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Alex73 [517]
2 years ago
5

Suppose the government passes a law eliminating holidays and, as a result, the production of goods and services increases becaus

e people work more days per year (and thus enjoy less leisure per year). Based on this scenario, which of the following statements is correct?
A. GDP would definitely increase, despite the fact that GDP includes leisure.
B. GDP would definitely increase because GDP excludes leisure.
C. GDP could either increase or decrease because GDP includes leisure.
D. GDP could either increase or decrease because GDP excludes leisure.
Business
1 answer:
hjlf2 years ago
8 0

Answer:

B) GDP would definitely increase because GDP excludes leisure.

Explanation:

The gross domestic product GDP includes the market value of all the final and legal goods and services produced within a country during one year.

Leisure time by itself is not included in the GDP, recreational and travel activities are, e.g. hotel services, restaurants, camping equipment, etc.

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You can avoid storage and assaying problems by investing in:
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Arthur crafts miniature chocolate dollhouses which he sells for $23 each. Arthur has calculated the breakeven level of revenues
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Answer:

Arthur's fixed costs are $952

Explanation:

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8 0
3 years ago
A local pizza parlor adds special seasonal pizza to its menu every month, and they are thinking of permanently adding one to the
polet [3.4K]

Answer:

If the past analysis suggests that the customers consume more of the special flavors then that special flavor can be added to the menu permanently. But the analysis is to be made that of which flavor is consumed more than the regular ones {already in the menu}. The taste of customers is important and this will help in adding more seasonal flavors {they can be added in the regular menu if the customers prefer new flavor}. If the analysis finds that customers don't consume special flavors for more than a single time than new flavors needs to be launched every month in order to secure high number of sales.

This 4 month analysis will enable the local pizza parlor achieve a good customer satisfaction and reach its goal.

Explanation:

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This 4 month analysis will enable the local pizza parlor achieve a good customer satisfaction and reach its goal.

6 0
2 years ago
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steposvetlana [31]

Explanation:

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Sales                          $  337,500                            $  45

Less: Variable Cost  $  165,000                            $  22

Contribution margin  $  172,500                                    $  23

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Sales Total = $ 45 * 7,500 Units

Variable Cost Total = $ 22 * 7,500 Units

Contribution Margin Total = $ 23 * 7500 Units

7 0
3 years ago
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