3 years ago

Approximately what portion of our nation's total production is made up of consumer goods?

1 answer:

5 0

It has been estimated and has been researched that the nation’s total production has consist of consumer products which are about seventy percent as they are more than half of the percentage; the consumers where able to consume seventy percent of the nation’s production or products.

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Diane's Donuts will begin selling donuts next week. Diane figures that the average variable cost to make each donut will be cons

saw5 [17]

Answer:

Option (d) is correct.

Explanation:

Given that,

Average variable cost = $0.30 for each donut

Fixed cost: Cost of rent and machinery = $20,000

If the number of donuts produced and sold in one year is 36,500, then

Average fixed cost:

= Total fixed cost ÷ Number of units sold

= $20,000 ÷ 36,500

= $0.547 or $0.55

Therefore, the average fixed costs be $0.55 if she sells 36,500 donuts in one year.

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3 years ago

List the five factors that affect the labor market.

notka56 [123]

The five major factors are immigration, discrimination, unions, unemployment, and income

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3 years ago

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Which type of financial institution typically has membership requirements?

Archy [21]

Online comercial banking

6 0

3 years ago

Households receive a total income of $5 million. Of this, $3.5 million are wages received for laborservices, $1 million are rent

kumpel [21]

Answer:

profit = 250,000

Explanation:

Factor Income is derived from the sum of the Factor of Production

Labor, Land, Capital and Enterprise

Income = wages + rent + interest + profit

To get profit, which is the retribution for the entrepreneur we post our know values and solve for p.

5,000,000 = 3,500,000 wages + 1,000,000 rent + 250,000 interest + p

5,000,000 - 3,500,000 - 1,000,000 - 250,000 = p

p = 250,000

3 0

4 years ago

Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $19 million. The fair value of Midwest's assets

shutvik [7]

Answer:

$7.2 million

Explanation:

For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:

The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities

= $14.3 million - $2.5 million

= $11.8 million

And, the acquisition price of the outstanding stock is $19 million

So, the goodwill would be

= $19 million - $11.8 million

= $7.2 million

4 0

3 years ago