Answer:
Option (C) is correct.
Explanation:
Given that,
Population rises from 40 million to 44 million
Country's Real GDP rises from $825 billion to $890 billion during this same period.
Therefore,
This country experiencing a absolute economic growth because of the rise in real GDP.
Initial per capita growth:
= Initial Real GDP ÷ Initial Population
= $825 ÷ 40 million
= $20.625
New per capita growth:
= Increased Real GDP ÷ New Population
= $890 ÷ 44 million
= $20.227
Above calculations clearly shows that there is a decline in the per capita growth.
Hence, there is an absolute economic growth but not per-capita real.
Answer:
The total amount of cash expected to be received from customers in September is: B. $ 108,000
Explanation:
The total amount of cash expected to be received from customers in September include the following :
- <em>Cash Sales in the month of September - 25 %</em>
- <em>Cash Receipts from Accounts for August Sales - 75 %</em>
<u>The Calculation of cash expected to be received from customers in September is as follows :</u>
Cash Sales - September = 120,000 × 25% = 30,000
Credit Sales - August = 104,000 × 75% = 78,000
Total = 108,000
Answer:
C.$46,730
Explanation:
Nadal Corporation manufactures custom molds for use in the extrusion industry. Based on the data available we first see the formula to calculate the total manufacturing cost of the job 532.
In general, sum of all the cost directly or indirectly included in the manufacturing cost. Therefore the formula is as below
Total Manufacturing Cost = Direct Labor Cost + Direct Materials Cost + Manufacturing Overhead Cost.
Direct labor cost $36,800
Direct materials used $5,000
Predetermined manufacturing overhead rate based on machine hours $17 which is = $17 x 290 hours
Manufacturing cots= 4930$
Total Manufacturing Cost = 36800 + 5000 + 4930
Total Manufacturing Cost = 46,730$
Answer: PLEASE see below for answer
Explanation: An excludable good is referred to as a private good which restrict people from using them while a non excludable goods are public goods that do not place restriction an so people can access them eg park .
Also, Non-rivalrous goods are those goods that even though consumed by the people will not cause shortage of the availability of the same goods to others. A rivalrous good is the opposite as it causes shortage in availability to others when used.
National Defence----Non excludable and Non Rivalrous
Pay-Per-View cable television---Excludable and NonRivalrous
a Hot Pocket sandwich--- Excludable and Rivalrous
private classroom education--- Excludable and Rivalrous
pajamas--- Excludable and Rivalrous
a unicycle ---- Excludable and Rivalrous