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3 years ago

12

A painter pays $500 for paint he uses to repaint a house. he then presents a bill for $1200 that covers his time and expenses to

the homeowner. how much do these transactions add to gdp?

1 answer:

Mazyrski [523]3 years ago

8 0

$1200
Hope this helps!!

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Corporation has found that % of its sales in any given month are credit sales, while the remainder are cash sales. Of the cred

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Some information is missing, specifically the % of credit sales. Similar questions use 80%, so I will use that %. Also, November sales were $85,000 and December sales were $115,000.

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2 years ago

When workers intentionally reduce their productivity, it is called a(n)?

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2 years ago

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Due to the h1n1 flu outbreak, the demand for hand sanitizer tripled. Should johnson & johnson increase production of their p

GuDViN [60]

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3 years ago

Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $10,000 per car. If Saab produces 50

igomit [66]

Answer:

Explanation:

First, write down Total fixed cost for each;

Fixed cost; Saab = $1,000,000,000

Fixed cost; Volvo = $1,000,000,000

Next find the Total Variable cost (TVC)

TVC = # of cars per year * marginal cost per car

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Volvo ; TVC = 200,000* $10,000 = $2,000,000,000

Average production cost = (Fixed cost + total variable cost) / # of cars per year

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2 years ago