Answer:
Under the installment sales method, the total contract price is $85,000
gain on the sale is $58,800 ( 85,000 + 15,000 - 40,000 - 1,200)
and the amount of gain reported in 2018 is $3,459.
The answer to the question presented above would be the tragedy of the commons. When individual fishing boats harvest more fish each year in order to maximize profits while, as a result, threatening the fish population with <span>extinction, it is called tragedy of the commons. </span>
Answer:
(D) marginal product to increase by 2 units and average product to decrease by 2 units.
Explanation:
When there will be an addition in number of workers then the marginal product that is additional units for each additional worker will increase.
But, at the same time as for calculating the average the units will decrease with the same proportion.
This is because with extra number of workers the denominator for average product will also increase and ultimately.
In the curve the marginal and average product are same level for equilibrium.
Thus, option D is correct.
Answer:
a. GDP will increase
b. No effect on GDP
c. GDP will increase
d. GDP will increase
e. GDP will rise
Explanation:
Gross domestic product is the total monetary value of all the finished goods produced in the country during a specific period. When a new house is constructed it will create value for the economy and GDP will rise but when an old house is resold again there is no addition in the monetary value so there will be no effect on GDP.
Answer:
C)
Explanation:
I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!
