Answer:
The answer is Expenditure method.
Explanation:
- <u>The expenditure method is the most widely used approach for estimating GDP, which is a measure of the economy’s output produced within a country’s borders irrespective of who owns the means to production</u>
If the price elasticity of demand for insulin is equal to zero then the demand curve for insulin is - vertical
The demand curve is a graphical illustration of the connection between the price of a good or carrier and the amount demanded for a given period of time. In a standard representation, the rate will seem at the left vertical axis, the quantity demanded at the horizontal axis.
the demand curve, in economics, is a graphic representation of the relationship between product charge and the amount of the product demanded. it is drawn with the rate at the vertical axis of the graph and the amount demanded on the horizontal axis.
The demand curve can be an essential device to apply while companies make pricing decisions. this is because the demand curve can display the price factor wherein the customer responsiveness drops, in addition to the rate point that elicits the highest demand.
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Answer:
Discount amount = $97 and may 16
so correct option is c.$97, May 16
Explanation:
given data
sells merchandise on credit = $9,700
to find out
amount of the discount and up to what date must the invoice be paid in order for the buyer to take advantage of the discount
solution
we know here Invoice amount that is $9700
so here discount rate till 15 days is 1 %
so Discount amount will be
Discount amount = 1% of $9700
Discount amount = $97
so from 1 may up to 15 days i.e. may 16
so correct option is c.$97, May 16
An initial price of $one hundred. years later the charge is $132.The ghi's geometric implies a rate of return ($132/$a hundred)^half of - 1 = 14.89%.
A rate of return (RoR) is the net advantage or lack of funding over a distinctive time period, expressed as a percent of the funding's preliminary cost. 1 while calculating the rate of return, you're figuring out the proportion trade from the beginning of the length till the stop.
The yearly fee for the rate of return is the share change within the cost of funding. for example: if you count on you earn a ten% annual charge for going back, then you are assuming that the price of your investment will grow with the aid of 10% every yr.
For instance, if funding is well worth $70 at the give up of the 12 months and turned into bought for $60 at the beginning of the yr, the annual rate of return could be sixteen. sixty six%.
ROI is calculated by subtracting the initial cost of the funding from its final price, then dividing this new variety by way of the cost of the investment, and, sooner or later, multiplying it with the aid of one hundred. The price of return is calculated as follows: (the funding's modern cost – its initial value) divided via the preliminary value; all times one hundred. Multiplying the outcome enables to the expression of the outcome of the system as a percentage.
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