<span>The example of an asset is the shirt someone is wearing. An asset is something that an owner has. A shirt is an asset because it's a thing that an owner has and he can sell it in the future. He can benefit from this when he makes a profit out of it. An asset means an ownership that a person has just like land, house, car, and all properties.</span>
Explanation:
Breakeven=fixed cost/selling price - variable cost
so 14,300000/380-250
14,300000/130 = 110,000 units to be able to make break even
India has had recent economic success due to foreign companies, international aid and agricultural success. It was not due to foreign investors as you cannot invest in a country.<span />
If the price level rose from 131 to 157 but economic output remained the same, real GDP would increase.
The price level has increased and the output is constant then the nominal GDP would increase.
- The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished products and services produced (and marketed) inside a nation within a specific time period (typically 1 year). Purpose. GDP stands for "Gross Domestic Product" and reflects the total monetary worth of all finished products and services produced (and sold on the market) inside a nation during a specific period of time. GDP is the most often used indicator of economic activity (typically 1 year). Purpose. The most often used indicator of economic activity is the GDP.
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