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Lubov Fominskaja [6]
2 years ago
15

In which year did gross national product first exceed $11 trillion?

Business
1 answer:
svetlana [45]2 years ago
7 0
I believe it is a because gross,s product exceed 11 trillion in the year of 2002
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Suppose the current level of output is 5000. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, re
Tamiku [17]

Answer:

5575

Explanation:

The computation is shown below;

<u>Factor      Elasticity          Increase        Effective Increase </u>

                      A                        B      A × B

Capital      0.3                                 10%      3.00%

Labor        0.7                                  5%       3.50%

Increase due to Productivity                      5.00%

Total Increase in Output                             11.50%

(3% + 3.5% + 5%)  

Original Output                                              5000

Increase in Output (5000 × 11.5%)                 575

Increase Output (5000 + 575)                      5575

3 0
3 years ago
Midwest Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $
Ne4ueva [31]

Answer:

Average rate of return =  14 %

Explanation:

Average rate of return = Annual average return/ Average Investment

Average investment =( Initial investment + scrap value)/2

Average investment = 138,000 + 12,000/2 =75,000

Average annual return = Savings in cost - energy cost - depreciation

Depreciation = (initial cost - scrap value)/2= (138,000 - 12,000)/2= 12600

Average annual return = 29,780-6,680-12600= 10500

Average rate of return = 10,500/75,000 × 100= 14 %

Average rate of return =  14 %

6 0
3 years ago
The option of sticking with the current business lineup makes sense when
worty [1.4K]

Answer:

The correct answer is the option A: the company's present business offer attractive growth opportunities and can be counted on to create economic value for shareholders.

Explanation:

To begin with, the fact that a company faces the dilemma between continue with the current business lineup or change it in order to begin producing a new one by starting from zero then a lot of variables must be taken care of and considered, that is, that at the moment of making the final decision the managers must understand the opportunity costs that can affect the organization and moreover the benefits that the actual lineup makes. That is why, that at the time of sticking with the current business lineup it makes sense to continue with the current one when the company's present business offer attractive growth opportunities and can be counted on to create economic value for shareholders.

8 0
3 years ago
Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.
givi [52]

Answer:

I looked up the missing information, hopefully it's the same as your question. If not you can adjust the answer.

Its collection history indicates that credit sales are collected as follows:

  • 25% in the month of the sale
  • 50% in the month after the sale
  • 15% two months after the sale
  • 10% are never collected

sales revenue:

  • November $16,100
  • December $10,400
  • January $15,600
  • February $12,400
  • March  $14,400

                                          Jewel Services

                                   Cash Collections budget

                For the months of January, February, and March

cash collected from sales      January    February    March          Quarter

from November sales             $2,415                                              $2,415

from December sales             $5,200     $1,560                            $6,760

from January sales                 $3,900     $7,800       $2,340        $14,040

from February sales                                 $3,100       $6,200        $9,300

<u>from March sales                                                        $3,600        $3,600 </u>

Total                                        $11,515      $12,460     $12,140        $36,115

6 0
3 years ago
A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw m
NARA [144]

Answer:

Kansas city

Explanation:

$-477500

$-310,750

7 0
2 years ago
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