Answer:
The correct answer to the following question is option D) Confusion .
Explanation:
In this question Both Nero and Omar are trying to create confusion for the Power fuel company . They're trying to create the confusion for the power fuel because they're trying to take advantage of reducing their cost ,as Nero and Omar have made agreement between them to buy natural gas together and then sell it to power fuel.
Answer:
77 stickers
Explanation:
Remember, we are told Tania gave half of the beeds she bought to Sally; implying 16 x 2 = 32 beads in total, which means Tania's leftovers should be 16 beads.
Second, note we are told the Ratio of number of beads to stickers Tania had left was 1:3;
implying that for every 1 beads left with Tania she also had 3 more stickers.
Since we know Sally received 16 beads from Tania we find the Ratio by multiplying 3/1x 16 = 48 stickers was left with Tania.
Adding the amount left with the amount given we arrive at 77 total stickers bought (48 +29).
Answer:
Real GDP @ Constant Prices , Nominal GDP @ Current Prices
Explanation:
GDP is sum total of gross value of goods produced by an economy in its domestic territory during a given period of time (financial year) .
'Value' = Price X Quantity .
Nominal GDP takes current year prices to calculate GDP , Real GDP Constant (Base Year prices) to calculate GDP. So - Real GDP is a better measure of Economic Growth because it changes only due to change in 'quantity' of pr0duction (prices same) , but - Nomial GDP is a worse measure of Economic growth because it changes not only with 'quantity' of production & also with price change only (current price) .
Hence , Real GDP is also better for time series or Cross sectional Comparison .
However , Nominal GDP can be converted into Real GDP using GDP Deflator
( Nominal GDP / Real GDP ) x 100
Consider the information below for a purely competitive firm : if output is two units, then mr > mc > avc and output should be <u>increased</u>.
