She can try reading stories, correct her mistakes on her own and then check to see how she has done, she can study Riggs too.
Answer:
$248 per unit
Explanation:
Given that
Selling price per unit = $620
Variable cost per unit = $372
Fixed cost = $868,000
Current sales volume = $4,370,000
The formula and the computation of the contribution margin per unit is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $620 - $372
= $248 per unit
Answer:
Talikastan's exports in 2015 is $ 300.
Explanation:
This question requires us to calculate export of Talikastan. We can easily determine export by putting value in the equation use for calculating gross domestic production of a country.
GDP = consumption + investment + spending + (exports – imports)
8800 = 5300 + 2000 + 1800 + export - 600
Export = $ 300
Answer:
The correct answer is: expressed in the prices of a base year.
Explanation:
Real GDP is an inflation-adjusted measure to calculate changes in economic output. It calculates the value of final goods and services produced in an economy in a year expressed in the prices of a base year.
Real GDP does not include changes in the price of products as it is calculated at constant prices.
Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.
