The nominal GDP is $500, the real GDP is $800, and the GDP deflator is 62.5. The correct answer is option(a).
Nominal GDP is GDP likely in current prices, without adaptation for increase. Current price estimates of GDP are acquired by signifying principles of all merchandise and services caused in the current newsgathering ending. Real GDP is a measure of a country's gross household brand that has been regulated for inflation.
While nominal GDP certainly indicates inflation, real GDP uses a GDP deflator to regulate inflation, so indicating only changes in real manufacturing. Since an increase is mainly a certain number, a country's theoretical GDP is mainly higher than allure physical GDP.
To know more about Real GDP refer to: https://brainly.com/question/15171681
#SPJ4
men earn more than women and that white workers earn more than nonwhite workers, even accounting for differences in education, skills, years on the job, and productivity. true or false
Even after taking into account disparities in education, abilities, years on the job, and productivity, it is still true that men earn more than women do, and that white people make more money than non-white people.
What is the primary cause of the gender gap in median earnings?Women in female-dominated occupations have inferior status and remuneration as a result of occupational segregation.
Which of the following is a major contributing factor to the income gap between races?Healthcare cost differences are one of the main causes of inequality between white and black families' financial portfolios in the US.
What contributes most to the gender pay gap?This is so because women typically hold positions that are distinct from those held by men. How to compare these jobs within the company as well as across different economic sectors and industries is where the issue lies.
To Know more abilities
https://brainly.com/question/6552310
#SPJ4
publicly-traded firms have a unique responsibility involving the economic dimension of corporate social responsibility because .
They must respond to shareholders that have invested in the firm hoping to make a profit.
What is a shareholder?Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a shareholder. The firm is primarily owned by its shareholders, who also have specific rights and obligations. With this ownership structure, they can benefit from a company's success. These benefits take the shape of rising stock prices or dividend payments from financial gains.In contrast, when a corporation experiences a loss, the share price inevitably falls, which may result in financial losses for shareholders or portfolio reductions.Any individual, business, or organization that has stock in a corporation is a shareholder.A shareholder of a firm may own just one share.As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.Additionally, shareholders have specific rights, such as the ability to approve the board of directors at shareholder meetings, dividend payments, and mergers.Investors may lose their entire investment in the event of bankruptcy.To learn more about shareholders, refer to
https://brainly.in/question/12180737
#SPJ4
They must respond to shareholders that have invested in the firm hoping to make a profit.
What is a shareholder?Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a shareholder.The firm is primarily owned by its shareholders, who also have specific rights and obligations.With this ownership structure, they can benefit from a company's success.These benefits take the shape of rising stock prices or dividend payments from financial gains.In contrast, when a corporation experiences a loss, the share price inevitably falls, which may result in financial losses for shareholders or portfolio reductions.Any individual, business, or organization that has stock in a corporation is a shareholder.A shareholder of a firm may own just one share.As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.Additionally, shareholders have specific rights, such as the ability to approve the board of directors at shareholder meetings, dividend payments, and mergers.Investors may lose their entire investment in the event of bankruptcy.To learn more about shareholders, refer to
https://brainly.com/question/28452798
#SPJ4
by supporting drivers with benefits such as mobile repair and a no-fee bank account with grocery and gas discounts, lyft is .
Lyft will be the outcome of employing the customer contact service feature by providing perks to drivers such as mobile repair and no-fee bank accounts with savings on groceries and gas.
Customer contact is the process of answering a customer's questions before, during, and after a product or service purchase. It is the procedure of addressing clients' problems and offering them a suitable answer created with top-notch call center services.
Consumer service is demonstrated, for instance, when a customer receives a product that doesn't fit. In order for the client to return the item or exchange it for a different size, you would need to make it possible for them to get in touch with you.
To learn more about customer contact service
https://brainly.com/question/15318875
#SPJ4
When there is decreased blood supply to the coronary arteries, which tissue of the heart is affected first?.
Narrowed arteries can cause chest pain because they can block blood flow to your heart muscle and the rest of your body. Over time, CAD can weaken the heart muscle.
An artery (plural arteries) is a blood vessel in human beings and most different animals that take blood far from the heart to 1 or more parts of the frame (tissues, lungs, mind etc.). Maximum arteries bring oxygenated blood; the 2 exceptions are the pulmonary and the umbilical arteries, which carry deoxygenated blood to the organs that oxygenate it (lungs and placenta, respectively). The effective arterial blood quantity is that extracellular fluid that fills the arterial gadget. The arteries are part of the circulatory machine, that's liable for the transport of oxygen and nutrients to all cells, as well as the elimination of carbon dioxide and waste products, the renovation of the choicest blood pH, and the stream of proteins and cells of the immune machine.
Learn more about arteries here
https://brainly.com/question/64497
#SPJ4
tim began purchasing blt, inc., mutual fund shares several years ago. he has followed a dollar-cost averaging approach by investing $1,000 each year for five years. the following data depicts tim's purchases: year investment share price 1 $1,000 $120 2 $1,000 $100 3 $1,000 $118 4 $1,000 $97 5 $1,000 $130 what is tim's average cost per share? a) $118.23 b) $111.58 c) $106.32 d) $126.10
Tim has invested $1,000 each year for five years. His average cost per share is $111.58
Tim's investment can be depicted in the following table:
Year Investment Share price Number of share
1 $1000 $120 1000/120 = 8.33
2 $1000 $100 1000/100 = 10
3 $1000 $118 1000/120 = 8.47
4 $1000 $97 1000/120 = 10.31
5 $1000 $130 1000/120 = 7.69
In the above table. the number of shares is calculated as:
Number of share = investment / share price
Total number of shares within 5 years:
Total number of shares = 8.33 + 10 + 8.47 + 10.31 + 7.69 = 44.81
Average cost per share = total investment / total number of shares
= 5000/44.81 = 111.58
Learn more about average cost here:
https://brainly.com/question/25109150
#SPJ4
suppose the federal reserve increases the amount of reserves by $100 million and the total money supply increases by $600 million. instructions: enter your answers as a whole number. a. what is the money multiplier? b. using the money multiplier from part a, how much will the money supply change if the federal reserve increases reserves by $60 million? $ million
If the federal reserve increases the amount of reserves by $100 million and the total money supply increases by $600 million a) the money multiplier is 6 and b) using the money multiplier from part a, the money supply change if the federal reserve increases reserves by $60 million is $360 million.
The money multiplier refers to generation of money in the economy in the form of credit creation. It indicates the increase in the money supply and is represented by 1/r where r is the reserve ratio. The reserve ratio, also known as cash reserve ratio, refers to the part of reservable liabilities that commercial banks must hold onto, and not lend out or invest. The requirement is determined by the central bank - United States is the Federal Reserve. It is calculated by dividing the cash reserve requirement by total bank deposits.
a) The reserve ratio from the given information is:
r = 100/600 = 1/6
Hence, the money multiplier is 1/r = 6
b) Considering the money multiplier from part a, the money supply change if the federal reserve increases reserved by $60 million would be 6*60 = 360.
Learn more about Money multiplier:
https://brainly.com/question/4412587
#SPJ4
based on the dividend growth model, what are the two components of the total return on a share of stock? which do you think is typically larger?
According to the dividend growth model, the dividend yield and the capital gains yield make up two of the stock's total return.
What is the dividend growth model?The dividend discount model is a technique used in finance and investment to value the price of a company's stock by assuming that the stock is worth the total of all of the company's future dividend payments, discounted back to its present value.Investors can use the dividend growth model, a mathematical technique, to calculate a realistic fair value for a company's stock based on its present payout and anticipated dividend growth in the future. By dividing the current dividend (Di) by the previous dividend (Di-1) and taking one out of the result, the periodic dividend increase can be calculated and expressed as a percentage. The dividend yield and the capital gains yield are two elements of the overall return on a piece of stock according to the dividend growth model.Therefore, according to the dividend growth model, the dividend yield and the capital gains yield make up two of the stock's total return.
Know more about the dividend growth model here:
https://brainly.com/question/15411750
#SPJ4
Match the term with the correct definition.
Democracy:
Aristocracy:
Oligarchy:
Kleptocracy:
Gynecocracy:
Autocracy:
A state where politicians and government employees steal a significant amount of the wealth of the nation because corruption has become so institutionalized.
government signifies "rule by the trivial few" 2.Based on their military might, family power, or religious authority, very few people hold all power.3.It is not uncommon for oligarchies to originate from or lead to other types of government, such as monarchies and dictatorships.
How does direct democracy work?
Direct majority rules system, in some cases called "unadulterated majority rules system," is a type of a vote based system in which all regulations and strategies forced by still up in the air by individuals themselves, as opposed to by delegates who are chosen by individuals.
Learn more about government employees here:
https://brainly.com/question/26677410
#SPJ13
the equilibrium rent on office space has just increased by $500/month. determine the effects on accounting profit and economic profit if you rent your office space
Explicit costs do not change, so accounting profit does not change.
Moreover, Implicit costs increase $500/month (using your space instead of renting it) so economic profit falls by $500/month. So, thats why the Explicit costs do not change, so accounting profit does not change and equilibrium rent on office space has just increased by $500/month.
You can learn more about this at:
https://brainly.com/question/20713944#SPJ4
a firm finds that as it adds workers, each worker is adding less and less output to the production process. what must be true about average cost?
Average cost is increasing must be true about average cost .
What does "average cost" mean?
In economics, average cost or unit cost is determined by dividing the total cost (TC) by the quantity of a good produced (the output Q). The choice of how much to charge for commodities by businesses is strongly influenced by average cost.What is an example of typical cost?
The weighted-average cost is calculated by dividing the total inventory purchased during the quarter ($113,300) by the total inventory count from that quarter (100), yielding an average cost per unit of $1,133.
Learn more about Average cost
brainly.com/question/15071280
#SPJ4
the is where the borrower finds details about how, when, and by how much the interest rate will change in an adjustable rate mortgage (arm).
The mortgage note is where the borrower finds details about how, when, and by how much the interest rate will change in an adjustable-rate mortgage (arm).
A mortgage may be a sort of contract. What makes it uncommon is that it’s a loan secured by real estate. A mortgage note is a document that you just sign at the conclusion of your home closing. It ought to precisely reflect all the terms of the agreement between the borrower and the lender or be redressed quickly in case it doesn’t. When you apply for a mortgage, both you and the house you want to purchase must go through the underwriting handle. Your prospective moneylender will consider whether you’re creditworthy and whether the domestic you’d like to buy has esteem adequate to secure the loan ought you default. A mortgage note gives a depiction of the mortgage. It’s the record that states how you’ll repay your advance, and it uses your domestic as collateral. Because a mortgage note could be a security instrument, it can be bought and sold on the secondary contract market. Because lending institutions offer contract notes, real estate investors actually claim a sold property.
To know more about mortgage notes refer to the link https://brainly.com/question/14579370?referrer=searchResults.
#SPJ4
When the loss from a business-stealing externality exceeds the gain from a product-variety externality, what do we expect will happen?
The amount investors pay for a company's stock that is greater than the stock's par value is known as capital in excess of par.Standard worth is the legitimate capital per share, and is generally imprinted on the essence of the stock testament.
Is capital paid in capital the same as capital paid in excess of par?
The amount paid by an investor above a stock issue's par value is referred to as additional paid-in capital (APIC, or capital in excess of par value).
How is paid in capital greater than par common calculated?
It is calculated by adding the amounts received in excess of the shares' par value to the par value of the issued shares.
Learn more about Stock's par value here:
https://brainly.com/question/14160459
#SPJ4
the assumptions of the production order quantity model are met in a situation where annual demand is 3,650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. what is the production order quantity for this problem? (find nearest value) 3pts.
The production order quantity will be equal to 184.
The production order quantity may be defined as the amount of any product that retailer orders or purchases in order to balance his inventory cost. This helps the retailer to maintain the inventory in a more efficient manner. This can be explained with the help of Economic Production Quantity Model whish is a modified version of the Economic Order Quantity Model. The formula of production order quantity may be expressed as
POQ = [2KD/h(1 - x)]^(1/2)
where K is Setup cost, D is Annual demand, h is holding cost and x is daily demand rate per daily production rate.
POQ = [2×50×3650/12(1 - 0.1)]^(1/2)
POQ = [365000/10.8]^(1/2)
POQ = 183.3
If we round off the value it will be nearest to 184.
Learn more about Production order quantity at:
brainly.com/question/20630245
#SPJ4
given the information provided, how should sam allocate his income between milk and cereal to arrive at the optimal consumption bundle?
Sam allocates his income between milk and cereal based on their equal marginal utility prices.
What is marginal utility?The pleasure a consumer experiences from each additional unit of consumption is known as marginal utility. It determines the utility after the initial product is consumed. The marginal utility is the benefit you receive from buying a second bottle of water after first purchasing one.The marginal utility-price ratio shows how satisfied you were with your recent purchase, measured in dollars. By equal the marginal utility-price ratio for each commodity bought and consumed, a customer maximizes utility. A good or service's marginal utility quantifies how much consumers enjoy or are satisfied after increasing or decreasing their use by one unit.
To learn more about marginal utility refer to:
https://brainly.com/question/14797444
#SPJ4
What type of decision determines whether a project is worth all the effort and investment or should it be halted, and is commonly based on the outcome of a multi-dimensional feasibility assessment of the project?.
Go/ No Go decision determines whether a project is worth all the effort and investment or should it be halted, and is commonly based on the outcome of a multi-dimensional feasibility assessment of the project.
A feasibility study is an evaluation of the practicality of a project or system. A feasibility study aims to objectively and reasonably clarify the strengths and weaknesses of an existing project or program.
A feasibility study (also known as a feasibility study or feasibility report) is a method of evaluating whether a project plan will be successful. A feasibility study evaluates the feasibility of the project plan to assess whether the project can proceed.
A feasibility study can identify the logistical, financial, and market challenges of a proposed project by evaluating: If the potential trade offers a return on investment. the market for the proposed product or service;
Learn more about feasibility assessment https://brainly.in/question/8442915
#SPJ4
The go/no-go decision is a key part of a feasibility study, and it can help you determine whether or not your business idea is worth pursuing. Making the go/no-go decision is all about risk assessment.
Feasibility refers to whether or not a project will be successful and how to overcome potential obstacles to the project. If you're in a project management role, conducting a feasibility study can help you evaluate a project from start to finish and make decisions before the project begins
Technical Feasibility: Consists in determining if your organization has the technical resources and expertise to meet the project requirements.
Learn more about business here: https://brainly.com/question/24448358
#SPJ4
wholesale e-commerce applications often focus on improving a plant manager's efficiency in researching prices and availability from suppliers for .
They focus on improving the plant manager's efficiency in researching prices and availability from suppliers for efficient management.
What is management?Whether it's a for-profit company, a government agency, or a nonprofit, management (or managing) is the administration of the organization. Resource management for a corporation is both an art and a science. Setting an organization's strategy and organizing its workers' (or volunteers') efforts to achieve its goals through the use of resources like money, the environment, technology, and people are all included in management. In management, the terms "run the business" and "change the business" are used to distinguish between continuing to provide goods or services and tailoring those offerings to accommodate customers' shifting needs.
To learn more about management, visit:
https://brainly.com/question/29023210
#SPJ4
Need some help on this one
Which of the following ratios is net income divided by revenues?
asset turnover ratio
profit margin
return on assets
return on equity
The following ratio is net income divided by revenues. return on assets Thus option (C) is correct
What is income?Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is mainly shown in the medium of exchange terms. Income is difficult to define conceptually, and the explanation may be different across pieces of ground For example, a person's income in an economic sense may be different from their income as defined by law.
To determine the return on assets ratio, divide net income by the average total assets. The product of the profit margin and the total asset turnover can also be used to express this ratio. The return on total assets can be calculated using either formula.
Therefore, Thus option (C) is correct
Learn more about income here:
https://brainly.com/question/14732695
#SPJ1
What are 5 of the executive departments?.
The 5 of the Executive Departments are:
U.S. Department of Agriculture.U.S. Department of Commerce.U.S. Department of Defense.U.S. Department of Education.U.S. Department of Energy.What are the Executive Roles and Responsibilities?The Executive Branch conducts diplomacy with other countries, and the President has the power to negotiate and sign treaties ratified by the Senate. The President can direct law enforcement officers or issue executive orders to clarify and promote existing laws.
What are executives and examples?Executive is also an adjective that describes having the power to make decisions. The President of the United States is the executive branch of government and is responsible for enforcing laws that improve the country for its citizens.
Learn more about executive departments:
brainly.com/question/3652860
#SPJ4
A store buys 7 sweaters for $77 and sells them for $196. How much profit does the store make per sweater?.
The profit made per sweater is $17
Total numbers of sweaters bought = 7
The cost price for seven sweaters = $77
The selling price of seven sweaters = $196.
Gain or profit is attained by raising the price of goods so that consumer spending exceeds producer expenses and a sizable return on investment is left. Profit is the money that remains after expenditures and expenses have been paid.
Calculating the amount the store bought the sweaters for -
196- 77
= 119
Profit the store made per sweater -
= Total amount/ Number of sweaters
= 119/7
= 17
Read more about profit on:
https://brainly.com/question/26215194
#SPJ4
suppose a good has a downward-sloping, straight-line demand curve. if the price elasticity of demand is 2.5 when the price is $10 per unit, then the price elasticity of demand when the price is $7 per unit could be?
The the price elasticity of demand when the price is $7 per unit could be 1.7.
What is price elasticity?The relationship between the percentage change in a product's quantity demanded and the percentage change in price is known as price elasticity of demand. It helps economists comprehend how supply and demand shift in response to changes in a product's price.
Demand Price Elasticity = % Change in Demanded Quantity / % Change in Price For instance, the price elasticity of demand would be 1.5 if the quantity sought for a product increased 15% in response to a 10% price decrease.
By dividing the percentage change in quantity required by the percentage change in price, the price elasticity of demand is determined. Demand is regarded as elastic if the quotient is larger than or equal to one. Demand is regarded as being inelastic if the value is less than one.
The four variables that influence price elasticity of demand are:
the presence of alternatives, whether the commodity is a luxury or a necessity, the percentage of money spent on the good, and the length of time since the price change. The good is normal if income elasticity is positive.Learn more about price elasticity, here
https://brainly.com/question/28483528
#SPJ1
A long term investment classified as equity securities with controlling influence implies that the investor can exert a controlling influence over the investee. An investor who owns more than 50% of a company's voting stock has control over the investee.
True
False
A long term investment classified as equity securities with controlling influence implies that the investor can exert a controlling influence over the invested. An investor who owns more than 50% of a company's voting stock has control over the invested. This, statement is the truth. Thus, option (a) is correct.
What is investment?An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments. The investment is the benefit of the future. The investment are the share and the mutual funds, or banks are to save the money also the large interest on the money.
To invest in the stock was the client are the money invest to the proper invest of the company. Equity Securities with controlling influence are the long-term investment in the company.
Therefore, option (a) is correct.
Learn more about on investment, here:
https://brainly.com/question/15105766
#SPJ1
which term describes the measurement of poverty where a household income falls below the necessary level to purchase food to physically sustain its members
Absolute poverty describes the measurement of poverty where a household's income falls below the necessary level to purchase food to physically sustain its members.
What is meant by absolute poverty?
Absolute poverty is when household income is below a certain level. This makes it impossible for the person or family to meet basic needs of life including food, shelter, safe drinking water, education, healthcare, etc.
What is the best example of absolute poverty?
Absolute poverty is caused by debt, world population increases, natural disasters, conflicts, and child labor. An example of absolute poverty includes a 12-year-old boy who has never been to see a doctor or attended school.
Where is absolute poverty most common?
Absolute poverty is increasingly concentrated in sub-Saharan Africa. About 40% of the region's people live on less than $1.90 a day.
Learn more about Absolute poverty here :- https://brainly.com/question/9963190
#SPJ4
pacific tourism is an agency that offers special holiday packages in the pacific region. every year, as an incentive, the most efficient and effective manager in the network gets an all-expenses-paid trip to one of oceania's islands. which manager is most likely to meet these requirements?
Kato, who chooses the right goals to pursue and makes clever use of resources toachieve them
What is the aim of the South Pacific Tourism Organisation?The SPTO wants to advance regional collaboration, sustainable development, global awareness of the region, resource augmentation, and promotion of regional diversity in culture through tourism.
The SPTO, which has 200 members from the business sector and 21 members from the government, is the designated organization responsible for representing tourism in the area.
Its responsibility is to encourage, facilitate, carry out, coordinate, advise, and collaborate on tourism-related activities that support the growth of the industry sustainably in the Pacific.
To learn more about SPTO refer to:
https://brainly.com/question/13167067
#SPJ4
the total gains from trade (for all the consumers of a good and all the producers of the good) are maximized when the market is in a situation called...
When the market is at a state known as equilibrium, the overall gains from trade (for all of the consumers of a commodity and all of the producers of a good) are maximized.
When a market reaches equilibrium, what does that mean?At the price where quantities demanded and supplied are equal, equilibrium is reached. By displaying the total price and quantity at which the supply and demand curves intersect, we may visualize a market in equilibrium.
Does a market have a consumer surplus when it is in equilibrium?Consumer surplus is the region (often a triangular region) above the equilibrium price of the good and below the demand curve on a supply and demand diagram. The market equilibrium is the point at which a price stabilizes, ensuring that both consumers and producers get the maximum surplus in an economy.
Learn more about market equilibrium: https://brainly.com/question/25300841
#SPJ4
Poplar products is evaluating a piece of machinery. The cost of the machinery is $1,700,000. The machinery will be depreciated over five years. At the end of the project, the equipment will be worth 25% of its original value. The tax rate is 35%. What is the after-tax proceeds at the end of the project?.
The after-tax proceeds at the end of the project will be $276,250.
What are after-tax proceeds?After subtracting any costs spent or taxes paid by the seller in connection with or as a result of the asset sale, the term "Net After-Tax Proceeds" refers to the sum of the net cash proceeds obtained by the seller from the asset sale.So, calculate after-tax proceeds as:
The initial cost of purchasing the equipment will be $1,700,000.At the conclusion of the project, the equipment will be worth $425,000, or 25% of its original cost ($1,700,000 ×.25).The machinery will have totally depreciated by this point.35% is the applicable tax rate.The revenues after taxes come to $425,000 x (1 /.35) = $276,250Therefore, the after-tax proceeds at the end of the project will be $276,250.
Know more about after-tax proceeds here:
https://brainly.com/question/25790997
#SPJ4
c. wright mills identified the major decision-makers at the highest levels of corporations, politics, and the armed forces in the u.s. as the .
The power elite in the United States was described by Wright Mills as the key decision-makers at the highest levels of corporations, politics, and the armed forces.
The elite hold the important leadership posts within the bureaucracies that now rule modern society, where the actual centres of power are now. As a result, rather than stemming from individuals, their power is based on authority, a quality of social structures.
He contends that it is not a group of evil men conspiring against society, but rather a social structure that has increased and centralised power and given it to men with similar social backgrounds and worldviews.
Learn more about power elite here:
https://brainly.com/question/12793435
#SPJ4
What is significant about the absolut vodka company in the context of advertising?.
Absolut Vodka has been regarded for its print advertisements showing its unique bottle in unusual and obscure contexts.
These classified ads bring that the vodka makes the context wherein it's far positioned 'Absolut'.
Absolut Vodka is made solely from natural components, and in contrast to different vodkas, it doesn't contain any added sugar. In fact, Absolut is as natural as vodka can be.
Absolut became an iconic bottle when it piqued the interest of Andy Warhol, who created Absolut's well-known print campaign in 1986. consistent with the Absolut ebook: “Over dinner one night time, Warhol tells Michel [Roux] that he's enthralled by the artfulness of the Absolut bottle.
Learn more about advertisements here: https://brainly.com/question/25785890
#SPJ4
if a firm is earning positive economic profit, it must be the case that:if a firm is earning positive economic profit, it must be the case that:
Economic Profit = Total Revenue - Total Costs
= Quantity * Price - Quantity * Average cost
= Q(P- AC)
Since economic profit is positive, it can be mentioned that P- AC is positive which tells us that P>AC or price is greater than Average cost.
What you mean by economic profit?
The difference between the money made from selling an output and the price of all the inputs plus any opportunity costs is what is known as an economic profit or loss. Economic profit is determined by subtracting opportunity costs and explicit costs from earned income.What is the role of economic profit?
Economic profit is important since it makes it possible to evaluate the profitability and financial performance of a company. It demonstrates a company's ability to pay its bills and generate profit for its investors. By this standard, brands are only deemed successful when they generate income for all parties.Learn more about economic profit
brainly.com/question/15036999
#SPJ4
if a consumer borrows at an interest rate greater than the interest rate at which he or she can lend, then group of answer choices this makes no difference for consumer behavior. the consumer must be a lender. banks cannot make a profit. the budget constraint has a kink at the endowment point.
If a consumer borrows at an interest rate greater than the interest rate at which he or she can lend, then the budget constraint has a kink at the endowment point.
Since the consumer is obviously not a bank, the bank will prefer to make a profit if the consumer borrows money at a higher rate. Since the lending rate is lower than the borrowing rate, the consumer is not a lender. There will be a kink indicating the difference because his interest rate is different and his borrowing rate is higher.
The limit of the opportunity set—all potential combinations of consumption that a person can afford given the costs of items and their level of income—is their budget. Measures of cost are based on what must be given up in exchange, or opportunity cost.
to know more about budget constraint visit
https://brainly.com/question/14611599
#SPJ4
What is short term production planning?.
Short term production planning is the planning phase in which actual orders are continuously planned. and produced.
What are the types of production planning?different types of production planning's are
1) Work-based planning
Work-based or project-based production focuses on the production of a single product and is handled by either one worker or a group of people.
2) Batch method
Batch production is used when products are made in groups, rather than individually or in continuous production. For example, cookies are made in batches, which means that each step of production occurs simultaneously in a batch of cookies.
3) Flow method
Flow production is a demand-driven method characterized by a continuous flow of units through the production line. This technology is often used in the manufacture of televisions and home appliances.
4)Mass production method
Mass production is very similar to flow production. This technique is very useful when you are producing many of the same products in a short period of time.
To learn more about production planning, refer;
https://brainly.com/question/15059918
#SPJ4
