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Oksi-84 [34.3K]
3 years ago
6

In 1980 Denmark had a GDP of $70 billion (measured in U.S. dollars) and a population of 5.1 million. In 2000, Denmark had a GDP

of $160 billion (measured in U.S. dollars) s and a population of 5.3 million. By what percentage did Denmark’s GDP per capita rise between 1980 and 2000?
Business
1 answer:
mina [271]3 years ago
6 0

Answer:

119%

Explanation:

1980: GDP per capita was $70,000,000,000/5,100,000= $13725,42

2000: GDP per capita was $160,000,000,000/5,300,000= $30188,67

To find the rate of change we use this formula:

((Final answer- initial answer) / initial answer)*100

($30188,67-$13725,42)/$13725,42= 1.199*100=119%

Denmark´s GDP rise 119% btween 1980 and 2000

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The right answer is D. Commission.

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when an employee does not have a fixed salary, but earns according to the sales he achieves during the month, and is a percentage for each. This type of payment is known as commission salary.

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3 years ago
Orders placed for buying shares of a mutual fund any time up to 4:00 p.m. are priced at that day’s net asset value (NAV), and or
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Answer: Forward pricing

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There are hundreds of colleges that serve millions of students each year. the colleges vary by location, size, and educational q
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8 0
3 years ago
Suppose there is a major technological issue in the production of a good that causes production costs and prices to rise. If dem
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If the market for a good that sees its production costs and prices rise is inelastic, the quantity demanded will not change.

<h3>What is inelastic demand?</h3>

A good that has inelastic demand is one that will not see its demand change much when there is a price change.

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3 0
2 years ago
Primare Corporation has provided the following data concerning last month’s manufacturing operations.
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Explanation:

                                       Primare Corporation

                                 Cost of Goods Manufactured

Beginning work-in-process inventory                                  $56,000

Manufacturing costs:

Direct materials:                                                  

Beginning inventory                                   $12,000

Purchases                                                    $30,000

Materials available                                      $42,000

Less:  Ending inventory                              -$18,000

Direct materials used                                                             $24,000

Less:Indirect materials included in manufacturing overhead -$5,000

Other manufacturing costs                                                  

Direct labor                                                                     $58,0000

Manufacturing overhead applied to work in process $87,000

Less:  Ending work-in-process                                                  $65,000

Cost of goods manufactured                                                    $155,000

b.                                     Primare Corporation

                                 Cost of Goods Sold

Beginning finished goods inventory                                        $35,000

Add: Cost of goods manufactured                                           $155,000

Finished goods available for sale                                             $190,000

Less:  Ending finished goods inventory                                   -$42,000

Unadjusted cost of goods sold                                                  $148,000

Add: Under applied overhead                                                    $4,000

Cost of goods sold                                                                      $152,000

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