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o-na [289]
3 years ago
15

Stan has a summer beach cottage that he has owned for many years. The cottage is valued at $ 125 comma 000. This​ year, Stan spe

nds ​$250 on paint and ​$600 on​ trees, and then paints the exterior of the cottage and plants the trees himself. If he had hired a professional​ painter, it would have cost ​$1 comma 000 to paint the cottage​ (not including the cost of​ paint), and if he had hired a professional​ landscaper, it would have cost ​$450 ​(not including the cost of the​ trees) to do the planting. How much does Stan​'s improvements to the cottage add to GDP this​ year?
Business
1 answer:
anzhelika [568]3 years ago
8 0

Answer:

Case 1. $850

Case 2. $2.300

Explanation:

  • Improvement in cottage would cost (250 + 600) = 850. So, increase in GDP is 850.
  • If he actually hired the painter total cost would be (1.000 + 250 + 450 + 600) = 2.300. So, increase in GDP is 2.300
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3 years ago
The nth term of the GP is (-1)^n(2)^n.
Bingel [31]

Answer:

-2, 4 and -8

Explanation:

Given the nth term of a GP expressed as;

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When n = 1

a_1 = (-1)^1(2)^1\\a_1 = -1 * 2\\a_1 = -2\\

when n = 2

a_2 = (-1)^2(2)^2\\a_2 = 1 * 4\\a_2 = 4\\

when n = 3

a_3 = (-1)^3(2)^3\\a_3 = -1 * 8\\a_3 = -8\\

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2 years ago
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3 years ago
Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $44,000 in inventory. During t
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Answer:

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Total purchase = new purchases minus purchase returns minus any discount enjoyed.

So total purchase is now:

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Therefore cost of goods sold is:

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=$18,810

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3 years ago
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2 years ago
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