By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
<h3 />
What is a sales seminar?
Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.
In conclusion, the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
Read more about sales seminar
<em>brainly.com/question/23714927</em>
Answer and Explanation:
The preparation of the contribution margin income statement for the year is presented below:
Sales (45,000 units × $16 per unit) $720,000
Less: variable cost (45,000 units × $180,000 ÷ 30,000 units) -$270,000
Contribution margin $450,000
Less: fixed cost -$300,000
Net operating income $150,000
Answer:
Suppose a house is built and sold in the year 2008. If the house is resold in the year 2019, is the value of the house included in Gross Domestic Product (GDP) for 2019?
- A. No. GDP for 2019 includes only production that occurs during 2019.
Would the services of a real estate agent who helped sell (or helped buy) the house be included in GDP for 2019?
- B. Yes. GDP for 2019 includes the market value of final goods and services. This includes real estate services.
Explanation:
The gross domestic product of a country includes all the final and legal products and services produced within the country during a certain time period (usually a year).
Since the house was built in 2008, it was included in the 2008 GDP, not the 2019. But the services provided by the real estate agent did actually happen during 2019 and were both final and legal services, therefore, they must be included in the 2019 GDP.
Answer:
58%
Explanation:
For computing the economic growth first we have to determine the change in nominal GDP i.e gross domestic product growth rate which is shown below:
Change in nominal GDP growth rate is
= (GDP as on 2015 - GDP as on 2010) ÷ GDP as on 2010 × 100
= ($15 billion - $10 billion) ÷ $10 billion × 100
= 50%
Now
Economic growth is
= Change in nominal gdp growth rate + decreased in price level - increased in population
= 50% + 10% - 2%
= 58%
Answer:
$6; 60 units
40 units
Explanation:
Given that,
Demand curve: Q = 120 - 10P
Supply curve: Q = 10P
Government imposes a price ceiling = $4 per unit
Without price ceiling,
At equilibrium,
Supply = Demand
10P = 120 - 10P
20P = 120
P = $6 (equilibrium price)
Equilibrium quantity = 120 - (10 × 6)
= 120 - 60
= 60 units
With price ceiling of $4 per unit,
Equilibrium quantity:
= 10P
= 10 × 4
= 40 units