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xeze [42]
3 years ago
14

Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real

GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year?
Business
1 answer:
podryga [215]3 years ago
7 0

Answer:

=10%

Explanation:

Real GDP per capital is the GDP per individual in an economy. The formula for calculating real GDP per capital is

Real GDP per capital real GDP/ population

Last year real GDP per capital would be 907,500,000,000/ 3,300,000,000

=907,500/ 3,300

=275

the previous real GDP is 750,000,000,000/3,000,000

=750,000/3,000

=250

increase in GDP is 275-250= 25

Percentage increase

=25/250 x 100

=0.1 x 100

=10%

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Andre45 [30]

An Aquatic plant also is like other plants which produce photosynthesis. So it releases Oxygen to the environment

3 0
3 years ago
"Although Alibaba is competing in the Internet services industry, it has improved its performance by focusing on innovation and
meriva

Answer:

the resource-based model.

Explanation:

Resource-based theory can be understood as one that guarantees a strategic and competitive advantage to an organization through its resources that cannot be imitated and replaced. In the case of Alibaba, its valuable resources that guarantee long-term competitive advantages for the company are the company's ability to offer a wide range of products with significant discounts in relation to competitors, facilities for shipping goods worldwide, etc.

8 0
2 years ago
Morganti corporation sells a product for $170 per unit. the product's current sales are 41,800 units and its break-even sales ar
ololo11 [35]
To find the margin of safety in dollars, subtract the breakeven sales from the budged or actual sales. 

Current sales are 41,800 units 
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The margin of safety in dollars is:
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3 0
3 years ago
Suppose you are a supply chain manager for De Beers Diamond co., and your job is to order components for a manufacturing facilit
Fed [463]

Answer:

100 units

Explanation:

Given that,

Annual demand (D) = 500 units

Ordering cost (S) = $5 per order

Holding cost (H) = $0.50 per unit per year

Optimal order quantity(Q):

=\sqrt{\frac{2\times D\times S}{H}}

=\sqrt{\frac{2\times 500\times 5}{0.50}}

=\sqrt{\frac{5,000}{0.50}}

=\sqrt{10,000}

      = 100 units

So, the optimal number of diamonds to be ordered is 100 units.

4 0
3 years ago
On October 1st Joe charged $900 to his credit card, on October 10th he charged another $1,300 to his credit card, and on October
poizon [28]

Answer:

interest expense for October $ 27.25

Explanation:

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+  1,300 x 20/30

<u> +     100 x 15/30    </u>

1,816.67 average balance

Now we multiply this average balance by the interest rate of the credit card:

1,816.67 x 0.18/ 12 = 27.25

4 0
3 years ago
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