Answer: $66.25
Explanation:
What should the per unit selling price be to make a 25% profit this year?
First, we'll calculate the total cost which will be:
= $100,000 + $5000(33)
= $100,000 + $165,000
= $265000
%profit = 100(revenue - cost)/ cost
25% = 100(revenue - 265000)/265000
Therefore, revenue will be:
265000(1 + 25%) = 331250
265000(1.25) = 331250
Revenue = $331250
Selling price per unit will be:
= $331250/5000
= $66.25/unit
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This would be called representative money because the token itself is worth money as well as the commodity <span />
Answer:
C. Non-market activity
Explanation:
The GDP value represents the total of goods and services produced within the boundaries of a country. One method of calculating GDP is through the expenditure approach. the formula for this method is that GDP = C + G + I + NX where
C is the total of consumer spending.
G is the total value of the government's expenditure
I represent the summary of all investments.
NX is the net exports: total exports minus imports.
The GDP value does not include non-market activities.