Answer:
Variable
Explanation:
Given that, Variable is defined as a mathematical term that is often time used in business operation as well, to describe a form of value or cost that is not stable or permanent, which can change over a given period of time.
Hence, in this situation, the correct answer is " a VARIABLE is a measure, such as a price or quantity, that can take on different values at different times.
Answer:
The GDP in this economy is $6,230 billion.
Explanation:
The GDP can be calculated using the following formula:
Y = C + I + G + (X - M) ....................................... (1)
Where:
Y = GDP of the economy
C = Personal Consumption Expenditures = $4,500
I = Gross Private Domestic Investment = $800
G = Government Purchases = $950
X = Exports = $65
M = Imports = $85
Substituting the values into equation (1), we have:
Y = $4,500 + $800 + $950 + ($65 - $85)
Y = $6,250 - $20
Y = $6,230
Since the figures are in billions of dollars, the GDP in this economy is therefore $6,230 billion.
Answer:
b. Is developed for a single level of expected output.
Explanation:
The static budget means the fixed budget i.e fixed in nature. The amount does not changed moreover there is no significant changes occurred in this type of budget. If there is any business fluctuations or any other kind of fluctuations it does not impact at all
In addition, it is developed for a single level of expected output i.e developed for a single activity by considering its expected outcome or results
Answer:
total revenue for the month = $18000
Explanation:
given data
makes quilting kits priced = $120 each
materials each kit total = $45
labor to assemble a kit = $5
rent and insurance = $1,000
heat and electricity = $200
advertising = $500
monthly salary = $4,500
sold = 150 kits
to find out
total revenue for the month
solution
we get here total revenue for a company that will be here product of the price
and it charge for product and no of product it sell so It is nothing to do with cost
so now the total revenue for the month will be
total revenue = sold × makes quilting kits priced
total revenue = 150 × $120
total revenue for the month = $18000
Answer:
The straight-line depreciation method
Explanation:
Under the straight-line method, the depreciation amount is a percentage of the asset value at cost. The percentage is the depreciation rate. It is obtained by dividing one by the number of useful years.
i.e. depreciation rates =1/ useful life x 100.
Since the depreciation rate will be constant, and the asset cost does not change its value, the depreciation amount will be a constant figure throughout the useful life of the asset.
