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Katyanochek1 [597]
3 years ago
15

g Suppose total output (real GDP) is $1,000 and labor productivity is $10. We can conclude that the number of worker hours must

be
Business
1 answer:
Brums [2.3K]3 years ago
8 0

Answer:

100

Explanation:

Hours worked = Real GDP / labour productivity

1000 / 10 = 100

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

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

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When supply increases, the supply curve
MariettaO [177]

When supply increases, the supply curve  shifts to the right.

<h3>What is the supply curve?</h3>

This is the curve that is used to show the amount of goods that the producers would be able to make available for the market at a particular price. The supply curve shifts to the right when there is an increase in supply in the economy.

Hence this answers our question by saying that When supply increases, the supply curve  shifts to the right.

Read more on supply curve here: brainly.com/question/11717727

#SPJ1

5 0
1 year ago
In some games, one player or firm moves first and commits to a strategy to which the rival player or firm will subsequently resp
Leni [432]

Answer:

C. sequential games.

Explanation:

Game theory is the learning of analytical types of mediation, ambivalence, and interaction between people, corporations, and governments. In-game theory, a sequential game means any game where an individual contestant picks their move before rest of the performers pick theirs. Importantly, the following performer's necessity has fascinating erudition regarding the first's selection, contrarily, the variation in period would have no strategic effect.

8 0
3 years ago
ackson Inc. listed the following data for 2019: Budgeted factory overhead $1,530,000 Budgeted direct labor hours 90,000 Budgeted
Anastaziya [24]

Answer: $36 per machine hour

Explanation:

Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 would be calculated by dividing the budgeted factory overhead by the budgeted machine hours. This will be:

= $1,530,000 / 42,500

= $36 per machine hour

5 0
3 years ago
Jacobs Company has inventory of 15 units at a cost of $12 each on June 1. On June 5, Jacobs purchased 10 units at $13 per unit.
vekshin1

Answer:

$210

Explanation:

Date    Description   Units  Price  Total Balance

1-Jun    Opening        15   $12   $180   $180  

5-Jun    Purchase      10      $13     $130          $310  

12-Jun   Purchase      20     $14     $280         $590  

17-Jun   *Sale             -30               -$380        $210  

*Working

Sale

Date          Units   Price     Total

17-Jun       -15 $12   $(180)  

                -10   $13   $(130)  

                -5   $14   $(70)  

Total Sale -30           -$380  

So, the correct answer is $210.

3 0
3 years ago
Which of the following closings is most effective? a.Bring your lunch and join the group! Because the room is limited to 30, ple
givi [52]

Answer:

Lunch and learn are casual gatherings where individuals can eat just as find out about the meeting. It is an open door for colleagues of various fields to share their expertise and experience. This methodology can urge and rouse representatives to learn.  

( a). This end isn't a lot of viable as it doesn't make a decent effect on the brains of the members. The end ought to be welcoming individuals not giving them the courses of events to book reservations. Greeting ought to be offered uniquely to the quantity of individuals constrained to the quantity of seats accessible.

(b). It is the best shutting as Lunch and Learn ought to be entertaining. On the off chance that the occasion has been at short notification, members can bring their own lunch and accumulate for an enjoyment learning meeting. This end is additionally a casual greeting for the casual meeting.  

(c). This shutting isn't a lot of successful as Lunch and Learn is progressively about Learn while having nourishment. There is a casual conversation about work while eating. It is nothing worried about how to eat brilliant or eating high-calories.  

7 0
3 years ago
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