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mixas84 [53]
3 years ago
9

Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti

c product​ (GDP) is an important macroeconomic variable. If in 2010 GDP was​ $11,150 billion​ dollars, and GDP increased to ​$11 comma 78011,780 million in​ 2011, what is the growth rate of the U.S. economy in​ 2011?
Business
1 answer:
Andreyy893 years ago
7 0

Answer:

The growth rate of the U.S economy in 2011 was 5.65%

Explanation:

This is a simple calculation

We use this formula to calculate percent changes from one period to another:

% change = \frac{New Value - Old Vaue}{Old Value} * 100

We have that the GDP for 2010 was $11,150 billion and the GDP in 2011 was $11,780 billions we then apply the formula:

% change = \frac{11,780 - 11,150}{11,150} * 100

% change = \frac{630}{11,150} = 0.056 * 100 = 5.65%

This means that the growth rate of the U.S economy in 2011 was 5.65%

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Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $28,0
mixas84 [53]
The ending cash balance will be $11,000.

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$16,000
$16,000-$10,000
$6,000
$6,000+$5,000
$11,000
6 0
3 years ago
Suppose the supply function for avocados is Q = 58 + 15p - 20p_f. where P_f is the price of fertilizer. If the price of fertiliz
Veseljchak [2.6K]

Answer:

-22.

There will be the decrease in price hence the supply curve shifts to the left.

Explanation:

So, it is given from the question above that the supply function for avocados is Q = 58 + 15p - 20p_f.

The p_f given in the question = $1.10 which is the price given for the fertilizer as it rises that is to say it rises at that amount.

If the price increases by $1.10, then we have a reduction of -( 20 × 1.10) = -22.

Kindly note that the negative sign denotes the reduction in supply. This reduction causes the supply curve to shift to the left.

The diagram for the supply curve Is given in the attached picture.

5 0
2 years ago
Zappos segments its B2B customers by sifting through the data it has collected on companies that request the free portion of its
AlladinOne [14]

Answer:

Customer Type Segmentation

Explanation:

Customer Type Segmentation is a process where a company analyzes and divides its customer base into groups following a common factor between then. For example, it could be age, residence place, monthly income, etc. In this case, Zappos is dividing its customer base into groups based on what kind of business they are in. That offers a variety of benefits, such as targeted ads, better retention strategies or a superior and personalized customer experience.

8 0
2 years ago
When transportation costs are added to production costs, it becomes unprofitable to ship some products over a large distance. Th
s344n2d4d5 [400]

Answer:

The correct answer is have a low value-to-weight ratio.

Explanation:

Products that have low weight-value ratios (for example, coal, iron ore, bauxite and sand) also have low storage costs but high movement costs as a percentage of their sales price. Inventory management costs are calculated as a ration of the value of the product. Low product value means low storage cost, since inventory management costs are the dominant factor in storage cost. When the value of the product is low, transport costs represent a high proportion of the sale price.

Consequently, companies that deal with products of low value for weight frequently try to negotiate more favorable transport rates; rates are generally lower for raw materials than for finished products of the same weight.

6 0
3 years ago
Read 2 more answers
1 point
gavmur [86]

Answer:

Find attached statement and the question which question number 10.

The correct option is C,$90

Explanation:

In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of  $23.55 was  charged(Section 7)

Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785

balance transfer charge(%)=$23.55/$785=3%

However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).

The correct option then is C,$90

Download pdf
8 0
3 years ago
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