Answer:
=$398.16
Explanation:
Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.
If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.
= 58% of 252 + 252
= (58/100 x 252 ) + $252
=$146.16 +252
=$398.16
Answer:
$17,835.90
Explanation:
Currently Hodgkiss is operating at 92% of its fixed asset capacity, so they have an spare 8% to grow without adding any more fixed assets: ($780,000 / 92) x 100 = $847,826.09.
So they need to add fix assets in to increase its production by $32,173.91 (= $880,000 - $847,826.09).
Every dollar spent in fixed assets generates at full capacity $1.8039 in production output (= $847,826 / $470,000).
If they want to increase production by $32,174, they will need to spend $17,835.90 in fixed assets.
The answer is opposite direction as <span>goods and services.
In the circular flow model, the expenditures on goods and services will be paid by the households to the producers/
The direction of goods and services (products) on the other hand, will be given by the producers to the households.
</span>
The suggestion is that poor countries reduce barriers to products relating to agriculture and <u>textile </u>products.
<h3>Why the suggestion?</h3>
- It is thought that poorer nations produce certain type of products and these should be traded freely in developed countries.
- It is hoped that this would allow poorer nations to become richer.
Some of those products include agricultural and textile products, both of which require little processing from raw materials which are abundant in poorer nations.
Find out more on agriculture in poorer nations at brainly.com/question/25077523.
