Both an increase in imports and increase in exports can contribute to economic growth by increasing the Gross Domestic Product. Gross Domestic Product is the monetary value of all the finished goods and services produced within a country's border in a specific period of time, as defined in Investopedia.
Fixed costs = $3,000,000
Variable costs = 40% of Sales
Sales - x
Net income = $300,000
3,000,000 + 0.4 x + 300,000 = x
3,300,000 = x - 0.4 x
0.6 x = 3,300,000
x = 3,300,000 : 0.6
x = 5,500,000
We can prove it:
3,000,000 ( FC )+ 2,200,000 ( VC ) + 300,000 = 5,500,000
Answer:
The required sales for Montoya manufacturing: $ 5,500,000.
To protect domestic businesses.
Let’s think of the USA and China:
If:
USA steel factories produces 1 steel girder and sells at $1000
Chinese steel factories produces 1 steel girder and sells at $500
—— If there is NO quotas, tariffs or other protectionisms, then the most rational thing is to purchase the Chinese steel girders. Harming USA steel factories.
—— If USA raises tariffs: Puts 50% tariff of Chinese steel
- Then Chinese steel, for USA consumers would cost $750. Lowering USA’s demand for Chinese steel but increasing USA consumer’s demand for USA steel.
They can increase the USA’s economic welfare as many domestic steel-extracting factories and their employee’s are protected/benefitted. Though, it may harm some manufacturing jobs.
Well, in the end it depends on the scale of those trade barriers.
Talk to your boss and see why you're facing unemployment
talk to your co-workers to see if they can help you]
look for other jobs when you have the time
find a way to work harder
ps: don't worry about losing your job =, there are plenty out there and you will be ok. so stay positive and hope that your boss is nice
Answer:
The correct answer is E.
Explanation:
Giving the following information:
They plan to run a full-page newspaper ad in Metro News. The readership of Metro News is 850,000 and the cost of the ad is $82,000.
First, we need to calculate the cost per reader:
CPR= 82,000/850,000= 0.09647
Now, we can calculate the cost per thousand:
CPM= 0.09647*1,000= $96.47
