Answer:
When using the expenditure approach to calculate GDP we only use the price of the final good so in this case the total contribution to GDP will be $1200
Using the income approach we calculate the profit made by each party so Arthur made $100, Bob made $200(300-100), Camille make $400(700-300) and Donita made $500(1200-700)= 100+200+400+500 = $1200
Explanation:
D because it’s like group work there focused on the same thing
shareholders are entitled to transparency
Answer: If the first company is in the introductory phase, and the second company is in the decline phase, in the comparative balance sheet Enrico can find that in the company that is in the introductory phase the balance of long-term assets increases from year to year. year while in the company that is in the phase the balance of long-term assets decreases from year to year.
Answer:
$200,000
Explanation:
Suppose when the price of coffee beans goes from $1 to $1.20 per pound, production increases from 90 million pounds of coffee beans to 110 million pounds per year. Using the mid-point method, the percentage change in quantity supplied is $200,000.
The midpoint method is an advancement on the average method by one step.
Rather than calculate change by the difference in two numbers divided by the number before the change, you rather divide by the average of the two numbers i.e. x2 - x1 / [(x2+x1) / 2]
Change in Quantity = 110 - 90 / [(110+90)/2] = 0.2 million which is 200,000