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lutik1710 [3]
3 years ago
9

Assume a market is in equilibrium. There is an increase in supply, but no change in demand As a result the equilibrium price ___

_____, and the equilibrium quantity ________. A. falls; increases B. rises; decreases C. rises; does not change D. rises; increases
Business
1 answer:
cluponka [151]3 years ago
5 0
It is number D because if there’s an increase in supply but not change in demand then the equilibrium price will rise and the quantity will increase
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Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transacti
snow_tiger [21]

Answer:

The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States

B) The costs of overfishing and other overly intensive uses of resources.

C) The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

D) The leisure time enjoyed by Americans

Explanation:

GDP is a tool that is used to measure a nation's economic performance, However, it has limitations due to its exclusion of non-market transactions.

  1. The limitations identified can be summarized as:
  2. GDP does not incorporate any measures of welfare.
  3. GDP only includes market transactions.
  4. GDP does not describe income distribution.
  5. GDP does not describe what is being produced.
  6. GDP ignores externalities.

6 0
3 years ago
Consumption spending is $4.5 billion, gross private domestic investment is $3 billion, and government expenditures are $2 billio
masha68 [24]

Answer:

exports are $15 billion, and imports are $10.5 billion

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption + Investment spending + Government Spending + Net Export

14 billion = 4.5 billion + $3 billion + $2 billion + Net Export

Net Export = $4.5 billion

Net Export = export - import

Net Export is positive so it indicates that exports is greater than imports.

Going through the options, it is only option d that is equal to 4.5 and the export is greater than the import.

I hope my answer helps you

7 0
3 years ago
In what form do households receive income from labor within a resource market?
bazaltina [42]
They receive income by wages
6 0
3 years ago
Read 2 more answers
The following events took place at a manufacturing company for the current year:
PilotLPTM [1.2K]

Answer: $25,369.50

Explanation:

GIVEN THE FOLLOWING :

Purchased direct material = $97,000

(2) Incurred labor costs as follows: (a) direct, $58,000 and (b) indirect, $15,600.

(3) Other manufacturing overhead was $109,000, excluding indirect labor.

(4) Transferred 80% of the materials to the manufacturing assembly line.

(5) Completed 65% of the Work-in-Process during the year.

(6) Sold 85% of the completed goods.

(7) There were no beginning inventories.

Ending work in process inventory is calculated by;

(Beginning inventory + 0.8(direct material purchased) + direct Labor + (indirect labor + other manufacturing overhead)) × percentage Work in process

($0 + (0.8×97000) + 58000 + (15600+109000))×0.65

=($0 + $77,600 + $58,000 + 124600)×0.65 = $169,130

Ending WIP Inventory = (100-85)% × $169,130

0.15 × $169,130 = $25,369.50

6 0
3 years ago
When planning for college you should consider everfi answers?
alekssr [168]

<u>A student should visit college, consult with the college adviser and join the school clubs before joining a college.</u>

Further Explanation:

Planning for college:

Following steps should be considered while planning for college:

Visiting college during the junior year: When planning for college admission, the student should visit the college in the junior year to know the culture of the college, environment, and activities carried out in the college. It would help the student to take the admission decision.

Speaking with the school’s college adviser: The student should consult with his/her teachers about the college selection. Teachers or college advisers have knowledge and experience about the colleges. Therefore, they would provide expert advice to the student about the college selection.

Joining an after school club or sports team: The students should join the student clubs. They would meet other students there and could discuss the college selection. It would give them a brief idea about the college selection of other students.

<u>Thus, a student should visit college, consult with the college advisor, and join the school clubs before joining a college. </u>

Learn more:

1. Learn more about the pre-negotiation planning

brainly.com/question/10089477

2. Learn more about the type of behavior

brainly.com/question/1193707

3. Learn more about the resume writing

brainly.com/question/1100786

Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Decision making  

Keywords:  When, planning, for, college, you, should consider, everfi, answers, school, joining, admission, selection, decision making, process.

5 0
3 years ago
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