Answer:
$1200
Explanation:
Gross Domestic Product (GDP) is the total market value of all of the final goods and services produced in a country over a particular period of time.
The contribution to GDP can be determined by adding the value created by each of the economic agents involved in the creation of the final goods and services
Arthur = 100 = 100
Bob = 300 - 100 = 200
Camille = 700 -300 = 400
Donita = 1200 - 700 = 500
Total Value 100 +200 +400 +500 = $1200.
You will observe that it is the same as the value of the final good i.e dress. In the production process, other goods involved are referred as intermediate goods
Answer:
correct answer A. 415
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<em>Multiples choices for the question : a. 415 b. 300. c. 290 d. 335</em>
Explanation:
The law of demand explains the relationship between the price of a product and the quantity demanded. According to the law, there is an indirect relationship between quantity demanded and price. Should the price increase or decrease, the quantity demanded moves in the opposite direction.
If Miriam reduces the price of headbands, their demand should increase. A low price results in increased demand while a high price reduces demand. From the choices available, option A is higher than the current sales of 335. The reduced price will increase demand, pushing the sales higher.
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Answer:
The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160
Explanation:
The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160
The direct Labor for planning the budget of 6,900 units would be = $ 6.4 * 6900 = $ 44160
The direct Labor for planning the budget of 6,850 units would be = $ 6.4 * 6850 = $ 43840
So the difference between the budgeted direct labor and actual direct labor would be =$ 43840- $43,370 = $ 470
So the difference between the budgeted direct labor for estimated output and actual direct labor would be = $ 44160- $43,370 = $ 790