The total revenue and the marginal revenue when he sells the 100th pound of apples is
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)
So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
The two requirements of supply that someone must meet in order to be considered a producer are the following:
1. the willingness to supply a product or service
2. the ability to supply a product or service
Without these two, you don't have what it takes to become a producer. But if you have the means to support your company, and the wish to do so, there's nothing stopping you.
Explanation:
a. Total income formula is:
Y= C+I+G+NX
Y=20.1+3.5+5.2+(-1)
Y= $27.8 billion
b. In closed economies, income is calculated with this formula:
I=Y-C-G
I= 1.5-1-0.8
I= -$0.3 trillion
In open economies, income cannot be calculated because net exports (NX) data is missing.
c. NX is
NX= 576-445-115-81
NX= -$65 billion
NX is exports minus imports, in this case imports are more than exports. To calculate exports you need imports data.
Answer:
it is a type of discrimination at workplace which is permitted by law
Answer: Technology is the vital force in the modern form of business globalization. ... Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place.
Explanation:
