Answer: Residential interior and architectural design contribute towards housing evolution by building and designing the houses.
<u>Explanation:</u>
Architectures are one who works on the structure of the house. They decide what should be the structure of the house. But the residential interior designers, on the other hand, look after the interior of the house. They decorate the house from inside.
Both of them play a very important role in housing evolution. Houses have developed a lot due to the work done by interiors and architectures. Today a large number of houses are seen in urban areas with all the modern amenities.
Answer:
GDP grew by $2,200
Explanation:
G<em>ross domestic product (GDP) which is the total market value of all the final goods and services produced in a country over a given period of time. The GDP can be calculated using the value added approach.</em>
Here the GPD figure is ascertained by summing the amount of additional value created by each factor of production at each stage of the production process of the final product.
<em>Only the values added are summed, the cost of the inputs or intermediate goods are not included</em>
<em>In this question, the final value of $2200 represents the amount by which the GDP has increased in the period. This also can be verified using the value-added approach as follows</em>
Value added($)
Gold miner - 600
Mining company : 1000 -600 = 400
Jewerlry maker :1600 - 1000 = 600
Departmental store :2200 -1600 = <u>600</u>
Total value added <u>2,200</u>
Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, the producer surplus is $3200.
The government provides public services such as railroads. They are therefore the monopoly as no new partners or private companies are allowed to operate the railways. A monopoly is an individual, group, or company that controls a market for goods or services.
A monopolist is a person, group, or company that controls and controls the market for a particular good or service. This lack of competition and lack of alternative goods or services means that monopolists have enough power to charge high prices in the market.
Learn more about monopolists at
brainly.com/question/13113415
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