Answer:
D. shows that the quantity demanded increases as the price falls
Explanation:
A Demand curve states the law of demand which depicts an inverse relation between price of a good and the quantity demanded of that good.
Quantity demanded of a good changes only when price of good changes with other factors affecting demand like income, tastes and preferences etc remaining constant.
Thus, when price falls, quantity demanded of a good rises i.e movement along the demand curve i.e downward movement. i.e D. shows that the quantity demanded increases as the price falls.
The IRR Blank <u>capital</u> to distinguish between investing or financing. Hence, the answer is capital. Read below about IRR Blank Capital.
<h3>What is IRR rule?</h3>
The IRR rule is a template for evaluating whether to progress with a project or investment. The IRR rule states that if the IRR on a project or investment is higher than the minimum RRR—basically the cost of capital, then the project or investment can be pursued.
Therefore, the correct answer is IRR capital.
learn more about IRR rule: brainly.com/question/7920964
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Answer:
Dave is participating in the factor market.
Explanation:
Dave gets a job at a grocery store, which pays him an hourly wage in exchange for his labor. Dave is providing his factor services to the grocery store and earning factor income in return.
The grocery store is paying Dave a factor payment as an hourly wage in exchange for labor. So we can say that Dave is involved in the factor market.
A factor market can be defined as that segment of the economy where the factor services are exchanged in exchange for factor payments.
Answer: $3,350
Explanation:
GDP is the addition of value of goods and service minus purchase of intermediate goods.
Formula to calculate value-added by each firm is shown below:
Value-added = Sales by Firm + Change in stock – purchase of raw material
Value added by firm A = $5 × 200 + 0 – ($250 + $200)
= $550
Value added by firm B = $7 × 300 + 0 – ($150 + $100)
= $1,850
Value added by firm C = $1,000 + 0 - $50
= $950
Economy's GDP = Value added by firm A + Value added by firm B + Value added by firm C
= $550 + 1,850 + 950
= $3,350
The value of GDP is $3,350
Answer:
What is Upper Mongoose’s GDP for the year?
GDP = consumption + investment + government expenses + net exports
GDP = $300 billion + $100 billion + $50 billion + $50 billion = $500 billion
What is the size of the underground economy as a percentage of GDP?
underground economy as % of GDP = $75 billion / $500 billion = 0.15 = 15%
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP?
Upper Mongoose's GDP could increase by $25 billion or 5% (= $25 billion / $500 billion) if services performed by stay at home spouses would be included in the GDP
