One basis for economics are science of choice.
<span>The relationship between the interactive communication capabilities of the Internet and customization is a highly interactive and individualized information and exchange environment is created for shoppers and buyers.</span>
Answer:
Nominal GDP in 2014 was $1000
Nominal GDP in 2015 was $1665
Nominal GDP in 2016 was $2500
Explanation:
Nominal GDP is the market value of goods and services produced in an economy, un-adjusted for inflation.
NGDP= Q x P
Where
Q= quantity
P= price
Nominal GDP in 2014
NGDP(2014)=$4x 100+ $5 x120
NGDP(2014)=$1000
Nominal GDP in 2015
NGDP(2015)= $4.50x 150+ $5.50x 180
NGDP(2015)=$1665
Nominal GDP in 2016
NGDP(2016)= $5x 200 +$6.00x 250
NGDP(2016)= $2500
Answer:
10%
Explanation:
Data provided in the question
Purchase value of the stock = $80
Number of years = 15
Times = 4
So, the return on owning this stock is
= Number of times^(1 ÷ number of years) - 1
= 4^(1÷15) - 1
= 4^0.0666666667 - 1
= 1.0968249797 - 1
= 0.0968249797
= 10% round off
All other things that are mentioned in the question is not relevant. Hence, ignored it
Answer:
Variable overhead efficiency variance= $3,000 favorable
Explanation:
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 3*15,000= 45,000 hours
Actual quantity= 44,000 hours
Standard rate= $3 per hour
Variable overhead efficiency variance= (45,000 - 44,000)*3
Variable overhead efficiency variance= $3,000 favorable