Answer:
The correct answer is "$155".
Explanation:
Given:
She sells to miller,
= $90
She sells to baker,
= $145
She sells to consumers,
= $155
Now,
The value added by miller will be:
= 
=
($)
The value added by the baker will be:
= 
=
($)
hence,
The GDP in this economy will be:
=
($)
Answer:
Option A is correct because the level of saving in percentage for company A is 2% (5000/250000). Whereas the level of saving in the company B is 1.5% which is lower than the savings of company A. This will increase the standard of life in the long run because greater the savings the greater is the amount invested in Financial assets which will decline the interest rate as the funds for investment are in excess it will decline the demand for loans. This investment will earn its investor more which will change his standard of life.
Remember standard of living is measured by:
GDP per capita= Total GDP/ Total population
So if the GDP per person is higher it means his saving are lower. And if the level of saving are lower then the standard of living will decline because the money available for investment is lower in amount. This will not save him enough to maintain his standard of living.
So its true because the level of saving rate of company A is higher this means the standard of living in the near future will also increase with faster pace.
Answer:
The correct word for the blank space is: value chain.
Explanation:
American economist Michael E. Porter (<em>born in 1947</em>) coined the term value chain to denote the interrelated operating activities businesses perform during the process of converting raw materials into finished products. The goal in value chain analysis is to find ways to add value to the product along each part of the process and do so at the lowest possible cost.
Answer:
D) i and iii
Explanation:
Implicit cost refers to economic costs that are not directly attributed to the business but are nevertheless important in making informed decisions. In this case the opportunity costs are implicit cost. They are:
- Salary forgone which should have been earned at another job, and
- Interest lost from savings account.
Answer:
The right answer is a.
Explanation:
In order to calculate Daniel's basis in his partnership interest, first we have to calculate daniel share of the partnership liabilities.
According to the details, Daniel acquires a 30% interest in the PPZ Partnership from Paolo, and The PPZ Partnership has borrowed $14,000 of recourse liabilities as of the date Daniel bought the interest, hence
daniel share of the partnership liabilities = 14,000 * 30% = $4,200
Hence, Daniel's basis in his partnership interest= 43,000 + 4,200 = $47,200