Answer:
Real GDP per capita can increase or decrease when Real GDP increases
Explanation:
Real GDP per capita is calculated by dividing Real GDP by the number of people in a country. Therefore:
- If population increase more quickly than the increase in real GDP, then real GDP per capita would decrease.
- If population decreases, stays the same or increases more slowly as Real GDP increases, then real GDP per capita would increase.
Answer and Explanation:
The computation is shown below:
Contribution Margin for Bat
= $50 - $50
= $0
Contribution Margin for Gloves = $100 - $80
= $20
Now
Overall Contribution Margin = (0 ×70%) + ($20 × 30%)
= $0 + $6
= $6
Now
A. Break even sales = Fixed cost ÷ contribution margin
= $57,000 ÷ $6
= 9,500
B.Baseball bats = 9,500 × 70% =6,650
Baseball Gloves = 9,500 × 30% = 2,850
Answer:
$214,000
Explanation:
The total reservation cost per month is given by the following expression:
Where 'n' is the number of monthly reservations.
If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:
Total reservation cost is $214,000.
Answer:
advanced education
Explanation:
just got it right on edge 2020
The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.
<h3>What is a
product?</h3>
Generally,
In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.
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