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AnnyKZ [126]
3 years ago
12

State the following statement is True or False, and explain why. Thor who lives in Montana purchased a car produced in Japan for

$30,000. His purchase decreased GDP by $30,000.
Business
1 answer:
Likurg_2 [28]3 years ago
3 0

Answer:

false

His purchase left GDP unchanged

Consumption of non durables would increase.

Also, net export would decrease.

these effects would cancel out

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

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The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 270 $ 5
Anastasy [175]

Answer:

Per unit total cost $49.00

Explanation:

The per unit total cost is as follows;

Particulars     Total Costs    Output

High level     $21,300           420

Low level     $15,300           270

Difference   $6,000            150

Unit variable cost 40 ($6000 ÷ 150)

Fixed cost $4,500 ($21,300 - (420 × 40) )

Total cost at 500 lenses $24,500 ($4,500 + (500*40))

Per unit total cost $49.00 ($24,500 ÷ 500)

8 0
3 years ago
In a lease contract, the party to whom the rights to use the asset are granted is called the:____.
lesya692 [45]

A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property

The landlord is the party to the lease who owns the property and leases it to the tenant as a rental property for temporary possession. For example, in a rental house, the landlord is the landlord and the tenant is the tenant.

A lessor is either an individual or a legal entity such as a company or organization. The lessor is always the owner of the property. For example, for a car, the lessor can be the owner or car dealer who rents the car. The lessee is always the person who uses the property temporarily

Learn more about lessors here

brainly.com/question/14631319

#SPJ4

6 0
2 years ago
Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $23,490 and variable exp
Mars2501 [29]

Answer:

Contribution margin ratio = Contribution margin / Sales

Product C90B CMR = ($23,490 - $7,047) / $23,490 = $16,443 / $23,490 = 0.7 = 70%

Product Y45E CMR = ($34,800 - $13,920) / $34,800 = $20,880 / $34,800 = 0.6 = 60%

The rule, <em>the Higher the contribution margin ratio, the lower the Break-Even point. </em>So, if sales mix shifts to product C90B, overall Break-even point <u>Decreases</u>.

8 0
3 years ago
A coupon bond that pays interest of $90 annually has a par value of $1,000, matures in 5 years, and is selling today at a $15 ab
Digiron [165]
The answer would be A
5 0
2 years ago
A company has designed a new product and tested the prototype. What is the
Valentin [98]
I think it’s A because they have to put it under testing
5 0
3 years ago
Read 2 more answers
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