Answer:
The correct option is D,$3,000,000
Explanation:
The break-even point in dollars =fixed costs /contribution per unit
fixed costs is $900,000
contribution per unit =selling price-variable costs
if variable cost is 70% of selling price , it implies that selling price is 100%, as a result ,contribution is 30% 0r 0.30 (100%-70%)
Break-even in dollars=$900,000/0.3
=$3,000,000
Ultimately, the break-even in dollars is $3,000,000,option D
Answer:
a. 4/3 so the good is more expensive in the U.S
Explanation:
Nominal Exchange rate 1 $ = 10 pesos
Nominal exchange rate is the exchange rate which does not consider the impact of inflation. On the other hand, real exchange rate is calculated after adjusting inflation.
Real Exchange rate = Nominal exchange rate ×
Real Exchange rate = 10 × 20/150 = 4/3
Since the exchange rate is per USD, this means the good is more expensive in the U.S.
A country's gross domestic product would exceed its gross national product when the net of income of resident oversees and income earned by foreign residents is negative.
<h3>What is GDP and GNP?
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Gross national product (GNP) is the sum of GDP, income earned by residents from overseas investments less income earned by foreign residents.
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
To learn more about GDP, please check: brainly.com/question/15225458
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If it was me, I would have to go with B
<span>Economic advisors (Although economic advisors may read financial statements, they more often are focused on macro economic conditions of the local economy and the greater region)
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