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Olegator [25]
3 years ago
6

Imagine that Jack and Jill buy $500 worth of milk and $200 worth of crayons and coloring books each year for use in their day-ca

re business. Jack and Jill also hire a day-care attendant at a salary of $14,000 per year. If Jack and Jill sell $100,000 worth of day care to parents each year, what is the contribution to GDP by Jack and Jill's Day Care? A. $114,700 B. $100,700 C. $100,000 D. $700
Business
1 answer:
Anettt [7]3 years ago
4 0

Answer:

The correct answer is option C.

Explanation:

The GDP of an economy includes only the final goods and services produced in the economy in the given period of time.

In the given example , the day care shows the service provided by Jack and Jill.

The crayons and color books, milk, attendants are all intermediate goods and services.

So their values will not be included in the GDP.

The GDP will only include the value of daycare sold which is $100,000.

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The nielsen company provides ratings for the tv industry. ratings are calculated from what sources? (multiple correct answers -
alexandr1967 [171]

The Nielsen company provides ratings for the TV industry. Ratings are calculated from following sources:

  • Streaming within seven days of the broadcast date.
  • Watching live TV
  • Viewing on a delayed DVR within seven days of the original air date.
  • Viewer Diaries Residences with TVs equipped with Nielsen Meters.
<h3>What is DVR?</h3>
  • Analog video is transformed into digital format by a DVR.
  • Networks are increasingly more interested in ratings over a time period than just the date and time the show aired because of the time-shifting nature of DVRs.
  • DVR systems process data at the recorder.
  • The majority of networks track ratings using Nielsen's Live Plus service.
  • Live Plus examines who viewed particular programs on their DVRs across various time periods.

Learn more about DVR here:

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3 0
2 years ago
Before the provision for Federal income tax, Karas Corporation had book income of $400,000 for the current year. The book income
Margaret [11]

Answer:

correct option is c. $350,000

Explanation:

given data

book income = $400,000

dividends = $100,000

owned domestic corporation = 15%

to find out

Karas Corporation's taxable income for the current year

solution

we know here that Karas Corporation qualifies report  that dividends received deduction = 50 % of dividends from the taxable unaffiliated domestic corporation

so we here assumed that if paying corporation is unaffiliated

then receiving corporation owns less than =  20 %

so book net income before federal income tax = $400,000

and Dividends received deduction = 0.50 × $100,000 = $50,000

Taxable income will be = book net income before federal income tax - Dividends received deduction   .................1

put here value

Taxable income =  $400,000 - $50000

Taxable income =  $350,000

so correct option is c. $350,000

6 0
3 years ago
The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each
zzz [600]

Answer:

40 air conditioner and 60 fans yield a 1,900 dollar profit

Explanation:

Maximize: 26x_1+15x_2\\$Subject to:\\3x_1+ 2x_2 =240\\2x_1+x_2 =120

We apply this constrain on excel solver tool.

                     Wiring  Drilling    Profit per unit   Total Profit

AC  40 units 120  80            25                  1000

Fan 60 units 120  60            15                  <u> 900 </u>

  240        140  1900                 1,900

8 0
3 years ago
Suppose the following transactions occur during the current year:
Genrish500 [490]

Answer:These transactions combines will increase the Gross Domestic Products by +2500

Explanation:

Gross domestic product is the Value of all goods and service produced within the boarders of the country over a period of time. Gross domestic product is measured in monetary terms. Gross domestic product can also be calculated as a total of all expenditures on goods and services in the economy.

we will now sow how these Transactions affect the gross domestic product

1. 50 cases of beer from a dutch distributor at $40 per case

When Dmitri (assuming he is in the United States) Purchases a 50 cases of beer abroad, Imports increase by $2000 ($40 x 50 cases)

Imports have a negative impact on the Gross domestic product, Therefore the Gross domestic product will decrease by $2000

-$2000 imports = -2000 Gross Domestic Product. ceteris pa

2.US Company sells 200 Transistors to a Spanish company at $15 per case

Exports increase Gross domestic product. When a US Company sells 200 transistors to a Spanish Company at a price of $15 per transistor, Exports will increase by $3000. When export increase Gross domestic product will also increase by -$3000 ceteris par

+$3000 export = + 3000 Gross Domestic Product.

3. Jake US Citizen pays $1500 for a laptop he orders from microell (a US company)

This transaction will increase Consumer's domestic consumption which is represent by a Variable denoted by C in the Consumption equation. When Jake pays $1500, Consumption increases by $1500 which also increases Gross domestic Product by $1500 ceteris pa

+$1500 Consumption = + $1500 Gross domestic product

Combined effect of these Transactions

Consumption + Investment + government spending + (export - import)= GDP

+$1500 + 0 + 0 + 0 + ($3000 - $2000) = + $2500        

These transactions combines will increase the Gross Domestic Products by +2500

8 0
3 years ago
Read 2 more answers
For a new product to be profitable, it must Multiple Choice enable customers to obtain greater total utility from their money in
Sidana [21]

Answer:

have greater marginal utility than existing substitute products

Explanation:

Utility is the satisfaction derived from consuming a good or service.  Products or services that meet or exceed customers' expectations are deemed to have a high utility value. Goods that do not adequately address customers' needs are considered to be of low utility value.

Goods and services deemed to be of high utility value are always in high demand. Consumers will be willing to pay more for such commodities. A product with high utility value will outsell its competitors in the market.

8 0
3 years ago
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