Answer:
The correct answer is:
a. Jean should raise her price (b)
Explanation:
We have to choose an option that is correct, and in order to do so, we will first analyse the total amounts involved in Jeans cost price and selling price respectively.
Cost price = total variable cost + total fixed cost
= 3,300 + 300 = $3,600
Selling price;
price per bushel = $6
Number of bushels = 600
Therefore, total selling price = 6 × 600 = $3,600
From the analysis above you will discover that the cost price and the selling price is the same, and the purpose of going into business is to make profit, in keeping with this, the best option is option "a" ; Jean should raise her price.
The other options are wrong because, Jean is not earning positive economic profit (b), she is not making profit at all,
Jean is not making a loss, so option (c), is wrong.
Jean is not making profit, so option (d) is also wrong
Answer:
A. net exports
Explanation:
Net exports are volatile in nature, as related to an economy the consumption and income can be estimated fairly, depending up on the needs and requirement in an economy.
But when it come to net exports, it does not individually depend upon income or status of demand in own country but also up on the spending capacity of another economy, the demand of purchasing country.
It basically relates to the country's efficiency to supply and the opposite country's demand.
Thus, it is volatile in nature.
Answer:
C. Small Business Startup Kit
Explanation:
The small business startup is the guidance kit for the person who wants to become an entrepreneur. It can be come with the financial, legal, practical methods, business plan, website, etc
Here in the given scenario since the entrepreneur focused on some factors that need to be considered prior engaging in starting their own business
So here the correct option is C.
It seems that you have forgotten to post the given choices for this question, but i hope this answer will help you with what you are looking for. Anyway, <span>The market research process consists of the following steps: Identify research objectives, Determine methods and sources, Gather secondary research, Conduct primary research, Organize and analyze data, and Draw conclusions.</span>
Answer:
Aggregate expenditure must have increased by $50 billion
Explanation:
We have given level of GDP is increased by $100 billion
Marginal prosperity MPS = 0.5
So multiplier
We have to find the aggregate expenditure change
Aggregate expenditure change is given by
So aggregate expenditure must have increased by $50 billion