Answer:
Explanation:
The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.
Year 2016 2017
Price Quantity Price Quantity
Ice Cream $7.00 600 $3.00 400
Blue Jeans $70.00 20 $20.00 90
Laptops $300.00 5 $300.00 5
2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ = $7,100
2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_ = $4,500
2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______
= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.
2017 real GDP = will be same as nominal, hence no growth since this is the base year
Answer:
The answer is price, product, and advertising.
Explanation:
The market situation of a monopolistic competitor is made more complex than our simple revenue-and-costs graphs would suggest, because the firm in reality juggles three decisions: price, product, and advertising.
The scope of practice regulations for <u>Nurse Practitioners (NP)</u> should be reconsidered.
Across the states, there is substantial variation in the
scope of practice permitted to NP’s. Some states allow NP’s to provide care
independently without the need for physician collaboration or supervision, while
other states do not allow NP’s to do so. Thus there is a great need to align
the regulations set for NP’s.
Answer and Explanation:
a. The computation of cost of ending work in process inventory for materials, conversion, and in total is shown below:-
For material = 2,080 × $15.66
= $32,572.80
For conversion = 930 × $6.23
= $5,793.90
For total cost of work in process inventory = $32,572.80 + $5,793.90
= $38,366.70
b. The computation of cost of the units completed and transferred out for materials, conversion, and in total is shown below:-
For material = 21,700 × $15.66
= $339,822
For Conversion = 21,700 × $6.23
= $135,191
For total cost of completed and transferred units = $339,822 + $135,191
= $475,013
Answer: That class ain't for you vro.
Explanation: