Answer:
The answer is in the image attached
Explanation:
We will ultiply the output per worker by the amount of workers to get the output for each country
<u>United States:</u>
20 workers x 10 output each = 200 computers
20 workers x 80 output each = 1,600 tons of rice
<u>Thailand:</u>
10 x 4 = 40 computer
10 x 60 = 600 tons of rice
Answer:
The gross domestic product (GDP) of the United States is defined as the sum of all goods and services produced in America in a given period of time.
Therefore, options 2, 3, 4 and 5 are included on America's GDP, as all of them are produced in American territory.
Explanation:
Gross domestic product is a macroeconomic indicator reflecting the market value of all final goods and services (intended for direct consumption or use) produced in a year in all sectors of the economy on the territory of the United States, regardless of the nationality of the factors of production used.
Option 1 refers to an American company that produces in Indonesia, therefore its production would be counted for the Indonesian GDP.
All other options refer to goods or services produced in America, therefore they have to be included in American GDP.
The answer is "Sole proprietorship"
Hope this helps! :D
Answer:
They can work to decrease their marginal cost.
They can raise prices to increase marginal revenue,
They can keep marginal costs below marginal revenues,
Explanation:
Marginal cost is the additional expense incurred by producing an extra unit. Marginal revenue is the extra profit realized by selling an additional product or service. To maximize profits, firms should stop selling and production activities when the marginal cost equal to marginal revenue. A profit-maximizing firm is profitable when marginal revenue is greater than or equal to marginal cost.
Profit is obtained by deducting expenses from revenue. To increase profits, a firm should put more effort into increasing revenues while minimizing costs. A profit-maximizing firm should, therefore, work hard to decrease marginal cost and improve its marginal revenue.
Answer:
The boat today is worth 100,440 dollars
Explanation:
We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:
We will apply the formula for lump sum to each 
cash flow and then add them together
Year Nominal Present Value
1 20000 18, 518
2 40000 34,293
3 60000 47,630
TOTAL 100,441
