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Lapatulllka [165]
3 years ago
8

Imagine that a country produces only three goods: apples, bananas, and carrots. The quantities produced and the prices of the th

ree goods are listed below. Goods Quantities Produced Price Apples 5 $2.00 Bananas 10 1.00 Carrots 20 1.50 Instructions: Enter your answers as a whole number. a. What is this country's GDP
Business
1 answer:
zalisa [80]3 years ago
3 0

Answer:

$50

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

The GDP of this country is the sum of outputs of this country multiplied by their prices

(5 x $2) + (10 x $1) + (20 x $1.50) = $10 + $10 + $30 =$50

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Monica wants to sell her share of an investment to Barney for $80,000 in 5 years. If money is worth 6% compounded semiannually,
Fittoniya [83]
Answer: $59,780.65

Explanation:

To find out what she would accept today, we need to apply the present value formula which is= V.P(1+i)^-n

So, $80,000(1+6%)^-5= $59,780.65
7 0
3 years ago
A supplier of instrument gauge clusters uses a kanban system to control material flow. The gauge cluster housings are transporte
Inessa [10]

Answer: 2 kanban card sets will be needed.

Explanation: 20% of 10 gauges gives the safety inventory stock.

This will be 20/100 ×10=2

But 10 gauges are produced per hour out of which 2 will be kept as safety inventory stock, making it to be 10-2=8gauges per hour.

Number of kanban cards used for transporting gauges 8/5=1.6

1.6= 2to the nearest whole number.

3 0
3 years ago
Seth did menial work—mostly house cleaning—when he could find it. He had been homeless for a year, and since then simply did not
Advocard [28]

Answer: Under class

Explanation:

 According to the question, Seth belongs to the under class as in the class hierarchy the underclass is one of the segment that belongs to the lowest position.

The people who belongs to the lowest or the bottom position in the society and also become the victim of the poverty in the society.

The underclass people are also comes under the economical weak section and they also lack of the educational and the social skills.  

Therefore, Underclass is the correct answer.

   

4 0
2 years ago
For the most part, pianists and harpsichordists don't have direct contact with the strings of their instruments. therefore, they
Marianna [84]

They manipulate sound through the keyboard mechanism because they are likely associated with the keyboard of their instrument such as the piano because in order to produce a sound, they should associate with the keyboard of the piano itself to manipulate sound.

4 0
3 years ago
Triple Creek Hardware Store currently uses a periodic inventory system. Kevin Carlton, the owner, is considering the purchase of
marin [14]

Answer:

Will switching to a perpetual inventory system strengthen Triple Creek Hardware’s control over inventory items?

  • Yes, a perpetual inventory system provides updated information about inventory levels and costs. Since it is updated immediately, many of the company's problems could be solved, e.g. you can place an alert for minimum inventory levels on certain products and you can determine if the stocks of low sellers are too high.

Will switching to a perpetual inventory system eliminate the need for a physical inventory count?

  • It will not completely eliminate the need to carry out a physical inventory, but it should reduce it substantially. Also, you can carry out a random physical inventory for certain products only. If the physical count shows that there are problems with the registered inventory, then you can carry out a complete physical count.

3 0
3 years ago
Read 2 more answers
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