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Softa [21]
3 years ago
13

(Challenge Question) A baker sells five pies to a Jill’s Fresh Pies for $20. Jill’s Fresh Pies resells three "fresh" pies for $9

per pies. The remaining pies are boxed and sold online for a total of $16. Taking all these transactions into account, how much is added to GDP?
Business
1 answer:
Karolina [17]3 years ago
6 0

Answer:

$43

Explanation:

Data given in the question

Sale value of Jill fresh pies = $20

Resale value of each pies = $9

Number of pies for reselling = 3

And, the remaining pies sale value = $16

By considering the above information, the amount added to GDP is

= Resale value of each pies × Number of pies for reselling  + the remaining pies sale value

= $9 × 3 + $16

= $27 + $16

= $43

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The graph shows unemployment rates in the United States in recent years.
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The correct answer is C. The United States suffered an economic downturn starting in 2009.

Explanation:

The graph shows the percentage of unemployment in the U.S. from 2006 to 2012. In this, you can see the unemployment rate was between 4% and 5% during 2006, 2007 and 2008; however, after this year the rate suddenly increased. Indeed in 2009, the rate was 6% and in 2010 it was 10%, which is evidently higher than in previous years. This situation suggests there was an economic recession or downturn that began in 2009 and continued during the following years, this explains why the number of unemployed people increased as an economical recession usually leads to fewer jobs. Thus, the most accurate statement is "The United States suffered an economic downturn starting in 2009".

6 0
3 years ago
Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses a
Ludmilka [50]

Answer:

$44,377

Explanation:

Note: The answers (options) attached this question belongs to another question

Particulars                                                             Amount

Salaries ($48,000*1,200/3,500)                           $16,457

Depreciation ($24,000*$102,600/$270,000) $9,120

Advertising ($47,000*$346,000/$865,000) <u>$18,800</u>

Total                                                                       <u>$44,377</u>

5 0
2 years ago
Companies are turning to customer relationship management (CRM) to improve their customer focus. CRM uses information technology
Wittaler [7]

Answer:

Marketing, sales and customer service

Explanation:

Customer relationship management (CRM) is a business strategy implemented across the entire company that is aimed at improving the company's income, profit, lower cost and increase customer loyalty based on the principle of putting the customer first in management decisions. CRM combines actions, methodologies, and technologies that establishments utilize for managing and analyzing customer correspondence and information within a customer's period of doing business with the establishment so as to improve customer retention, service, and relationship as well as to improve sales.

3 0
3 years ago
Determine your targetarket​
mart [117]

Answer:

A target market refers to a group of customers to whom a company wants to sell its products and services, and to whom it directs its marketing efforts. Consumers who make up a target market share similar characteristics including geography, buying power, demographics, and incomes.

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7 0
3 years ago
BSW Corporation has a bond issue outstanding with an annual coupon rate of 7 percent paid quarterly and four years remaining unt
Liono4ka [1.6K]

Answer:

$788.35

Explanation:

For computing the fair present value we need to apply the present value formula which is to be shown in the attachment below:

Given that,  

Future value = $1,000

Rate of interest = 14%  ÷ 4 = 3.5%

NPER =  4 years × 4 = 16 years  

PMT = $1,000 × 7% ÷ 4 = $17.5

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the formula, the fair present value is $788.35

3 0
3 years ago
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