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<span>An increase in buyers' income in the market for radios will increase the market price and increase the market quantity of radios, a normal good.
I hope this helps!</span>
I think that the answer would be 30% of the fixed costs for $60,300 plus $3800=64,100 ie including the loss which would be saved if the mountain bike business was eliminated. The $3800 represents the operating loss for the mountain bike business.
Growth in GDP refers to rise in per capita income of the country
Better GDP gives us better purchasing power
It denotes our exports have increased and country is in right direction
