Answer:
a) GDP changes
b) GDP does not change
c) GDP does not change
d) GDP changes
e) GDP changes
Explanation:
a) GDP in 2012 increases by the purchase price of the house because, is a newly produced good.
b) Transaction involving used goods are not included in GDP since, the house was built in 2001, GDP in 2012 won't change because the house was not newly built.
c) GDP in 2012 would not change directly because the windows are intermediate goods and not final goods.
d) GDP in 2012 would change by the purchase price of paints and supplies but not by the impicit value of the painting services provided by Mr Jone because, home production is not included in GDP.
e) Financial transactions do not represent the production of final goods and services and are not included in GDP. GDP in 2012 will only increase by the charge for using the online brokerage service but not by the amount of stock purchase.
The correct choice from the given options is "<span>more potential sellers will find that the market price exceeds their reservation price".
A seller will supply an extra unit of yield if the market cost is more prominent than or equivalent to the merchant's opportunity cost of creating an extra unit. In this way, as the market value rises, sellers that have higher opportunity costs will have more chances to enter the market.
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Environment,pest,<span>host
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Answer:
b. payment of interest on previously earned interest.
Explanation:
In economics, simple interest happens when the interest that is accumulated within a period is not added to the main amount of debt or investment. On the contrary, compound interest means that the interest accumulated during a certain period are summed to the principal sum of debt or investment, actually increasing the value of the loan or deposit.
<u>Answer:</u>Net profit for the month is $5,732
<u>Explanation:</u>
Given
Sales revenue = 27438
Gross margin = 72%
Operating expenses = 14023
Calculation of Cost of goods sold
Gross margin = (Total sales revenue - COGS)/ Total sales revenue
72%= (27438-COGS)/27438
19755.36 = (27438-COGS)
COGS= $7682.64
Calculation of gross Profit
Gross profit = Sales revenue - Cost of goods sold
=27438 - 7682.64
Gross profit =19755.36
Calculation of net Profit
Net profit = Gross profit - operating expenses
=19755.36 - 14023
=5,732.36
Net profit for the month is $5,732
