Answer:
The GDP of the island is 1,350 clam shells.
Explanation:
George and John produce fish, boars, and bananas in their two-person economy. Fish sell for 1 clamshell each, boars sell for 10 clamshells each, and bananas go for 5 clamshells per bunch.
In this economy, the GDP will be the value of final goods and services produced. Intermediate goods will not be included.
Digging bait for fishing and the purchase of banana trees will not be included in the GDP.
The GDP of the island in terms of clamshells will be
= 
= 300 + 50 + 1,000
= 1,350 clam shells
Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.
Explanation: Those are two primary functions.
Answer:
I'd have to go with B for this one
Explanation:
Reason for that would be because of the fact that you'd want your employer to see the skills and qualities for the job so that they know that they of course made the right decision based off your resume and such
Answer:
where:
The inventory turnover represent how many times the company sales their inventory during the year or period of analysis.
A high inventory turnover during Christmas shopping seasons mean sales are higher. The inventory in the store is sold more times during this time.
Answer:
Check the explanation
Explanation:
Alternative A
Let the break even point be X, then
Total Revenue = Total Expense
60*X = (300000 + 25*X)
35*X = 300000
X = 8571.43 Units
Alternative B
Let the break even point be Y, then
60*Y = (250000 + 30*Y)
30*Y = 250000
Y = 8333.33 Units
