Your friend suggests that you play the lottery, and you win. Your friend wants some of the winnings, since it was her suggestion. You offer her 0.005% of $10,000 or nothing. This is an example of the ultimatum game and your friend will always accept the offer.
a. Compute the direct material costs
Explanation:
a. Compute the direct material costs
Its real GDP will be $1280.
According to the data provided here, we have that;
Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100
While the 90 pounds of gum drops at $2 = 90 x 2 = $180
As production is an investment (I) so,
real GDP = $1100 + $180 = $1280
Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.
When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.
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About 18.65 million iphones were sold
<u>Answer:</u> The capitalization rate is 12.5 %
<u>Explanation:</u>
To calculate the capitalization rate, we use the formula:
We are given:
Net operating income = $ 43,750
Value of property = $ 350,000
Putting values in above equation, we get:
Hence, the capitalization rate is 12.5 %
