Answer:
Physical surroundings.
Explanation:
Ruth wants to buy special gift for her best friend's baby shower party. She has invited her sister to help her out with the selection in the shopping. Situational influence is described but there is no hint of physical surrounding. Author has not mentioned anything about the physical surrounding in the passage.
Answer:
$2 trillion
Explanation:
In a closed economy GDP is $12 trillion
Consumption is $8 trillion
Government spending is $2 trillion
Taxes is $0.5 trillion
Therefore the investment spending can be calculated as follows
= $12 trillion - $8trillion-$2trillion
= $2 trillion
Hence investment spending is $2 trillion
Answer:
C
Explanation:
because I feel that many individuals would select the most basic option, such as A or B.
Answer:
$20
Explanation:
Calculation for the marginal cost of producing an additional unit of output
Using this formula
Marginal cost=Wage per week/Marginal product of labor
Let plug in the formula
Marginal cost= $700 per week/35 units per week
Marginal cost= $20
Therefore the marginal cost of producing an additional unit of output is $20
Answer:
d. $625,000
Explanation:
cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period
- cost of goods manufactured during the current period = $600,000
- finished goods inventory at the beginning of the period = $25,000
cost of goods available for sale = $600,000 + $25,000 = $625,000
cost of goods sold = cost of goods available for sale - ending inventory = $625,000 - $40,000 = $585,000
