiling, price floor etc.
1.50*300=$450
0.5*350=$175
(175/450)*100=39%
Real GDP in 2012 is 39%
Answer: 2,200 units.
Explanation:
The complete exercise is:
![T = 5c + 12 f](https://tex.z-dn.net/?f=T%20%3D%205c%20%2B%2012%20f)
A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?
Given the following equation:
![T = 5c + 12 f](https://tex.z-dn.net/?f=T%20%3D%205c%20%2B%2012%20f)
You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.
Based on the information given in the exercise, you can identify that, in this case:
![T=47,000\\\\f=3,000](https://tex.z-dn.net/?f=T%3D47%2C000%5C%5C%5C%5Cf%3D3%2C000)
Then, knowing those values, you need to substitute them into the given equation:
![47,000 = 5c + 12(3,000)](https://tex.z-dn.net/?f=47%2C000%20%3D%205c%20%2B%2012%283%2C000%29)
And finally, you must solve for "c" in order to calculate the number of units that were shipped to the closer location.
You get that this is:
![47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200](https://tex.z-dn.net/?f=47%2C000%20%3D%205c%20%2B%2012%283%2C000%29%5C%5C%5C%5C47%2C000-36%2C000%20%3D%205c%5C%5C%5C%5C11%2C000%3D5c%5C%5C%5C%5C%5Cfrac%7B11%2C000%7D%7B5%7D%5C%5C%5C%5Cc%3D2%2C200)
Answer:
$27,900
Explanation:
The computation of adjusted cash balance is shown below:-
Adjusted cash balance = Balance at May 31 - bank service fees - NSF check
= $28,525 - $25 - $600
= $27,900
Therefore for computing the adjusted cash balance we simply deduct the bank service fee and NSF check from balance at may 31
Hence, the adjusted cash balance is $27,900