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9966 [12]
3 years ago
15

4. Suppose GDP is $15 million, private saving is $3 million, consumption is $8 million, public saving is $2 million. Assume the

economy is closed.
(a) Calculate taxes minus transfer payments (T), government purchases (G), national saving (S), and investment (I).

(b) Is the government running a deficit or a surplus.? Explain
Business
1 answer:
Studentka2010 [4]3 years ago
3 0
Answer in the file below .

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Discuss the potential problems for a business which does not keep adequate business records. (8 marks)
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Diane is passionate about soccer and decides to open her own soccer sporting goods store. She invests her money, time, and effor
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The answer is entrepreneur

Explanation:

Diane showed the trait of an entrepreneur. An entrepreneur is someone who tries to solve a particular problem or challenge by setting up a business. He takes up the risk and tries to fight it in order to be successful because of the passion he has for the business. Entrepreneur also sources for the capital for the business which can be in form of borrowed money or equity contribution.

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Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
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Proposal A: 5,455 units

Proposal B: 5,770 units

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For proposal B:

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(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units

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A monopolistically competitive markets:
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d. may have too many or too few firms, but the government can do little to rectify the situation.

Explanation:

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