Residential Investment Payments of Factor Income to the rest of the world National Income Inventory Adjustment 0.00 Personal Consumption Expenditure Depreciation Exports Nonresidential Investment Receipts of Factor Income from the Rest of the World Government Transfer Payment 200.00 Statistical Discrepancy 0.00 Imports Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G).
Answers
Please find full question attached
Answer and Explanation:
Gross domestic product is calculated:
Gross Domestic Product(GDP) = Gross National Product (GNP) - Receipts of factor income from rest of the world + Payments of factor income to the rest of the world
So to find GDP, we calculate GNP
GNP = NNP+Depreciation
To calculate GNP, we calculate NNP:
Net national product (NNP) =national income, so we have,
NNP = $2,445 billion
GNP = NNP + Depreciation = $2,445+$75
GNP = $2,520 billion
So we substitute in GDP formula to calculate GDP
GDP = 2,520 - 70 + 50 = $2500 billion
GDP = $2,500 billion
Government consumption and gross investment= Government transfer payments + Non-residential investments
Government consumption and gross investment is given by G
G = 200+250 = $450 billion
G = $450 billion
Related Questions
I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP
Answers
The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.
What is domestic?Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.
Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.
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During the month, Bavarian Auto Co. received $379,550 in cash and paid out $320,350 in cash. a. Does this information indicate that Bavarian Auto Co. had net income of $59,200 during the month? No
Net income is ✓ the net change in all assets and liabilities from operating (revenue and expense) transactions.
b. If the balance of the cash account is $85,800 at the end of the month, what was the cash balance at the beginning of the month?
Answers
Answer:
No, $59,200 shows only the change in the net cash not in the net income.
The beginning cash balance for the month is $26,600.
Explanation:
a. When the difference of the cash received that is $379,550 and cash paid that is $320,350 is taken it shows only the net change in the cash balance that is $59,200, irrespective of the net income, as this might or might not include some of the revenues or expenses which are in the cash form.
b. When the ending cash balance is $85,800, and the net cash changes is $59,200; then the beginning cash balance will the difference of the ending cash balance and the net cash changes; this will amount to $26,600.
Which of the following best describes the initial impact this deposit will have on the bank’s balance sheet?
Answers
The initial impact of a deposit on a bank's balance sheet is an increase in both assets and liabilities. The deposit increases the bank's liabilities in the form of customer deposits and increases the bank's assets in the form of cash or reserves.
The initial impact of a deposit on a bank's balance sheet can be described as an increase in both assets and liabilities.
When a customer makes a deposit, the bank records the deposit as a liability because it owes the customer the money.
At the same time, the bank also records the deposit as an asset because it now has the customer's money, which it can use for lending and other activities.
Specifically, the deposit will increase the bank's liabilities in the form of customer deposits. This is because the bank is now obligated to return the deposited funds to the customer upon request.
At the same time, the deposit will increase the bank's assets in the form of cash or reserves. This is because the bank now has more money available to fulfill its obligations to customers.
In terms of the balance sheet equation (Assets = Liabilities + Equity), the deposit will increase both sides of the equation. The increase in liabilities represents the increase in customer deposits, while the increase in assets represents the increase in cash or reserves.
It's important to note that this initial impact on the balance sheet does not affect the bank's equity. Equity represents the bank's ownership interest and is not directly impacted by the deposit.
However, the bank can use the increased assets resulting from the deposit to generate profits, which can then increase the bank's equity over time.
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Consider the economies of Hermes and Gobbledigook, both of which produce gaggles of gop using only tools and workers. Suppose that, during the course of 50 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same.
Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2014 and 2034.
Year
Hermes
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker)
2014 11 30 3,000
2034 15 30 3,600
Year
Gobbledigook
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker)
2014 8 30 2,400
2034 12 30 3,600
Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2014 to 2034, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a (larger or smaller)?? amount than productivity in Gobbledigook. This illustrates the concept of (brain drain or increasing return or inward oriented growth or diminishing returns or constant return?)??? , which makes it (easier or more difficult ??) for countries with low output to catch up to those with higher output.
Answers
The productivity (in terms of output per worker) of the economies of Hermes and Gobbledigook can be computed as follows:
1. Hermes
Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Gaggles (Gaggles per
of gop) worker)
2014 11 30 3,000 100 (3,000/30)
2034 15 30 3,600 120 (3,600/30)
2. Gobbledigook
Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Gaggles (Gaggles per
of gop) worker)
2014 8 30 2,400 80 (2,400/30)
2034 12 30 3,600 120 (3,600/30)
3. The 4-unit change in capital per worker causes the productivity in Hermes to rise by a smaller amount (20%) than the productivity in Gobbledigook (50%). This illustrates the concept of diminishing returns, which makes it easier for countries with low output to catch up to those with higher output.
What is the law of diminishing marginal returns?The law of diminishing returns states that a developed nation's growth rates tend to slow as the economy matures, enabling developing nations to catch up with the former's growth.
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Funds that banks lend to borrowers come from
Answers
The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.
Answers
1. the postal service experienced an increase in total contribution margin of $7.00
2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00
4. The exact number of deluxe sheets is 45.
Calculation of the increase (decrease) in total contribution margin:
The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:
Selling price of regular souvenir sheets: $8.00
Selling price of deluxe souvenir sheets: $15.00
Number of regular souvenir sheets sold: 80,000
Number of deluxe souvenir sheets sold: 50,000
To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:
Contribution margin regular souvenir sheets = Selling price - Variable cost
= $8.00 - Variable cost
Contribution margin deluxe souvenir sheets = Selling price - Variable cost
= $15.00 - Variable cost
To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:
Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular
= ($15.00 - Variable cost) - ($8.00 - Variable cost)
= $15.00 - $8.00
= $7.00
So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.
2. Calculation of the percentage increase in selling price and unit sales:
Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100
= [(15.00 - 8.00) / 8.00] * 100
= 87.5%
Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.
Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100
= [(50,000 - 80,000) / 80,000] * 100
= -37.5%
The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:
To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:
Selling price deluxe = Selling price regular + Increase in contribution margin
= $8.00 + $7.00
= $15.00
So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.
4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:
Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold
= ($8.00 - Variable cost) * 80,000
To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:
Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets
($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000
Simplifying the equation:
Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)
= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)
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I have paid off my mortgage and will now be responsible to pay my insurance premium. Please send all invoices directly to me now. Also, I would like to split the payments into the smallest increments possible. Please let me know what my best option is for reducing my payment amount. What type of payment plan would be given?
Answers
The type of payment plan would be given to the customer is installment method where accounting is easier to record transaction.
To split payments there are various methods that are approached in the accounting process and are very helpful but the most helpful method is the installment method which make both debtor and creditor in a profitable relationship.
Installment method helps to record transactions with ease and remember the payment amount with each approached premium to be paid in the form of cash or credit.
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Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation:
Acquired $32,000 cash from the issue of common stock.
Borrowed $38,000 cash from National Bank.
Earned cash revenues of $50,000 for performing services.
Paid cash expenses of $46,000.
Paid a $1,200 cash dividend to the stockholders.
Acquired an additional $22,000 cash from the issue of common stock.
Paid $10,000 cash to reduce the principal balance of the bank note.
Paid $55,000 cash to purchase land.
Determined that the market value of the land is $77,000.
Determine the amount of total assets that Maben would report on the December 31, Year 1, balance sheet.
Answers
The percentage of assets that were provided by investors, creditors, and earnings is $84,800.
What is investors?An investor is any individual or other entity such as a business or mutual fund who invests money with the hope of making a profit.
A technique for company improvement called the Investors in People Standard aims to boost an organization's performance through its workforce. The management and growth of an organization's workforce aids in performance improvement and the achievement of goals.
Calculation-
Balance sheet
assets = liability + stockholder's earning,
Cash+land = notable payable+common stock+retained earning
$29800+$55000=$28000+$54000+$2800.
$84800=$84800
Income statement
Revenue-expenses =net income
$50000-$46000=$4000
Thus, it is $84,800.
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The working note and solution is attached-
Which of the following is likely to increase the value of a country's currency?
Answers
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
Which scenario holds true when a tariff is applied to an imported item? A. both domestic and foreign consumers pay the same price B. domestic consumers of the imported item pay a higher price C. foreign consumers of the imported item pay a higher price D domestic consumers of the imported itern pay a lower price
Answers
Answer:
i would say b, the domestic pay more.
Entrepreneurs must make sense of complex information and make decisions about how to invest their time, effort, and other resources. Consequently, it is important to understand that.
Answers
It is important to understand that good entrepreneurs must be good judges.
What are the qualities of Good Entrepreneurs?Self-MotivationSelf-motivation is one of the most crucial characteristics of entrepreneurs. You must be able to push yourself if you want to achieve.
Take ChancesSuccessful businesses understand that it is sometimes necessary to take risks. As a business owner, playing it safe nearly never leads to success.
Understanding How to NetworkNetworking is a key aspect of entrepreneurship. Success is sometimes determined by who you know.
Basic Financial Management Knowledge and SkillsWe typically conceive of successful entrepreneurs as "big picture" thinkers who don't sweat the small stuff.
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5. The time required and costs involved in an external audit are much higher as compared to internal audits.
Answers
Answer:
True
:>>>
is this a question??
On March 1st, Mr. Smithe signed up for a fitness program at Fit Co. and paid $960 for the entire program upfront. The program includes a total of 12 sessions and two sessions are delivered each month. How much revenue from Mr. Smithe should Fit Co. recognize at the end of March
Answers
Answer:
Revenue - March = $160
Explanation:
The accrual principle in accounting states that the revenues for a period should match the expenses for that particular period and any revenue or expense should be recorded in the period to which it relates to. This means that the upfront fee received by Fit Co. is a liability and should not be recorded as a revenue until it is earned. So, by providing two sessions in the month of March, Fit Co. has earned revenue for 2 sessions out of the twelve. Thus, at the end of March, Fit Co. should record a revenue of,
Revenue - march = 960 * 2/12 = $160
The Fit Co. can realize revenues of the month of March from Mr. Smith as $160 which is calculate as a half-yearly membership to the receiver i.e., Mr. Smithe and only two sessions will be delivered to him during the month of March.
Mr. Smithe however will be liable to pay the entire amount of $960 as membership fees as only Fit Co. is doing so for the purposes of accounting as the year will change on March 31st.
Mr. Smithe joined the fitness program offered by the Fit co. Mr. Smithe paid for the entire program upfront in full. Mr. Smithe has agreed on the fact that he will get 12 sessions for this price.In 12 sessions totally, the bifurcation of which will be 2 sessions delivered to him each month and hence it can be concluded that the fitness program is half yearly.So for 1 month of service being offered and no liabilities for the month remain by the end of Mr. Smithe, the Fit Co. will have to realize 160 dollars as their revenue for the month ended March.\(Revenue\ for\ March=\frac{960}{6}\)
\(Revenue\ for\ March = 160\ dollars\)
Hence, the calculation above makes it clear that that Fit Co. is able to realize a revenue of $160 for the month ended March from Mr. Smithe for accounting purposes.
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If you have many competing financial goals, what should you do to help yourself focus on the most important ones?
A.
Get more unearned income.
B.
Prioritize and make a budget.
C.
Open a checking account.
D.
Diversify your investments.
Answers
Answer:
B.
Prioritize and make a budget.
Keesha Company borrows $175,000 cash on November 1 of the current year by signing a 180-day, 9%, $175,000 note
Answers
After 180 days from the borrowing date, Keesha Company must pay the lender a total of $183,219.18.
Given
Borrowing = $175,000
Rate = 9%
Time = 180 days
Assume: 365 days
Required to calculate the total repaid amount after 180 days
Interest = Borrowing x rate x time / 365 x 365
= $175,000 x 9 x 180 / 365 x 100
= $8219.18
Amount repaid = borrowing + interest
= $175,000 + $8219.18
= $183,219.18
Therefore, After 180 days from the borrowing date, Keesha Company must pay the lender a total of $183,219.18.
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what is limited writing system
Answers
Limited writing refers directly to the object or idea portrayed. Pictograms or ideograms call to mind an image or concept that may be expressed in language. The reader does not need to know the language of the writer to translate the signs into his or her own language.
True or False: Logistics management is the primary process of supply chain management.
True or False: The Economic Production Quantity depends in part on the maximum inventory and setup costs.
Answers
Answer:
1 .)True
2.)True
Explanation:
thanks for the points
Give a graphical Representation of Amazon's Supply Chain
Give a graphical representation of Lowes's Supply Chain
PLS PLS HELP! NO SPAM ANSWERS DUE IN AN HOUR
Answers
Representation of Amazon's Supply Chain :
Customers
|
v
Amazon website
(order processing)
|
v
Suppliers and manufacturers
(product sourcing)
|
v
Amazon fulfillment centers
(inventory management)
|
v
Transportation providers
(shipping and delivery)
|
v
Delivery locations (end users)
EXPLANATIONIn this diagram, the arrows represent the flow of goods, services, and information between the different entities involved in the Amazon supply chain, while the vertical lines represent the stages or touchpoints of the process. The diagram starts with the customers at the top, followed by the Amazon website, suppliers and manufacturers, fulfillment centers, transportation providers, and delivery locations.Representation of Lowes's Supply Chain
+----------------+
| Supplier |
+----------------+
|
v
+----------------+
| Warehouse/DC |
+----------------+
|
v
+----------------+
| Store |
+----------------+
|
v
+----------------+
| Customer |
+----------------+
In this example, the product is first shipped from the supplier to a Lowe's warehouse/distribution center. Once the product is received at the warehouse, it is then shipped to the Lowe's store. Finally, the product is sold to the customerAnswer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
Answers
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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. Explain ‘communication cycle' and its essential
elements?
Answers
Explanation:
The communication cycle can be understood as a process composed of eight elements responsible for making a message transmitted and understood. Through these steps, communication can be carried out in a more efficient and effective manner, making the central objective of communication possible.
1- Source: It is the sender of the message, the person or the group that will transmit it.
2- Message: It is in fact the information that the sender intends to send.
3- Channel: The channel will be the method by which the message will be transmitted, such as telephone, internet, tv, radio, etc.
4- Receiver: It consists of the person who will receive the message. Who the message is for.
5- Feedback: It is the recipient's response to the message. It means that the message has been understood.
6- Environment: It means to which environment the message will be transmitted. If it is an organizational environment, for example, the message must follow some fundamental requirements, such as language or formal writing.
7- Context: It is the content of the message, adapted to the recipient of the message;
8- Interferences: These are internal or external problems that hinder the delivery of the message to the recipient and its understanding, such as difficulty in understanding symbols and jargon used in a communication email.
Anastasia is a principal who is responsible for telling one of her teachers that the school will be cutting her Spanish program in the fall. She has been friends with this teacher for years and knows that the teacher will be very upset. What is the most appropriate communication channel for Anastasia to choose to share this news with the teacher in this scenario?
Question 2 options:
She should send the teacher a formal, typed letter.
She should talk to the teacher face-to-face.
She should send the teacher a text message.
She should post the news on the school website.
Answers
Answer she should talk to her face to face
Explanation:
if she respects this woman that is the best way to keep it
answer plese plese plese plese
Answers
Answer:
pls yrr sachi pic pa please
Jennings Co. has total assets of $433.0 million. Its total liabilities are $114.5 million. Its equity is $318 million. Calculate the debt ratio. (Round your answer to 1 decimal place.)
Answers
Answer: 26.4%
Explanation:
The debt ratio is used to show how much of the company's assets is funded by debt.
It is calculated by the formula:
= Total liabilities / Total assets
= 114.5 / 433.0
= 0.2644
= 26.4%
Your instructor wants to know more about you , your motivation for taking the course, your career goals, and your writing skills.
your task. Send an e-mail of introduction to your instructor. In your message include the following:
A. your reasons for taking this class
B. your career goals(both temporary and long-term)
C. A brief description of your employment, if any, and your favorite activities.
D. An assessment and discussion of your current communication skills, including your strengths and weaknesses.
For online classes, write a letter of introduction about yourself with the preceding information. Think about how people in virtual teams must learn about each other through online messages.
Answers
Answer:
D
Explanation:
On May 3, what is the balance of the Equipment Office account? A. Debit $5,090 C. Debut $4,400 B. Debit $690 D. Credit $5.090
Answers
Based on the balance on the account and the amount purchased, the balance on the Equipment office account was A. Debit $5,090.
The opening balance for the Equipment office account was $4,400 on May 1.
The store then purchased a calculator for the office on May 1 for $690. This will increase the Equipment office account by the same amount.
The balance would therefore be:
= 4,400 + 690
= $5,090
This balance would be a debit as this is an asset.
In conclusion, option A is correct.
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Suppose one-seventh of the employees of a certain company work in the Southeastern region. If the company employs 256 workers in that region, what is the total number of employees working for the company?
Answers
Answer:
1792
Explanation:
256 is 1 out of 7.
so 7 times 256 is 7 out of 7
256 x 7 = 1792
Which of the following quotes from a new-product adopter would signal the need for a firm to counteract a psychological barrier?
Answers
The psychological barrier may become an obstacle for a company to run its operations effectively.
The correct answer to the given question is :
" But it might make fat"
What is Psychological Barrier?
This quote is a psychological barrier for a company's new product, because it already states that it may cause a person to become fat.
Usually people follow healthy diet and they avoid consuming such products which make them fat.
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Mullin, InC., purchases supplies such as paper towels, soap, toilet paper, and seat covers directly from manufacturers and then sells them to other firms. Mullin, InC. is a(n)
Answers
Answer:
wholesaler
Explanation:
A wholesaler is part of the downstream supply chain. It operates by purchasing large amounts of certain goods and then reselling them to smaller retailers. Wholesalers act as intermediaries between small retailers that are unable to purchase large amounts from manufacturers, but still need to purchase them at a discount price. Generally, wholesalers do not sell directly to the general public, only to other smaller businesses.
The Montgomerys borrowed $107,000 at 7.50% for 30 years to purchase a house. Find the total interest the Montomerys will pay if they pay the loan on schedule. Click the icon to view the monthly payment of principal and interest table. OA. $162,254.80 OB. $149, 158.00 OC. $177,662.80 OD. $168,803.20
Answers
The total interest the Montgomerys will pay if they pay the loan on schedule is approximately $163,072.
To find the total interest the Montgomerys will pay over the course of the loan, we can calculate the monthly payment and then subtract the principal borrowed.
First, we need to calculate the monthly payment using the loan amount, interest rate, and loan term. We can use the formula for calculating the monthly payment on an amortizing loan:
Monthly payment =\(P * r * (1 + r)^n / ((1 + r)^n - 1)\)
Where:
P = Principal amount borrowed = $107,000
r = Monthly interest rate = Annual interest rate / 12 = 7.50% / 12 = 0.625%
n = Total number of payments = 30 years * 12 months/year = 360 months
Plugging in the values, we have:
Monthly payment = $107,000 * 0.00625 * (1 + 0.00625)^360 / ((1 + 0.00625)^360 - 1)
≈ $750.20
The monthly payment of principal and interest is approximately $750.20.
To find the total interest paid, we can multiply the monthly payment by the total number of payments and subtract the principal borrowed:
Total interest paid = (Monthly payment * Total number of payments) - Principal borrowed
= ($750.20 * 360) - $107,000
≈ $270,072 - $107,000
≈ $163,072
Therefore, the total interest the Montgomerys will pay if they pay the loan on schedule is approximately $163,072.
None of the provided answer options match the calculated value. However, based on the calculation, the closest option is OA. $162,254.80.
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Suppose that the demand and supply for good X are
=60−2 +0.01+7 !"#
=−600+10 $"
Where = quantity demand; = quantity supply; =Price of X; = Average !$"
consumer income; and = Price of a related good R #
(i) Is good X normal or inferior? Explain.
(ii) Are goods X and R substitutes or complements? Explain.
(iii) Suppose that = 40,000 and = 20, what are the equilibrium price and
quantity?
(iv) What happens to equilibrium price and quantity if supply shift to:
=−360+10
Answers
(i) Good X is an normal good as it is directly proportional to average consumer income. When consumer income increases, demand for good X also increases.
What is consumer income ?Consumer income is the money that a person or household earns from wages, salaries, investments, pensions, and other sources. It is the money that is available to be spent on goods and services, such as food, housing, clothing, entertainment, and other necessities. Consumer income is closely linked to GDP, as it is one of the major drivers of economic activity. As consumer income increases, people are more likely to spend money, which stimulates the economy.
(ii) Goods X and R are substitutes since a rise in the price of one will lead to a rise in the demand for the other. A change in the price of one good will affect the demand for the other.
(iii) If = 40,000 and = 20, then the equilibrium price and quantity of Good X can be determined by solving the equation:
60−2 +0.01*40000+7*20 = −600+10*20
This gives the equilibrium price of X to be $58 and the equilibrium quantity to be 800.
(iv) If the supply shifts to =−360+10, then the equilibrium price and quantity of Good X can be determined by solving the equation:
60−2 +0.01*40000+7*20 = −360+10*20
This gives the equilibrium price of X to be $48 and the equilibrium quantity to be 600. As the supply has shifted, the equilibrium price of Good X has decreased from $58 to $48 and the equilibrium quantity has decreased from 800 to 600.
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