Answer:
$5,400
Explanation:
The computation of real gross domestic product is shown below:-
Goods Price base year Quantity current year Expenditure
2012 2013
A $2.00 600 $1,200
($2.00 × 600)
B $4.00 900 $3,600
($4.00 × 900)
C $2.00 300 $600
($2.00 × 300)
Real Gross domestic product $5,400
Therefore, Real GDP is the sum value of all the final goods and services generated by an economy in a given year, which accounts for inflation. The estimate is based on the prices of a selected base year.
Answer:
Singapore way of governance is undisputed by their citizens based on the question. The statement shows that their is a definite harsh and strict way of rule in Singapore. Here is why,
Explanation: Whenever a state can administer a form of punishment to its people on otherwise non life threatening matters, it clearly shows that:
1. The state itself has a style of leadership that is somewhat harsh and autocratic.
2.Their is a definite sense of grip by the leaders to control and dictate what suits their desire.
3.These could also translate as an effective method of governance if the people are fairly okay with the implementations and rules in place. For Singapore all the above seem to fall in place concerning the above question. Therefore it is safe to say all three points apply in the above question concerning Singapore.
The areas are an example of <span>a decrease in the price and an increase in the quantity of the firm's output.
The green areas would decrease the amount of money that the company need to handle waste of production, and social responsibility related cost, which would decrease the price and increase the firm's output.</span>
In long-run equilibrium, monopolistically competitive firms will have excess production capacity.
What is Monopolistic Competition?
When a large number of businesses provide competitive goods or services that are comparable but imperfect substitutes, monopolistic competition exists.
A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its competitors. The price and marketing choices made by the competing companies serve as their points of difference. Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and comprises businesses with comparable but distinct product offerings. Industries with monopolistic competition include those in restaurants, hair salons, household goods, and clothes.
To know more about monopolistic competition refer:
brainly.com/question/28189773
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